$839,000
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Maximize your investment portfolio with this impeccably maintained 4plex, strategically located in 29 Palms, California. Each unit in this complex offers a spacious 1,280 sqft layout with 3 bedrooms and 2 baths, presenting an ideal living arrangement that attracts and retains tenants. Stable Income Generation: Monthly rents are attractive with Unit 1 at $1,625, Unit 2 at $1,650 (recently remodeled), Unit 3 at $1,575, and Unit 4 at $1,625. Low Overhead: As the landlord, you are only responsible for water and trash services, each unit offers its own electric and gas meters enhancing net operational income. High Tenant Demand: The desirable floor plans feature open-concept living areas, large kitchens with ample storage and counter space, luxury vinyl plank flooring throughout, and each unit has its own laundry room increasing tenant appeal and supporting premium rental pricing. Quality Upgrades: All units boast large stainless steel sinks, upgraded faucets, modern water heaters, and updated lighting fixtures. Units 1 and 2 have been upgraded with a new 2,500-gallon concrete septic tank. Enhanced Tenant Comfort: Features dual-pane windows with treatments, annually serviced central HVAC systems, and new water-efficient toilets to ensure a comfortable living environment. Additional Amenities: large carports for parking and each unit has an additional exterior storage. Unit 4 offers a large fenced backyard for added privacy and outdoor enjoyment. Owner Pride & Maintenance: The current owner's commitment to excellence is evident, with regular upgrades and meticulous maintenance ensuring the property remains in top condition. This dedication not only preserves the propertyās value but also keeps occupancy rates high. This 4plex represents a turnkey solution for investors seeking a property that combines high yield with low maintenance in a growing market. The consistent upkeep and strategic updates have positioned this property as a superior offering in the local real estate market. To view each unit virtually copy and paste the URL into your search browser.
Unit 1: https://my.matterport.com/show/?m=rJ9dQZsEpEP
Unit 2: coming soon
Unit 3: https://my.matterport.com/show/?m=1jQkbfg7wB9
Unit 4: https://my.matterport.com/show/?m=acW3pJm6qQG
Electricity Connected, Natural Gas Connected, Water Connected
Dishwasher, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan
Based on information from California Regional Multiple Listing Service, Inc. as of May 9th, 2024 at 12:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.