Millman Team Real Estate

$979,900
1.03 Acre Lot

6038 Bagley Avenue, 29 Palms, California 92277

  • Residential Income Property Type
  • 1947 Year Built
Property Description

***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%!!

Basic Details
Residential Income
For Sale
DW24161111
$979,900
1947
1.03 Acre
Active
1
Mixed Use
Features
: None
: Washer Hookup, Gas Dryer Hookup, Electric Dryer Hookup, See Remarks
: Public Sewer
$0
Address Map
CA
San Bernardino
29 Palms
92277
Bagley
6038
Avenue
W117° 56' 30.3''
N34° 8' 38.6''
Sun Valley Dr and Bagley Ave
699 - Not Defined
C-1
Additional Information
$0
$0
$0
$0
$0
10450
: Rural, Valley
1
: One
: Lot Over 40000 Sqft
10
2024-08-05
1050000
1
1
: Public
Broker/Agent Information
PLF Real Estate Solutions
Herbert Diaz
Listing Information
Daniel Sigala
DWSIGDAN
YPLF
PLF Real Estate Solutions
YDIAZHER
YPLF
Cash to New Loan,Submit
Active
2025-08-27T17:00:00Z
CRMLS
: Standard
2024-08-05T13:15:55Z
Agent info
Ray Millman
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