$550,000
6598 Oasis Avenue, 29 Palms CA 92277
Multi-Family (7 Units)
Property type
2 days
On market
$130
Price per sqft
0 cars
Garage
1947
Year built
28,800 sqft
Lot size
Open Houses
Overview
Excellent investment opportunity! This well-maintained 7-unit multifamily property features seven 1-bedroom, 1-bathroom units, each equipped with washer and dryer hookups for added tenant convenience. The property includes solar panels that generate electricity for all units, helping to reduce operating expenses and enhance overall efficiency. Ideal for both seasoned and...
Listing provided by: Tomasa Flores DRE #01938135 714-365-2021, Quando Realty, Inc.
Listing updated: Jun 3, 2026 at 09:13pm.
Last checked: Jun 3, 2026 at 09:30pm
Source: CRMLS #DW26119198
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $860 | $860 | $900 | Unfurnished |
| 1 | 1 | 1 | — | $618 | $618 | $700 | Unfurnished |
| 1 | 1 | 1 | — | $775 | $775 | $800 | Unfurnished |
| 1 | 1 | 1 | — | $833 | $833 | $850 | Unfurnished |
| 1 | 1 | 1 | — | $833 | $833 | $850 | Unfurnished |
| 1 | 1 | 1 | — | $833 | $833 | $850 | Unfurnished |
| 1 | 1 | 1 | — | $775 | $775 | $800 | Unfurnished |
# of Buildings: 1
# of Units Total: 7
Separate Electric Meters: 7
Separate Gas Meters: 1
Separate Water Meters: 7
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
8.3x
List Price / Annual Gross Rent
Cap Rate
10.42%
NOI / List Price
Gross Scheduled Income: $66,330
Operating Expense: $9,147
Net Operating Income: $57,283
Annual Operating Expenses
Electric: $0
Fuel: $430
Insurance: $6,240
Professional Management: $0
Trash: $1,564
Water / Sewer: $913
Interior
Cooling: Wall Window Units
Laundry: Washer Hookup, Gas Dryer Hookup
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Common Walls: Two Common Walls Or More
Lot Features: Eleven To Fifteen Units Acre
Pool: None
Water Source: Public
Sewer: Septic Type Unknown
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 0617102010000
Additional Parcels: No
Tax Lot: 34
Community
Senior Community: No
Community Features: Street Lights
Nearby Schools
Nearby schools around the 6598 Oasis Avenue, 29 Palms, CA 92277. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$440,000
Total Interest
$561,196
Total Payment
$1,001,196
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$3,504
per month
Property History for 6598 Oasis Avenue
29 Palms Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92277.
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