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$200,000

Beds
4
Baths
3.0
sq ft
1,637

72555 Nicolson Dr, Twentynine Palms, CA 92277

72555 Nicolson Dr

29 Palms, CA 92277

  • 10 days on market
Investor Special! 2 Homes on 1 Lot – 1.69 Acres in Town with Endless Potential! This prime investment opportunity features two homes on one lot, sitting on 1.69 acres in a great in-town location. With stunning mountain views and close proximity to all the conveniences of downtown 29 Palms, this property is ready for an investor looking to maximize returns. The main home is a 3-bedroom, 2-bathroom residence, approximately 954 sqft, while the second home is a 1-bedroom, 1-bathroom unit, approximately 683 sqft. Both homes need a full remodel, but the upside is undeniable—whether you're looking to fix and flip, create long-term rentals, or develop a short-term rental portfolio. Additionally, there is a detached garage, providing extra storage, workshop potential, or additional conversion possibilities. Why Invest in 29 Palms? Short-Term Rental Market – With the city's flexible rental regulations compared to other nearby areas, investors are capitalizing on the steady influx of visitors heading to Joshua Tree National Park. Proximity to Key Attractions – Just minutes from the park entrance, Tortoise Rock Casino, Project Phoenix downtown revitalization, and the Marine Corps Base, this location is highly desirable for both vacation and long-term tenants. Growing Economy & Infrastructure – 29 Palms continues to develop, with new businesses, hotels, and local attractions increasing property demand. With multiple income streams possible, ample space to expand, and an unbeatable location, this 2-home investment property has the potential to generate strong cash flow.

Details

Property type

Single Family Residence

Lot size

1.6988 acres

Price per sq ft

$123

Year built

1930

HOA

No

Price History

02/21/2025
CRMLS

CRMLS #JT25038374

Listed
$200,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Morongo Unified

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Status: Active

Tomo last checked: 03/03/2025 at 9:15 AM

Listing updated: 02/22/2025 at 3:34 PM

Listed by: Sean Dittmer, C & S Real Estate, Inc.

MLS: CRMLS #JT25038374

CRMLS logo