62044 Chollita Road
Joshua Tree, CA 92252
1.33 acres | #219117081DA
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.
Property Details
- Property SubtypeResidentialIncome
- ViewDesert, Mountains
- SubdivisionNot Applicable-1
- CountySan Bernardino
- Property TypeMulti-Family
- MLS #219117081DA
- MLS #219117081DA
- Original List Price$2,500,000
- Cost2100000
- Acres1.33
- Year Built1960
- Stories1
- Parking Spaces4
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Serena Leiterman (#CDAR-D80054)
Listing Office: Equity Union (#CDAR-d24281)
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