Welcome to this charming triplex located in the serene and picturesque town of 29 Palms. This excellent investment property offers a unique combination of comfortable living and great income potential with convenient access to essential amenities, schools, shopping centers, and recreational facilities. The two 2-bedroom units and the studio cater to a diverse range of tenants, increasing the rental appeal with the growing demand for rental properties in this desirable location, the triplex promises a steady and reliable rental income stream. This triplex in 29 Palms is a remarkable investment with its two well-designed 2-bedroom units and a cozy studio, all nestled in a serene and convenient location. Whether you're looking to generate rental income or find a place to call home, this property offers the best of both worlds. Don't miss out on the chance to own this gem in the heart of 29 Palms!
Sold for $304,000 on 04/19/24
Listing Provided by:
Jessica Thiele DRE #01957342 760-669-7787,
Coldwell Banker Roadrunner
Bought with: Douglas Elliman of CA, Inc.
$304,000
5527 Baileya Ave, Twentynine Palms, CA 92277
4beds
3baths
2,000sqft
Triplex
Built in 1959
-- sqft lot
$335,500 Zestimate®
$152/sqft
$1,840 Estimated rent
Home value
$335,500
$295,000 - $372,000
$1,840/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 20, 2024 at 02:45pm
Listing Provided by:
Jessica Thiele DRE #01957342 760-669-7787,
Coldwell Banker Roadrunner
Bought with:
EDUARDO AGUERO, DRE #02001481
Douglas Elliman of CA, Inc.
Source: CRMLS,MLS#: JT24052537
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 8,895 sqft
- Features: Rectangular Lot
Details
- Parcel number: 0612254070000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Community
- Community features: Rural
Location
- Region: Twentynine Palms
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Submit
Price history
| Date | Event | Price |
|---|---|---|
| 4/19/2024 | Sold | $304,000-13.1%$152/sqft |
Source:  CRMLS #JT24052537 | ||
| 3/16/2024 | Pending sale | $350,000$175/sqft |
Source: CRMLS #JT24052537 | ||
| 3/15/2024 | Listed for sale | $350,000+52.8%$175/sqft |
Source: CRMLS #JT24052537 | ||
| 10/29/2020 | Sold | $229,000-2.6%$115/sqft |
Source: Public Record | ||
| 8/14/2020 | Pending sale | $235,000$118/sqft |
Source: Golden State Prop. & Inv. #AR20110130 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,284 +25.9% | $310,080 +27.6% |
| 2024 | $3,402 +3.9% | $243,017 +2% |
| 2023 | $3,274 +2.4% | $238,252 +2% |
Find assessor info on the county website
Neighborhood: 92277
Nearby schools
GreatSchools rating
- 4/10Oasis Elementary SchoolGrades: K-6Distance: 1.8 mi
- 7/10Twentynine Palms Junior High SchoolGrades: 7-8Distance: 3.3 mi
- 6/10Twentynine Palms High SchoolGrades: 9-12Distance: 1.3 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$335,500
2% more+ $6,710
With Zillow Showcase(estimated)
$342,210