$475,000
$575,000
17.4%For more information regarding the value of a property, please contact us for a free consultation.
7,046 SqFt
SOLD DATE : 08/21/2024
Key Details
Sold Price $475,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 7,046 sqft
Price per Sqft $67
MLS Listing ID JT24096747
Sold Date 08/21/24
HOA Y/N No
Year Built 1981
Lot Size 0.521 Acres
Property Description
STORAGE UNITS - 22 STORAGE UNITS TOTAL: Located in the heart of downtown Joshua Tree. Property is zoned for storage and units are permitted as storage units (buyer to investigate and confirm). Purchase includes a third vacant lot, for a total of three parcels on prestigious Park Blvd, which leads to the National Park. Purchase includes two buildings with 11 units in each building – 6 units are approximately 42’ deep by 9’ wide, and the other 5 units are approximately 20’ deep by 10’ wide. Second building has same configuration for a Total of 22-Storgage Units. Property has deferred maintenance and needs updating. For example, new security doors for each unit and interior drywall would vastly improve condition. Regardless of ROI, it would be difficult to impossible to find land zoned for storage units in popular Joshua Tree and then build 22-units of this size for the price this property is being sold for. To upgrade property and add more storage units without constructing more buildings, Buyer could possibly split the six approximately 42’ deep by 9’ wide units located in the building to the north by adding doors on the northside of the north building, opening onto the additional third vacant lot, to create twelve approximately 21’ deep by 9’ wide units (in place of the existing 42’ deep by 9’ wide units), thereby adding another 6-units for a total of 28-units. There is an electric meter behind the southern building. Note: Green lines demarcating boundaries in pictures are approximate. Buyer to complete their own Due Diligence regarding condition of buildings, permits and permits needed to create additional units. CASH ONLY. NO SELLER CARRY. NO CREATIVE FINANCING. CASH ONLY.
Location
State CA
County San Bernardino
Area Dc621 - Old Town West
Zoning JT/IC
Interior
Interior Features Workshop
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Urban
Utilities Available Sewer Not Available
View Y/N Yes
View Desert, Mountain(s)
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer None
Water Public
Level or Stories One
New Construction No
Schools
School District Morongo Unified
Others
Senior Community No
Tax ID 0603224190000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Bryan Wynwood • Joshua Tree Modern
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA