Active

62044 Chollita Road

Joshua Tree CA, 92252

$2,100,000


Active

Residential

Built in 1960

Listed by Serena Leiterman with Equity Union (951) 623-9442

Incredible investment opportunity to acquire a turn-key, fully furnished 9-unit multifamily complex with SHORT-TERM RENTAL potential, ideally suited for a 1031 exchange. Ideally located on a 1.33 acre lot in the vibrant heart of downtown Joshua Tree, this meticulously maintained property features recently renovated interiors. It is just a few minutes from local retail and close to the Joshua Tree National Park Visitor Center and weekly farmers market. The complex offers ample space for potential future development on its excess land (buyer to verify with appropriate authorities). On-site amenities include an office with an attached staging room for cleaners, laundry facilities, a storage shed, EV charging, and parking spots. Several units have private patios, large enough for jacuzzi installations, and all units feature living rooms and full kitchens, making them ideal for both long-term and short-term rentals. The property consists of nine units: six 1-bedroom/1-bathroom units, one 2-bedroom/1-bathroom unit, and two 3-bedroom/2-bathroom units. It currently holds a motel license and health permit, allowing for short-term rentals.

219117081DA

MLS ID

September 21, 2024

Listed

February 12, 2025

Updated

Interior Features

Total Stories

1


Floor Description

Concrete


Fireplace

Yes


Fireplace Description

Living Room, Wood Burning


Cooling

Yes


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

1.33 Acres

Other Property Details

Area Name

DC621 - Old Town West


Days on Market

117


Garage

Yes


Garage Spaces

4


Parking

Other


Parking Total

30


View

Yes


View Description

Desert, Mountain(s)


County

San Bernardino


Pool

No

Listing History

Date

Event

Price

1/16/2025

Active

12/11/2024

Under contract

11/7/2024

Price change

$2,100,000

-16%

Listing Contact: (760) 621-0395 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/12/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/12/2025 at 6:57 PM UTC

 

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