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Quadplex with Renovated Units
For Sale
$499,000

73615 Sun Valley Dr, Twentynine Palms, CA 92277

Two front units have been recently renovated and are ready for new tenants.

Property Size3,172 SF
Days on Market159
Rey
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Property Features for 73615 Sun Valley Dr

General Information

Standard status Active
Size 3,172 SF
Property subtype Investment

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Public Transit Yes

Building Details

Building Size 3,172 SF
Year Built 1976
Buildings 1
Stories 1
Units 4
Listing Agency: Libby's Realty
Listed By: Reggie McAtee · License #01503436
Source: Elliman
Added: May 10 Changed: Oct 12 Last Checked: Oct 14 at 11:55PM

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 Libby's Realty

Investment Insights

Based on property information with market context.

Built in 1976, this quadplex contains four residential units, each arranged with two bedrooms, one bathroom, and an open floor plan. The two front residences have undergone recent renovation and are ready for occupancy, while the other units offer additional scope for upgrades. Individual air conditioning systems and swamp coolers serve each unit, giving residents separate temperature-control options. On-site parking is available for residents.

The property is located at 73615 Sun Valley Dr in Twentynine Palms, with access to local amenities, schools, shopping centers, and public transportation. WalkScore is 24, classified as Car-Dependent, and BikeScore is 30, classified as Somewhat Bikeable.

Key Highlights

  • Four‑unit quadplex with 2 bedrooms and 1 bathroom per unit
  • Front two units recently renovated and ready for new tenants
  • Each unit has its own air conditioning system and swamp cooler

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,347
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,940 $646.9K
Cap Rate 7%
$462,100 $462.1K
Cap Rate 9%
$359,411 $359.4K
Market Conditions
NOI Build-Up for 3,172 SF
Gross rent
$49.1K $15.48/SF
− Vacancy
−$2.9K −$0.91/SF
EGI
$46.2K $14.57/SF
− OpEx
−$13.9K −$4.37/SF
NOI
$32.3K $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%
$646,940
Cap Rate 7%
$462,100
Cap Rate 9%
$359,411

Alternative Uses

Best Use
Multifamily LT 5
$462.1K
$404.3K – $539.1K (±1% cap)
NOI $32,347 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$401.2K
$351.0K – $468.0K (±1% cap)
NOI $28,081 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$669.1K
$585.5K – $780.6K (±1% cap)
NOI $46,836 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Building Supply Pharmacy Electrical Service Kitchen & Bath Showroom Dental Office

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

306
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

Frequently Asked Questions

What type of property is this?
Quadplex - Two front units have been recently renovated and are ready for new tenants.
Where is this quadplex located?
The property is located at 73615 Sun Valley Dr Twentynine Palms, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Four‑unit quadplex with 2 bedrooms and 1 bathroom per unit; Front two units recently renovated and ready for new tenants; Each unit has its own air conditioning system and swamp cooler
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