Address
5668 Daisy Avenue 29 Palms, CA
Price
$ 179,000
Property Attributes
  • MLS#AR20110327
  • TypePending
  • CountySAN BERNARDINO
  • City29 Palms
  • AreaHarmony Acres
  • Zip92277
  • Style
  • Price$ 179,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1600
  • Lot Size8,564 SqFt
Listing Provided Courtesy Of:
Geoffrey Soumakian with Golden State Prop. & Inv..
Property Description

Great duplex in a great neighborhood. Its a quick 10 minute drive to the Marine Corps base for all your reliable Marine tenants. Both units are 2 bedrooms and 1 bathroom. Both units have low maintenance tile or wood floors and come with a refrigerator, stove and swamp cooler. This investment opportunity is priced at a cap rate of 7% based on the actual annual income of $15,500 and low annual expenses of $2,800 (tenants pay all utilities). There is room to raise the rents to $750/mo and get the cap rate up to 8.5%. With an initial investment of 20% down, your pro forma cash on cash return could be 19%! All units are currently rented, so please do not disturb tenants. Drive by only.

Price History
6/9/2020 Listed $179,000

General Features

Appliances Gas Range, Refrigerator
Assessments None
Attached Structure Detached
Carport Spaces 2.00
Community Features BLM/National Forest, Hiking
Cooling Evaporative Cooling
Directions Take 29 Palms HWY east, turn left on Lupine Ave., turn left on 2 Mile Rd. turn right on Daisy
Flooring Laminate, Tile
Garage Spaces 0.00
HOA Fee 0.00
Heating Wall Furnace
Levels One
Listagentaor Arcadia
Listing Agent Geoffrey Soumakian - BRE#01726857
Listing Agent State License 01726857
MLS Area DC723 - Harmony Acres
Number of Units Leased 2
Parking Features Built-In Storage, Attached Carport
Pool Features None
Price Per Square Foot 111.88
Roof Asphalt
Sewer Conventional Septic
Source System CRMLS
Special Listing Conditions Standard
Total Units 2
Utilities Electricity Connected, Natural Gas Connected, Water Connected

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area 800
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Appliances Y/N Yes
Common Walls No Common Walls
Heating Y/N Yes
Laundry Features In Kitchen, Washer Hookup
Laundry Y/N Yes
Number of Wall ACs 2
Range Count 2
Refrigerator Count 2
Studio Area Unit Type Square Feet
Total Stories 1
Window Features Low Emissivity Windows

Exterior Features

Building Area Total 1600.00
Fence Y/N Yes
Fencing Chain Link
Foundation Details Slab
Lot Features Lot 6500-9999
Lot Size Acres 0.1966
Lot Size Area 8564.0000
Lot Size Source Assessor
Lot Size Square Feet 8564.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
Number of Separate Water Meters 2
Parking Y/N Yes
Road Frontage Type City Street
Road Surface Type Paved
Total Parking 4.00
Uncovered Spaces 2.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92277

Price
AVG $120K
$180K
Visits
AVG 60
85
Year Built
AVG 1969
1960

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