72555 Nicolson Drive 29 Palms, CA 92277
4 Beds
3 Baths
1,637 SqFt
UPDATED:
02/22/2025 04:20 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,637 sqft
Price per Sqft $122
MLS Listing ID JT25038374
Style Detached
Bedrooms 4
Full Baths 3
Construction Status Repairs Major
HOA Y/N No
Year Built 1930
Lot Size 1.699 Acres
Acres 1.6988
Property Sub-Type Detached
Property Description
Investor Special! 2 Homes on 1 Lot 1.69 Acres in Town with Endless Potential! This prime investment opportunity features two homes on one lot, sitting on 1.69 acres in a great in-town location. With stunning mountain views and close proximity to all the conveniences of downtown 29 Palms, this property is ready for an investor looking to maximize returns. The main home is a 3-bedroom, 2-bathroom residence, approximately 954 sqft, while the second home is a 1-bedroom, 1-bathroom unit, approximately 683 sqft. Both homes need a full remodel, but the upside is undeniablewhether you're looking to fix and flip, create long-term rentals, or develop a short-term rental portfolio. Additionally, there is a detached garage, providing extra storage, workshop potential, or additional conversion possibilities. Why Invest in 29 Palms? Short-Term Rental Market With the city's flexible rental regulations compared to other nearby areas, investors are capitalizing on the steady influx of visitors heading to Joshua Tree National Park. Proximity to Key Attractions Just minutes from the park entrance, Tortoise Rock Casino, Project Phoenix downtown revitalization, and the Marine Corps Base, this location is highly desirable for both vacation and long-term tenants. Growing Economy & Infrastructure 29 Palms continues to develop, with new businesses, hotels, and local attractions increasing property demand. With multiple income streams possible, ample space to expand, and an unbeatable location, this 2-home investment property has the potential to generate strong cash flow.
Location
State CA
County San Bernardino
Area Twentynine Palms (92277)
Interior
Cooling Swamp Cooler(s), Wall/Window
Exterior
Parking Features Garage
Garage Spaces 2.0
Utilities Available Electricity Connected, Water Connected
View Mountains/Hills, Desert, Neighborhood
Total Parking Spaces 2
Building
Story 1
Sewer Conventional Septic
Water Public
Level or Stories 1 Story
Construction Status Repairs Major
Others
Monthly Total Fees $46
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Special Listing Condition Standard
