***MASSIVE PRICE REDUCTION***Welcome to a lucrative investment opportunity nestled in the heart of 29 Palms. This multi-unit property, located at 6038 Bagley Avenue, boasts 10 spacious and well-maintained units, offering a blend of comfort and convenience. This property is an ideal addition to any investment portfolio, offering a winning combination of current income and future appreciation. The area is known for its proximity to Joshua Tree National Park, making it a popular spot for nature lovers and those seeking outdoor activities. Don’t miss this opportunity to acquire a valuable piece of real estate in a growing community. 10 well maintained units the have a solid rental track record. Mix of a Studio, 1’s, 2’s & Onsite laundry. Also, each unit is individually metered for electricity! Current Actual Cap rate 7.42%!!! and GRM is 9.8%!!
AGENT: Herbert Diaz LISTING BROKERAGE: PLF Real Estate Solutions
Courtesy of PLF Real Estate Solutions. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 6038 Bagley AV
29 Palms, CA
Property Details
Price:
$979,900
MLS #:
DW24161111
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
699notdefined
Listed Date:
Aug 5, 2024
Total Sq Ft:
10,450
Lot Size:
44,866 sqft / 1.03 acres (approx)
Year Built:
1947
699 – Not Defined699notdefined
Ask a Question
See this Listing
Schools
Interior
Laundry Features
GE, SEE, WH
Levels
A
Exterior
Common Walls
_2CW
Community Features
RUR, VLY
Parking Spots
12
Parking Total
12
Financial
Net Operating Income
$72,741
Map
Community
- Address6038 Bagley AV 29 Palms CA
- City29 Palms
- CountySan Bernardino
- Zip Code92277
