$530,000
73615 Sun Valley Drive, 29 Palms CA 92277
Multi-Family (Fourplex)
Property type
35 days
On market
$167
Price per sqft
0 cars
Garage
1976
Year built
12,000 sqft
Lot size
Home highlights
Open Houses
Overview
This 4-plex investment property offers a strong opportunity for both immediate rental income and long-term value growth. Each unit features 2 bedrooms and 1 bathroom, with a spacious, open floor plan designed for comfortable, modern living. The front two units have been recently renovated and are ready for new tenants, while the remaining units provide potential for...
Listing provided by: Reggie McAtee DRE #01503436 760-285-8100, Libby's Realty
Listing updated: May 7, 2026 at 01:28pm.
Last checked: Jun 4, 2026 at 12:00pm
Source: CRMLS #JT26094771
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $815 | $815 | $1,200 | Unfurnished |
| 1 | 2 | 1 | — | $1,150 | $1,150 | $1,200 | Unfurnished |
| 1 | 2 | 1 | — | $1,150 | $1,150 | $1,200 | Unfurnished |
| 1 | 2 | 1 | — | $896 | $896 | $1,200 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Carpet: 4
Rent Control: Yes
Units Leased: 2
Total Actual Rent: $3,900
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
11.5x
List Price / Annual Gross Rent
Cap Rate
6.4%
NOI / List Price
Gross Scheduled Income: $46,200
Operating Expense: $15,500
Net Operating Income: $33,500
Annual Operating Expenses
Insurance: $3,000
New Taxes: $7,000
Trash: $4,000
Water / Sewer: $1,500
Interior
Interior Features: Tile Counters
Room Type: Kitchen
Flooring: Carpet, Laminate
Cooling: Central Air, Dual, Evaporative Cooling
Heating: Central, Forced Air
Appliances: Gas Oven
Fireplace: None
Laundry: None
Entry Location: Back Door
Exterior
Architectural Style: Ranch
Property Attached: Yes
Stories Total: 1
Roof: Shingle
Foundation: Slab
Construction Materials: Frame, Stucco
Property Condition: Fixer, Repairs Cosmetic
Common Walls: Two Common Walls Or More
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Desert Back, Desert Front
Pool: None
Spa: None
Fencing: None
Water Source: Public
Sewer: Septic Tank
Utilities: Electricity Available, Natural Gas Available, Water Available
View: Desert, Hills
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Attached Carport, Carport
Garage Spaces: 0
Carport Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 0618292050000
Additional Parcels: No
Tax Lot: 5
Community
Senior Community: No
Community Features: Rural
Nearby Schools
Nearby schools around the 73615 Sun Valley Drive, 29 Palms, CA 92277. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$424,000
Total Interest
$540,789
Total Payment
$964,789
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$3,382
per month
Property History for 73615 Sun Valley Drive
29 Palms Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92277.
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