For Sale
$575,000

61880 Verbena RdJoshua Tree, CA 92252

Prime location, updated duplex, high rental demand.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a well-maintained duplex located in the heart of Joshua Tree, California. The property, situated on a 0.32-acre lot at 61880 Verbena Rd, 92252, boasts 1,724 square feet of living space, built in 1974. Each of the two units features two bedrooms and one bathroom, complete with a one-car garage including laundry hookups. Recent upgrades include new flooring, kitchen countertops, and bathrooms, enhancing both aesthetics and functionality. Modern mini-split units provide efficient heating and air conditioning. The property benefits from a fully fenced yard and six parking spaces. Currently zoned for three units, with potential for further expansion (buyer to verify with San Bernardino County), this property offers significant upside potential. Its prime location offers easy access to the Joshua Tree Village, featuring numerous bars, cafes, restaurants, boutiques, art galleries, and a farmers market (less than a third of a mile away). Recreational amenities such as Sportsman's Park, with tennis courts, basketball courts, a skate park, and more, are also within a half-mile radius. Convenient proximity to Hi-Desert Medical Center (under 3 miles), Copper Mountain College (7 miles), and major military installations further enhances its appeal. The thriving Joshua Tree area is experiencing a surge in popularity, fueled by remote work trends and a growing demand for housing, creating a strong rental market with increasing rental rates. The property is approximately 37 miles from Palm Springs and 129 miles from Los Angeles. All inquiries regarding building codes, permitted uses, and landlord rights should be directed to San Bernardino County. This is a truly remarkable opportunity for savvy investors seeking a high-return property in a rapidly appreciating market.

Highlights

  • $575,000 asking price.
  • 1,724 square foot multifamily property (apartment building).
  • Located on a 0.32-acre lot in Joshua Tree, CA, at 61880 Verbena Rd, 92252.
  • Built in 1974, featuring 6 parking spaces.
  • Six-unit potential, currently a duplex with two 2 bed/1 bath units, each with a 1-car garage and laundry hookups. Recent updates include flooring, kitchen counters, and bathrooms. Mini-split AC/heating units.

Property Details for 61880 Verbena Rd

Property type
Apartment buildings
Square Feet
1,724 SF
Year Built
1974
Lot Size (sq. ft)
13,939 SF

Location Insight

City
Joshua Tree
County
San Bernardino
State
California
Latitude
34.1388299
Longitude
-116.313713
61880 Verbena Rd, Joshua Tree, California

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61880 Verbena Rd
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