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73615 Sun Valley Drive

29 Palms, CA 92277
  • $530,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: JT26094771
$530,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1976
County:

School Ratings & Info

Listing Agent(s): Reggie Mcatee of Libby's Realty (760-367-9521)


Description

This 4-plex investment property offers a strong opportunity for both immediate rental income and long-term value growth. Each unit features 2 bedrooms and 1 bathroom, with a spacious, open floor plan designed for comfortable, modern living.The front two units have been recently renovated and are ready for new tenants, while the remaining units provide potential for upgrades and increased rental returns. Each unit is equipped with its own air conditioning system and swamp cooler, allowing residents to customize their comfort year-round.Centrally located, the property provides convenient access to local amenities, schools, shopping centers, and public transportation. On-site parking is available for residents.Whether you're looking to expand your portfolio or invest in a property with value-add potential, this 4-plex presents an excellent opportunity to renovate, increase rents, and maximize returns.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-19T00:28:22.46. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/176019485
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73615 Sun Valley Drive 29 Palms, CA 92277

  • Price: $530,000
  • Status: Active
  • On Site: 17 Days
  • ID#: JT26094771
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1976
Built
Neighborhood:
DC727 - Adobe
County:
San Bernardino
Area:
DC727 - Adobe
Property Description
This 4-plex investment property offers a strong opportunity for both immediate rental income and long-term value growth. Each unit features 2 bedrooms and 1 bathroom, with a spacious, open floor plan designed for comfortable, modern living.The front two units have been recently renovated and are ready for new tenants, while the remaining units provide potential for upgrades and increased rental returns. Each unit is equipped with its own air conditioning system and swamp cooler, allowing residents to customize their comfort year-round.Centrally located, the property provides convenient access to local amenities, schools, shopping centers, and public transportation. On-site parking is available for residents.Whether you're looking to expand your portfolio or invest in a property with value-add potential, this 4-plex presents an excellent opportunity to renovate, increase rents, and maximize returns.
Exterior Features

Architectural Style Ranch Carport Spaces 4 Carport YN Yes Construction Materials FrameStucco Entry Level 1 Entry Location back door Fencing None Foundation Details Slab Lot Features Desert BackDesert Front Number Of Separate Electric Meters 4 Parking Features Attached CarportCarport Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Shingle Spa Features None Spa YN No View DesertHills View YN Yes

Interior Features

Appliances Gas Oven Common Walls 2+ Common Walls Cooling Central AirDualEvaporative Cooling Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminate Heating CentralForced Air Heating YN Yes Interior Features Tile Counters

Property Features

Additional Parcels YN No Cap Rate 6.4 Common Interest None Community Features Rural Disclosures Rent Control Garage YN No Gross Income 18000 Gross Scheduled Income 46200 Insurance Expense 3000 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 33500 New Construction YN No New Taxes Expense 7000 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 15500 Possession Close Of Escrow Property Condition FixerRepairs Cosmetic Property Sub Type Quadruplex Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Septic Tank Special Listing Conditions Trust Tenant Pays Cable TVElectricityGas Total Actual Rent 3900 Trash Expense 4000 Utilities Electricity AvailableNatural Gas AvailableWater Available Water Sewer Expense 1500 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-19T00:28:22.46. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Reggie Mcatee of Libby's Realty (760-367-9521)