LKV Realty
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$859,900
$4,400Reward *
6038 Bagley Avenue, 29 Palms, CA 92277Listing ID DW24161111

6038 Bagley Avenue, 29 Palms, CA 92277

Active
Time on site: 738 daysLast updated: 5 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Mixed Use
Square Feet
Square Feet
10,450
Acres
Acres
1.03
Days on Site
Days on Site
735
Year Built
Year Built
1947
Stories
Stories
1

***MASSIVE PRICE REDUCTION*** NOW OFFERED AT $859,900! Exceptional investment opportunity in the heart of 29 Palms! Located at 6038 Bagley Avenue, this well-maintained 10-unit multifamily property offers an attractive combination of strong current income, unit diversity, and long-term investment potential. The property features a desirable mix of studio, one-bedroom, and two-bedroom units, with each unit individually metered for electricity, helping reduce owner-paid utility expenses and improve operating efficiency. With current gross rents of approximately $8,770 per month ($105,240 annually), this property offers compelling investment metrics at the newly reduced price, including an approximately 9.07% CAP RATE and 8.17 GRM! The property has a solid rental track record and is positioned in a growing desert community near Joshua Tree National Park, one of Southern California’s premier outdoor destinations. Whether you're looking to expand an existing multifamily portfolio or acquire a strong income-producing property, 6038 Bagley Avenue represents an opportunity to acquire 10 UNITS FOR ONLY $859,900 ***APPROXIMATELY $85,990 PER UNIT!*** Don’t miss this opportunity to acquire a cash-flowing multifamily asset at a substantially reduced price!

Property Information

Property Details

Location

Address
6038 Bagley Avenue
County
San Bernardino
City
29 Palms
Zip Code
92277
MLS Area
699 - Not Defined

Interior Features

Other Rooms

Laundry Features
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, See Remarks

Building

Building Information

Square Feet
10,450
Year Built
1947
Stories
1

Financial

Special Conditions
Standard
Herbert DiazPLF Real Estate Solutions, (562) 639-9636

Market Report for 92277

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

YDIAZHER • DWSIGDAN