0 Desert Tower In Ko Pah Rd Ocotillo, CA 91934
This exceptional 90-acre property in Jacumba, California, presents a truly unique investment opportunity. Priced at $1,695,000, the seller is motivated and offering financing options with a $500,000 down payment and a favorable interest-only note for 5-7 years. The centerpiece is the historic Desert View Tower, a three-story California-registered landmark built between 1922 and 1928. The tower features a ground-floor gift shop and a spiraling staircase leading to a 70-foot observation deck. Adjacent to the tower is Boulder Park, another registered landmark featuring rock caves with artwork created by Merle Ratcliff during the Great Depression. Adding to the income potential, the property also includes three small homes. Located in the In-Ko-Pah Mountains, this property is the first encountered by visitors entering Imperial County, offering significant visibility and potential for tourism. The combination of historical significance, natural beauty, and existing income streams makes this a rare and compelling investment. The property is easily accessible via Interstate 8.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.