Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    61936 El Reposo Cir Joshua Tree, CA 92252

    Sponsored
    For Sale
    $180,000

    Land/Lot - Joshua Tree, CA

    Lot size:
    26,668.00 Acres
    Days on Market:
    471
    Last Refresh:
    Jan 29 at 9:06 am

    Property Features for 61936 El Reposo Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    JT/RM
    APN
    0603121100000
    Exterior features
    Community Features Included: Biking, Blm/National Forest, Hiking
    Lot size
    26,668.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Elena Akinshina
    Elena Akinshina

    Balboa Real Estate (949) 247-8811

    Listing agent Elena Akinshina (888) 787-8808 License #01825086

    Listing date Oct 16, 2024

    MLS# OC24214372 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Joshua Tree Corner Lot Opportunity

    This large, corner lot offers 26,668 square feet of space with a view of Joshua Tree National Park. It is located three blocks from Joshua Tree Village and approximately three minutes from Joshua Tree National Park. The area features restaurants, bars, cafes, shops, and a farmers market within walking distance. Sportsman's Park, offering tennis and basketball courts as well as a skate park, is less than a mile away. The property has potential for various development options, including the possibility of building up to 8 units for use as Airbnb rentals. All utilities are available on the street, including water, gas, electric, and cable. The lot is located in Joshua Tree, CA. The lot size is approximately 0.61 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Joshua Tree
    County
    San Bernardino
    State
    California
    Longitude
    -116.3132952
    Latitude
    34.1320933

    Nearby Similar for Sale

    • $449,000
      432 SF

      Joshua Tree Dual Income Opportunity

      Two Airbnb incomes on 1.2 acres near Joshua Tree National Park.
      62177 Jericho Way, Joshua Tree, CA 92252
      View Details
    • $1,650,000
      13,451 SF

      Joshua Tree Multifamily Investment Opportunity

      24,000sf property on 1.63 acres, ideal for multifamily development.
      61850 Chollita Rd, Joshua Tree, CA 92252
      View Details
    • $350,000
      1,056 SF

      Furnished Home Near Joshua Tree

      Furnished 3-bedroom, 2-bath home near Joshua Tree National Park.
      4757 Avenida La Espana Daga, Joshua Tree, CA 92252
      View Details
    • $85,000

      Joshua Tree Manufactured Home

      Move-in ready home near Joshua Tree National Park.
      62475 29 Palms Hwy, Joshua Tree, CA 92252
      View Details
    • $59,000

      Remodeled Single Wide Mobile Home

      55+ community, 1 bed, 1 bath, remodeled mobile home.
      6426 Valley View St, Joshua Tree, CA 92252
      View Details
    • $375,000

      Joshua Tree Duplex with Garages

      Duplex in Joshua Tree Village with mountain views and garages.
      61464 Desert Air Rd, Joshua Tree, CA 92252
      View Details
    • $875,000
      7,000 SF

      Medical Building Near Hi-Desert Center

      Five-unit medical building near Hi-Desert Medical Center in Joshua Tree.
      63532 29 Palms Hwy, Joshua Tree, CA 92252
      View Details
    • $610,000

      Desert Land For Sale

      Land available in Joshua Tree, California.
      61859 Desert Air Rd, Joshua Tree, CA 92252
      View Details
    • $695,000

      Desert Land For Sale

      Joshua Tree land available for purchase.
      62147 Desert Air Rd, Joshua Tree, CA 92252
      View Details
    • $79,000

      Joshua Tree Land For Sale

      Land available in Joshua Tree, California.
      66411 Pole Line Rd, Joshua Tree, CA 92252
      View Details
    • $675,000
      2.34 Acres

      Joshua Tree Self Storage Development

      High-Demand CA Self Storage Opportunity
      62735 29 Palms Hwy, Joshua Tree, CA 92252
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large corner lot near Joshua Tree National Park. Development potential.
    Where is this residential land & home lot located?
    The property is located at 61936 El Reposo Cir Joshua Tree, CA.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: - Large corner lot (26,668 sq ft) with Joshua Tree National Park view.; - Potential to build up to 8 units, ideal for Airbnb.; - Prime location: Just 3 blocks from Joshua Tree Village (restaurants, shops, farmers market) and 3 minutes from Joshua Tree National Park.
    (949) 202-8497
    Request Owner's contact information
    61936 El Reposo Cir Joshua Tree, CA 92252
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    61936 El Reposo Cir
    Joshua Tree, CA 92252
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    61936 El Reposo Cir Joshua Tree, CA 92252
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Elena Akinshina
    Elena Akinshina
    Real Estate License ID: 01825086
    (949) 202-8497
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.