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Property profile & analytics
FOR SALE
Commercial real estate

61880 Verbena Rd Joshua Tree, CA 92252

1,724 SF 0.32 ac lot Built 1974
Property ID
US10-1402176
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-maintained duplex located in the heart of Joshua Tree, California. The property, situated on a 0.32-acre lot at 61880 Verbena Rd, 92252, boasts 1,724 square feet of living space, built in 1974. Each of the two units features two bedrooms and one bathroom, complete with a one-car garage including laundry hookups. Recent upgrades include new flooring, kitchen countertops, and bathrooms, enhancing both aesthetics and functionality. Modern mini-split units provide efficient heating and air conditioning. The property benefits from a fully fenced yard and six parking spaces. Currently zoned for three units, with potential for further expansion (buyer to verify with San Bernardino County), this property offers significant upside potential. Its prime location offers easy access to the Joshua Tree Village, featuring numerous bars, cafes, restaurants, boutiques, art galleries, and a farmers market (less than a third of a mile away). Recreational amenities such as Sportsman's Park, with tennis courts, basketball courts, a skate park, and more, are also within a half-mile radius. Convenient proximity to Hi-Desert Medical Center (under 3 miles), Copper Mountain College (7 miles), and major military installations further enhances its appeal. The thriving Joshua Tree area is experiencing a surge in popularity, fueled by remote work trends and a growing demand for housing, creating a strong rental market with increasing rental rates. The property is approximately 37 miles from Palm Springs and 129 miles from Los Angeles. All inquiries regarding building codes, permitted uses, and landlord rights should be directed to San Bernardino County. This is a truly remarkable opportunity for savvy investors seeking a high-return property in a rapidly appreciating market.

Property profile
Verified
Property type Commercial real estate
Year built 1974
Total area 1,724 SF
Lot 0.32 ac (13,939 SF)
UPID US10-1402176
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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