Home For Sale In Twentynine Palms, California

house for sale

Listed: 04/25/24

6563 Oasis Ave, Twentynine Palms, California, 92277

18 Bed:

33 Bath:

2,960 Sq Ft Living Area:

Save

Price

$ 1,1M

Show 6 more

About This House

6563 Oasis Ave is a fully rebuilt multifamily asset in Twentynine Palms, California. The property has undergone extensive capital improvements in the last 18 months, including all new plumbing, full electrical, roofs, windows, HVAC,quartz countertops, vinyl flooring, cabinetry, fencing, landscaping, stucco, and paint. This turnkey investment property produces an above-market in-place cap rate of 7.50% and a proforma cap rate of 8.40%. The property consists of (4) Studios, (4) One bedrooms , and (1) Two bedroom / One bath unit. With its highly qualified and stable U.S. Military tenant base, this asset is sure to generate superior returns to market rate t-bills and bonds. In addition to the strong cash flow, investors will also benefit from the various tax benefits … Full description

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Original listing

Twentynine Palms Housing & Living

Average sale prices for houses

2 bed

3 bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$237,100 (-5.1%)
May 2024	$249,915 (-29.6%)
Apr 2024	$355,241 (0%)
Mar 2024	$355,241 (0%)
Feb 2024	$355,241 (0%)
Jan 2024	$355,241 (+8.8%)

In June 2024, the asking price for 2 bed houses for sale in/near Twentynine Palms, United States averaged $237,100, a decrease of 5.1% from the previous month.

Median price trends for properties for sale in Twentynine Palms, United States as of June 2024.

Household Income

Median household income: $41,509

Number of households: 8,266

The average household income in Twentynine Palms, CA grew from $40,888 to $41,509 in the past year. This data is an estimate based upon 8,266 households in Twentynine Palms, CA.
The chart below presents how household income is distributed in Twentynine Palms, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Twentynine Palms, CA compared to median property taxes around the country. The prevalent amount of property taxes in Twentynine Palms, CA equals $800-$1,500 , which is more than the national average.