Duplex on Corner
For Sale
$299,000
5778 Bagley, 29 Palms, CA 92277
MULTI_FAMILY - 29 Palms, CA
Property Size1,341 SF
Lot Size0.54 Acres
Price / SF$222.97
Days on Market66
Property Features for 5778 Bagley
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Laundry Room, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Kitchen
Fireplace
1
Lot features
2-5 Units/ Acre
View
Desert
Elementary school district
Morongo Unified
Middle school district
Morongo Unified
High school district
Morongo Unified
Directions
Adobe Rd. to Desert Trail, Left on Bagley
Subdivision
DC726 - Four Corners
Standard status
Active
APN
0618345010000
Size
1,341 SF
Lot size
0.54 Acres
Utilities
Sewer type
Unknown
Cooling system
Ductless
Water source
Public
Amenities
laundry rooms
Building Details
Year built
1942
Floors in Building
1
Number of units
2
Listing Agency:
America's Choice Real Estate
(951) 332-9400
Listed By:
Sandra Claus · License #01464520
(951) 332-9400
Added: Jun 16
Changed: Aug 18
Last Checked: Aug 20 at 10:06AM
MLS# JT26133002
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex on a corner lot offers two separate units with their own laundry rooms. Built in 1942, the property totals approximately 1,341 square feet and includes a combined configuration of 3 bedrooms and 2 bathrooms across both units. One unit includes a fenced yard, providing an outdoor space with added privacy.
The home is located at 5778 Bagley in Twentynine Palms within San Bernardino County, CA. Cooling is provided by ductless systems, and the property includes a fireplace. Water service is public.
Additional interior space is arranged around bedrooms, kitchens, and laundry rooms, supporting flexible occupancy for either an owner-occupant or rental setup.
The home is located at 5778 Bagley in Twentynine Palms within San Bernardino County, CA. Cooling is provided by ductless systems, and the property includes a fireplace. Water service is public.
Additional interior space is arranged around bedrooms, kitchens, and laundry rooms, supporting flexible occupancy for either an owner-occupant or rental setup.
Key Highlights
- 0.536‑acre corner lot duplex with two separate units
- Built in 1942; approximately 1,341 SF total
- Combined 3 bedrooms and 2 bathrooms across both units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,675
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$273,500
$273.5K
Cap Rate 7%
$195,357
$195.4K
Cap Rate 9%
$151,944
$151.9K
Market Conditions
NOI Build-Up for 1,341 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$20.8K $15.48/SF
− Vacancy
−$1.2K −$0.91/SF
EGI
$19.5K $14.57/SF
− OpEx
−$5.9K −$4.37/SF
NOI
$13.7K $10.20/SF
Area
San Bernardino County, CA
Vacancy
5.89%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$273,500
Cap Rate 7%
$195,357
Cap Rate 9%
$151,944
Alternative Uses
Best Use
Multifamily LT 5
$195.4K
$170.9K – $227.9K
NOI $13,675 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$169.6K
$148.4K – $197.9K
NOI $11,872 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$282.9K
$247.5K – $330.0K
NOI $19,800 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 92277, CA
23,988
Population
13,657
Households
1.8
Avg Household Size
30
Median Age
25%
College-Educated
93%
High-School Grad
1,599.1 sq mi
ZIP Area
15
Density / Sq Mi
$55,515
Median Household Income
$40,928
Median Earnings
$1,267
Median Rent
$224,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two units and separate laundry rooms on a corner lot with a fenced yard.
Where is this duplex located?
The property is located at 5778 Bagley 29 Palms, CA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 0.536‑acre corner lot duplex with two separate units; Built in 1942; approximately 1,341 SF total; Combined 3 bedrooms and 2 bathrooms across both units
