$599,000
6407 Morongo, 29 Palms CA 92277
Multi-Family (Fourplex)
Property type
17 days
On market
$333
Price per sqft
10 cars
Garage
1950
Year built
17,500 sqft
Lot size
Open Houses
Overview
**Investment Opportunity in Downtown Twentynine Palms** Rare investment opportunity featuring four units situated on an oversized commercial lot of nearly 75,500 square feet in the heart of downtown Twentynine Palms. With flexible commercial zoning and exceptional lot size, this property offers endless potential for expansion, redevelopment, mixed-use concepts, or a...
Listing provided by: Reggie McAtee DRE #01503436 760-285-8100, Libby's Realty
Listing updated: May 20, 2026 at 03:51pm.
Last checked: Jun 3, 2026 at 08:01pm
Source: CRMLS #JT26106801
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 1 | 1 | — | $715 | $715 | $850 | Unfurnished |
| 2 | 1 | 1 | — | $850 | $850 | $850 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: No
Units Leased: 4
Total Actual Rent: $3,130
Tenant Pays: Electricity
Financial Snapshot
Gross Rent Multiplier
191.4x
List Price / Annual Gross Rent
Cap Rate
0.39%
NOI / List Price
Gross Scheduled Income: $3,130
Operating Expense: $794
Net Operating Income: $2,336
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $250
Trash: $0
Water / Sewer: $330
Other Expense: $127
Interior
Cooling: Evaporative Cooling
Laundry: None
Entry Location: East
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Common Walls: One Common Wall, No One Above
Lot Features: Desert Back, Desert Front, Irregular Lot
Pool: None
Water Source: Public
Sewer: Septic Tank
Garage and Parking
Garage Spaces: 10
Parking Total: 10
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 0618011070000
Additional Parcels: No
Tax Lot: 11
Community
Senior Community: No
Community Features: Hiking, Mountainous, Near National Forest
Nearby Schools
Nearby schools around the 6407 Morongo, 29 Palms, CA 92277. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$479,200
Total Interest
$611,193
Total Payment
$1,090,393
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$3,803
per month
Property History for 6407 Morongo
29 Palms Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92277.
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