6424 Athol29 Palms, CA 92277

Description

Exceptional opportunity to acquire a well-maintained 6-unit apartment community in the growing Twentynine Palms rental market. The property offers a desirable unit mix of five 2-bedroom, 1-bath units and one studio, providing strong in-place cash flow with additional upside. Extensively improved approximately three years ago, all six units feature renovated kitchens and bathrooms, updated cabinetry, granite countertops, and durable tile flooring throughout many of the units. The five 2-bedroom units are equipped with ducted 2-ton York rooftop heating and air conditioning systems, while the studio features a brand-new mini-split HVAC system. Additional improvements include dual-pane windows, newer screens, and upgraded sliding glass doors. The property also features five detached garages, ample on-site parking, low-maintenance desert landscaping, and separately metered gas and electric for the 2-bedroom units, helping minimize operating expenses. Ideally located just minutes from Joshua Tree National Park and the Marine Corps Air Ground Combat Center, the property continues to benefit from strong rental demand driven by military personnel, tourism, and the area’s continued growth. Interior photos are representative of the quality of renovations completed throughout the property and are provided for reference only. They do not depict any specific unit, current vacancy, or current condition. Sale of 6424 Athol Avenue includes APNs 0623-031-01-0000, 0623-031-02-0000, 0623-031-03-0000, and 0623-031-04-0000.

Property Information

Property type

Residential Income

Sub-type

Apartment

Year built

1985

Stories

1

Building area

4,600 Sq Ft

Lot size

0.55 acres

Garage spaces

5

Parking spaces

10

Days on market

108

MLS^® Listing#

OC26144553

Property Features

Cooling

Central Air · Ductless

Heating

Central · Ductless · Forced Air

Pool

None

Laundry

Common Area

Community

Suburban

Sewer

Septic Tank

Water source

Public

Parcel number

0623031040000

Directions

From Hwy 62, head north on Adobe Rd., left on Athol Ave. Property is on the right