Furnished Duplex Near
For Sale
$244,999
Pending
73514 Desert Trail Dr, Twentynine Palms, CA 92277
Fully furnished duplex near downtown, leased for immediate income.
Property Size1,056 SF
Lot Size0.37 Acres
Days on Market277
Property Features for 73514 Desert Trail Dr
General Information
Standard status
Pending
Size
1,056 SF
Lot size
0.37 Acres
Property subtype
Other
Building Details
Building Size
1,056 SF
Year Built
1944
Stories
1
Units
2
Listing Agency:
(626) 590-1545
Listed By:
MARISOL GUTIERREZ
(626) 590-1545
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Jul 23 at 11:35AM
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 MARISOL GUTIERREZ
Investment Insights
Based on property information with market context.
This is a fully furnished, single-story duplex featuring one bedroom and one bathroom in each unit. The duplex has no common walls, and includes an adjoining shared carport. Each unit is equipped with separate water heaters and appliances. Comfort is ensured year-round with two wall units in each unit, located in the living room and bedroom. The roof, AC units, flooring, and cabinets are all in superb condition. A washer and dryer are located in the carport. Both units are clean, meticulously maintained, and in excellent condition, offering modern living spaces. Both units are currently leased. The property is centrally located near downtown, close to the Marine Corps Base, and Joshua Tree National Park. This presents a rental income opportunity while enjoying the benefits of homeownership.
Key Highlights
- Fully furnished duplex with no shared walls, offering privacy and immediate rental income potential.
- Both units are currently leased, providing immediate cash flow.
- Meticulously maintained and in excellent condition with modern living spaces.
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
$10,769
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
4.40%
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%
$215,380
$215.4K
Cap Rate 7%
$153,843
$153.8K
Cap Rate 9%
$119,656
$119.7K
Market Conditions
NOI Build-Up for 1,056 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
$16.3K $15.48/SF
− Vacancy
−$963 −$0.91/SF
EGI
$15.4K $14.57/SF
− OpEx
−$4.6K −$4.37/SF
NOI
$10.8K $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%
$215,380
Cap Rate 7%
$153,843
Cap Rate 9%
$119,656
Alternative Uses
Best Use
Multifamily LT 5
$153.8K
$134.6K – $179.5K
NOI $10,769 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$133.6K
$116.9K – $155.8K
NOI $9,349 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$222.7K
$194.9K – $259.9K
NOI $15,592 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Fully furnished duplex near downtown, leased for immediate income.
Where is this duplex located?
The property is located at 73514 Desert Trail Dr Twentynine Palms, CA.
What is the asking price?
The asking price for this property is $244,999.
What are key features of this property?
This property features: Fully furnished duplex with no shared walls, offering privacy and immediate rental income potential.; Both units are currently leased, providing immediate cash flow.; Meticulously maintained and in excellent condition with modern living spaces.
