62044 Chollita Road, Joshua Tree, CA 92252
-
Listed Price :
$2,500,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
-
Year Built :
1960
Property Description
Incredible investment opportunity to acquire a turn-key, fully furnished 9-unit multifamily complex with SHORT-TERM RENTAL potential, ideally suited for a 1031 exchange. Ideally located on a 1.33 acre lot in the vibrant heart of downtown Joshua Tree, this meticulously maintained property features recently renovated interiors. It is just a few minutes from local retail and close to the Joshua Tree National Park Visitor Center and weekly farmers market. The complex offers ample space for potential future development on its excess land (buyer to verify with appropriate authorities). On-site amenities include an office with an attached staging room for cleaners, laundry facilities, a storage shed, EV charging, and parking spots. Several units have private patios, large enough for jacuzzi installations, and all units feature living rooms and full kitchens, making them ideal for both long-term and short-term rentals. The property consists of nine units: six 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and two 3-bedroom/2-bathroom units. It currently holds a motel license and health permit, allowing for short-term rentals.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Flooring Information |
| Material |
Concrete |
Listing Information
| Address |
62044 Chollita Road |
| City |
Joshua Tree |
| State |
CA |
| Zip |
92252 |
| County |
San Bernardino |
| Listing Agent |
Serena Leiterman DRE #01965152 |
| Courtesy Of |
Equity Union |
| List Price |
$2,500,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
57,934 |
| Year Built |
1960 |
Listing information courtesy of: Serena Leiterman, Equity Union. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:00 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
