Rare Investment Opportunity in Twentynine Palms! This unique multi-family property features four detached, income-generating studio units situated on an expansive 36,621 SF lot. Currently generating $3,350 in monthly gross income ($40,200 annually), the property offers immediate cash flow with significant upside, as proforma market rents suggest a potential 5.41% CAP rate. Each unit provides a private “tiny home” atmosphere for tenants, who cover their own electric, gas, and internet utilities.
This “blank canvas” lot offers massive development flexibility, with city approval for additional units or ADUs, and is even suitable for commercial development. Located just minutes from the Marine Corps Air Ground Combat Center and Joshua Tree National Park, this property is perfectly positioned to capitalize on the area’s high rental demand and steady appreciation. Whether you are looking to expand the residential footprint or pivot to a commercial venture, this oversized parcel at 72121 Hatch Road is a cornerstone addition to any desert portfolio.
AGENT: NATHAN DIONES LISTING BROKERAGE: REGIONCY REAL ESTATEThis “blank canvas” lot offers massive development flexibility, with city approval for additional units or ADUs, and is even suitable for commercial development. Located just minutes from the Marine Corps Air Ground Combat Center and Joshua Tree National Park, this property is perfectly positioned to capitalize on the area’s high rental demand and steady appreciation. Whether you are looking to expand the residential footprint or pivot to a commercial venture, this oversized parcel at 72121 Hatch Road is a cornerstone addition to any desert portfolio.
Courtesy of REGIONCY REAL ESTATE. 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. 72121 Hatch RD
29 Palms, CA
Property Details
Price:
$535,000
MLS #:
IG26090956
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
dc725smoketree
Listed Date:
May 1, 2026
Total Sq Ft:
1,440
Lot Size:
36,621 sqft / 0.84 acres (approx)
Year Built:
1946
Dc725 – Smoke TreeDc725smoketreeNeighborhood
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Schools
Interior
Cooling
EV
Flooring
TILE
Laundry Features
NO
Levels
A
Exterior
Common Walls
NCW
Community Features
RUR
Fencing
MASN
Parking Spots
4
Parking Total
4
Roof
CMP
View
MT, PA, NE
Financial
Gross Operating Income
$38,190
Net Operating Income
$21,920
Map
Community
- Address72121 Hatch RD 29 Palms CA
- City29 Palms
- CountySan Bernardino
- Zip Code92277
