$979,900
-$70,1006038 Bagley Avenue, 29 Palms CA 92277
Multi-Family (10 Units)
Property type
669 days
On market
$94
Price per sqft
0 cars
Garage
1947
Year built
44,866 sqft
Lot size
Open Houses
Overview
***MASSIVE PRICE REDUCTION***Welcome to a lucrative investment opportunity nestled in the heart of 29 Palms. This multi-unit property, located at 6038 Bagley Avenue, boasts 10 spacious and well-maintained units, offering a blend of comfort and convenience. This property is an ideal addition to any investment portfolio, offering a winning combination of current income and...
Listing provided by: Herbert Diaz DRE #01458024, PLF Real Estate Solutions, Daniel Sigala DRE #02179798 323-974-3172, PLF Real Estate Solutions
Listing updated: Aug 27, 2025 at 05:00pm.
Last checked: Jun 5, 2026 at 05:00am
Source: CRMLS #DW24161111
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 5 | 1 | 1 | — | $3,590 | $43,080 | $4,500 | Unfurnished |
| 4 | 2 | 1 | — | $3,750 | $45,000 | $3,900 | Unfurnished |
| 1 | 0 | 1 | — | $700 | $8,400 | $800 | Unfurnished |
# of Buildings: 10
# of Units Total: 10
Separate Electric Meters: 10
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
9.8x
List Price / Annual Gross Rent
Cap Rate
7.42%
NOI / List Price
Gross Scheduled Income: $99,960
Operating Expense: $27,219
Net Operating Income: $72,741
Annual Operating Expenses
Electric: $0
Fuel: $2,700
Insurance: $5,009
New Taxes: $12,250
Professional Management: $0
Trash: $2,640
Water / Sewer: $4,620
Interior
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Common Walls: Two Common Walls Or More
Lot Features: Lot Over40000 Sqft
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 12
Parking Total: 12
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 0618282100000
Additional Parcels: No
Tax Lot: 13
Zoning: C-1
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Rural, Valley
Nearby Schools
Nearby schools around the 6038 Bagley Avenue, 29 Palms, CA 92277. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$783,920
Total Interest
$999,847
Total Payment
$1,783,767
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,126
per month
Property History for 6038 Bagley Avenue
29 Palms Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92277.
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