SELLER WILL FINANCE. Prime investment opportunity in the heart of Joshua Tree! This unique property features FIVE freestanding buildings with a total of 24,000sf of livable space, set on a sprawling 1.63 acre lot. Originally built in 1988 as a retirement home, the property is zoned JT/RM, making it perfect for repositioning into a 32-unit multifamily apartment building with a pool. All structures are intact, offering an efficient and cost-effective development process without the need for ground-up construction. Pre-planning comments for 32-unit development are already in hand, streamlining the path to realization. Whether you are looking to create a rehab facility, retreat center, or a lucrative apartment complex, this property offers endless possibilities. Centrally located in Joshua Tree, just one block away from all the shops and restaurants and a five minute drive to the National Park.
For sale
Price cut: $400K (11/30)
$1,650,000
61850 Chollita Rd, Joshua Tree, CA 92252
17beds
0baths
13,451sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
Five freestanding buildings
- 94 days |
- 294 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: November 30, 2025 at 04:41am
Listed by:
Shawn S. Kormondy DRE # 01451888 323-638-7567,
Keller Williams Beverly Hills 310-432-6400
Source: CLAW,MLS#: 25589287
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 0
Heating
- None
Cooling
- None
Appliances
- Included: No Cooking Appliances, No Water Heater
- Laundry: None
Features
- None
- Flooring: Cement
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 13,451
- Total interior livable area: 13,451 sqft
Property
Parking
- Parking features: Gated, On Site, Parking Space, Private, Unassigned
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Pool features: None
- Spa features: Indoor, In Ground
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s), Desert
- Waterfront features: None
Lot
- Size: 1.63 Acres
- Dimensions: 420 x 170
- Features: Redevelopment Area, Corner Lot
Details
- Additional structures: None
- Has additional parcels: Yes
- Zoning: JT/RM
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Condition
- Fixer,Repairs Major
- Year built: 1964
Utilities & green energy
- Sewer: Septic Tank
- Water: District
Community & HOA
Location
- Region: Joshua Tree
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $2,026,230
- Date on market: 9/8/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,080/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/30/2025 | Price change | $1,650,000-19.5%$123/sqft |
Source:  CLAW #25589287 Report a problem | ||
| 9/8/2025 | Listed for sale | $2,050,000$152/sqft |
Source: CLAW #25589287 Report a problem | ||
| 9/8/2025 | Listing removed | $2,050,000$152/sqft |
Source: CLAW #25-480209 Report a problem | ||
| 1/13/2025 | Listed for sale | $2,050,000$152/sqft |
Source: CLAW #25-480209 Report a problem | ||
| 8/2/2024 | Listing removed | $2,050,000$152/sqft |
Source: CLAW #24-345117 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$10,313/mo
Principal & interest
$8168
Property taxes
$1567
Home insurance
$578
Climate risks
Neighborhood: 92252
Nearby schools
GreatSchools rating
- 5/10Joshua Tree Elementary SchoolGrades: K-6Distance: 1.8 mi
- 5/10La Contenta Middle SchoolGrades: 7-8Distance: 3.4 mi
- 4/10Yucca Valley High SchoolGrades: 9-12Distance: 6.5 mi
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