6038 Bagley Avenue

Property Overview

***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!

Home Details

Property type: Residential Income - Mixed Use
Year built: 1947
Lot size: 1.03 acres
Parking: 12 spaces
Stories: 1
Days on market: 730
MLS status: Active
Zoning: C-1

Features & Amenities

Pool

None

Lot

Lot Over40000Sqft

Community, Schools & Utilities

Utilities

Water: Public
Sewer: PublicSewer

Location & Neighborhood

29 Palms, CA 92277

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Frequently Asked Questions About 6038 Bagley Avenue

Property type: Residential Income

The current asking price is $859,900. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 6038 Bagley Avenue. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1947. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in 29 Palms, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this 29 Palms property.

The MLS currently reports the property as Active. It has been listed for 730 days. Status can change, so verify availability before relying on it.

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