Remodeled Duplex in Joshua
61786 Desert Air Rd Joshua Tree, CA 92252
61786 Desert Air Rd, Joshua Tree, CA, 92252
$625,000
For Sale
$625,000
Turnkey duplex near Joshua Tree National Park entrance.
Property Size2,240 SF
Price / SF$279.02
Days on Market90
Property Features for 61786 Desert Air Rd
General Information
- Standard status
- Active
- Size
- 2,240 SF
- Property subtype
- Investment
Building Details
- Year Built
- 2008
Listing agency
Sharon Rose Realty, Inc.
(310) 717-5047
Listed by
Faisal Alserri · License #02053133
(310) 717-5047
Source
Elliman
Added: Apr 24 Updated: Jul 10 at 1:20PM Checked: Jul 21 at 1:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sharon Rose Realty, Inc.
Investment Insights
Based on property information with market context.
This substantially remodeled duplex is located in the heart of Joshua Tree Village. The property has a short-term Airbnb rental permit. Each turnkey unit features 1,120 square feet, 2 bedrooms, 2 full bathrooms, and an attached 1-car garage. The downstairs unit includes vinyl flooring and modern finishes. The kitchen is equipped with white shaker-style cabinets, quartz countertops, and stainless steel appliances, and provides access to the private indoor laundry area. The full guest bathroom has a single sink vanity and a walk-in shower with glass doors. The primary bedroom also features vinyl flooring, a ceiling fan, and an en suite bathroom with a single sink vanity and a walk-in shower. The upstairs unit mirrors the floor plan of the downstairs unit with similar finishes. The large yard includes two separate picnic areas, one with a pergola, low-maintenance gravel, and views. The property is in close proximity to restaurants, boutiques, a farmers market, and the main entrance to Joshua Tree National Park, making it suitable for short-term rentals. The bike score is 22, indicating it is somewhat bikeable, and the walk score is 46, indicating it is car-dependent.
Key Highlights
- Short term Airbnb rental permit on property
- Prime location in the heart of Joshua Tree Village, close to restaurants, boutiques, farmers market and Joshua Tree National Park entrance
- Substantially remodeled duplex with two turnkey units, each featuring 2 bedrooms and 2 full bathrooms
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.7k | $15.48 |
| − Vacancy | −$2.0k | −$0.91 |
| EGI | $32.6k | $14.57 |
| − OpEx | −$9.8k | −$4.37 |
| NOI | $22.8k | $10.20 |
2,240 SF · lease $15.48/SF/yr · vacancy 5.89% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$326.3K
$285.5K – $380.7K
NOI $22,843 @ 7.0% cap · market cap 3.65%
Second Best
Apartment 5plus
$283.3K
$247.9K – $330.5K
NOI $19,830 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$472.5K
$413.4K – $551.3K
NOI $33,075 @ 7.0% cap · market cap 5.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Turnkey duplex near Joshua Tree National Park entrance.
Where is this duplex located?
The property is located at 61786 Desert Air Rd Joshua Tree, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Short term Airbnb rental permit on property; Prime location in the heart of Joshua Tree Village, close to restaurants, boutiques, farmers market and Joshua Tree National Park entrance; Substantially remodeled duplex with two turnkey units, each featuring 2 bedrooms and 2 full bathrooms
