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Upgraded Duplex with Private Yards
For Sale
Under Contract
$319,000

6010 Ocotillo Avenue, 29 Palms, CA 92277

Residential Income, 29 Palms, CA

Property Size2,401 SF
Lot Size0.19 Acres
Price / SF$132.86
Days on Market34

Property Features for 6010 Ocotillo Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4
Parking 6
Parking features Assigned, Carport, Covered
Fireplace 1
Lot features Back Yard, Front Yard, Corner Lot, Back Yard, Front Yard, Corner Lot
Subdivision DC726 - Four Corners
Standard status Active Under Contract
APN 0623081130000
Size 2,401 SF
Lot size 0.19 Acres

Utilities

Sewer type Septic Tank
Heating system Forced Air
Cooling system Evaporative Cooling

Amenities

fireplace
laundry room
fenced backyards
covered carport
storage closets

Building Details

Year built 1979
Floors in Building 1
Number of units 2
Architectural style Modern
Listing Agency: Equity Union
Listed By: Laura M Clark
Added: Sep 4 Changed: Oct 3 Last Checked: Oct 7 at 7:06PM
MLS# 219152320

Copyright © 2026 California Desert Association of REALTORS®. 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 modern-style duplex, built in 1979, contains two separate residences totaling 2,401 square feet. Each unit has two conventional bedrooms, a flexible third room, one bathroom, a fireplace, a dedicated laundry room, and a private fenced backyard. Shared improvements include a covered carport and individual storage closets. The property is served by forced-air heating, evaporative cooling, and a septic tank system.

Recent work includes an approximately two-year-old roof, updated interior and exterior paint, new lighting, additional electrical outlets and GFCI receptacles, refreshed door hardware, copper interior plumbing, and improved insulation. Both residences include gas ranges, while the evaporative coolers were replaced approximately two years ago. Located in 29 Palms, the duplex is approximately five minutes from the front gate of the Marine Corps Air Ground Combat Center and minutes from downtown.

Key Highlights

  • Two‑unit duplex with 2,401 square feet of total property size
  • Each residence includes 2 bedrooms plus a flexible third room and 1 bathroom
  • Two separate addresses with private, fully fenced backyards

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,485
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,700 $489.7K
Cap Rate 7%
$349,786 $349.8K
Cap Rate 9%
$272,056 $272.1K
Market Conditions
NOI Build-Up for 2,401 SF
Gross rent
$37.2K $15.48/SF
− Vacancy
−$2.2K −$0.91/SF
EGI
$35.0K $14.57/SF
− OpEx
−$10.5K −$4.37/SF
NOI
$24.5K $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 Rate 5%
$489,700
Cap Rate 7%
$349,786
Cap Rate 9%
$272,056

Alternative Uses

Best Use
Multifamily LT 5
$349.8K
$306.1K – $408.1K (±1% cap)
NOI $24,485 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$303.7K
$265.7K – $354.3K (±1% cap)
NOI $21,256 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$506.5K
$443.2K – $590.9K (±1% cap)
NOI $35,452 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Building Supply Pharmacy Electrical Service Kitchen & Bath Showroom Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

310
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with separate addresses, fenced outdoor space, covered parking, and flexible third rooms in each residence.
Where is this duplex located?
The property is located at 6010 Ocotillo Avenue 29 Palms, CA.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,401 square feet of total property size; Each residence includes 2 bedrooms plus a flexible third room and 1 bathroom; Two separate addresses with private, fully fenced backyards
More about this property
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