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Twentynine Palms Triplex Opportunity

6607 Palo Verde Ave, Twentynine Palms, CA 92277

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For Sale

$350,000

Income-producing triplex near Joshua Tree National Park.

Type:Investment

Property size:

2,106 SF

Lot size:

0.40 Acres

Price / SF:

$166/SF

HighLights

Income‑producing triplex with immediate cash flow from existing tenants.
Strong rental income upside potential in a growing market.
Large 17,500 sq ft lot with room for outdoor use and future development possibilities.
Convenient location near shopping, dining, casino, Marine Corps Base, and Joshua Tree National Park.
New septic system and leach field.
Multi‑unit asset opportunity in the High Desert market.

We can help!

Listing Contact

Lynee LaVoie

Learn more

For Sale

$350,000

Income-producing triplex near Joshua Tree National Park.

Type:Investment

Property size:

2,106 SF

Lot size:

0.40 Acres

Price / SF:

$166/SF

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 4:44 pm

Property Features for 6607 Palo Verde Ave

General Information

Standard status: Active
Size: 2,106 SF
Lot size: 0.40 Acres
Property subtype: Investment

Building Details

Year Built: 1985

We can help!

Listing Contact

Lynee LaVoie

Listing agent Lynee LaVoie License #02212107

Listing office Cherie Miller & Assoc

Listing date Apr 24, 2026

Source Elliman

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 Cherie Miller & Assoc

HighLights

Income‑producing triplex with immediate cash flow from existing tenants.
Strong rental income upside potential in a growing market.
Large 17,500 sq ft lot with room for outdoor use and future development possibilities.
Convenient location near shopping, dining, casino, Marine Corps Base, and Joshua Tree National Park.
New septic system and leach field.
Multi‑unit asset opportunity in the High Desert market.

Overview

This income-producing triplex, constructed in 1985, is located in Twentynine Palms. The property features approximately 2,106 square feet of living space on a 17,500 square foot lot. The triplex consists of three units, presenting an investment opportunity in a growing rental market. The current rents are $925 for Unit A, $995 for Unit B, and $914 for Unit C. Recent improvements include a new septic system and leach field. The property is being sold as-is. The spacious lot provides room for outdoor use, parking, and future development opportunities, subject to buyer investigation. The property is conveniently located near local shopping, dining, Tortoise Rock Casino, the Marine Corps Base, and the entrance to Joshua Tree National Park. This location attracts residents, visitors, and workforce demand. This property offers the opportunity to add a multi-unit asset in the High Desert market.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$32.6k	$15.48
− Vacancy	−$1.9k	−$0.91
EGI	$30.7k	$14.57
− OpEx	−$9.2k	−$4.37
NOI	$21.5k	$10.20

2,106 SF · lease $15.48/SF/yr · vacancy 5.89% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$306.8K

$268.5K – $357.9K (±1% cap)

NOI $21,476 @ 7.0% cap · market cap 6.14%

Second Best

Apartment 5plus

$266.3K

$233.1K – $310.7K (±1% cap)

NOI $18,644 @ 7.0% cap · market cap 5.33%

Theoretical Best

Office A

$444.2K

$388.7K – $518.3K (±1% cap)

NOI $31,096 @ 7.0% cap · market cap 8.88%

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

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Twentynine Palms
County: San Bernardino
State: California
Longitude: -116.0518688
Latitude: 34.133841

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For sale
Triplexes
CA
Twentynine Palms
92277
6607 Palo Verde Ave

What type of property is this?

Triplex - Income-producing triplex near Joshua Tree National Park.

Where is this triplex located?

The property is located at 6607 Palo Verde Ave Twentynine Palms, CA.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Income‑producing triplex with immediate cash flow from existing tenants.; Strong rental income upside potential in a growing market.; Large 17,500 sq ft lot with room for outdoor use and future development possibilities.