Property listed by 29 Palms Realty, Stephen Buchanan 818-568-9040
$195,000
Rare opportunity to acquire three contiguous multifamily-zoned parcels with approved plans for 24 residential units in one of the High Desert's fastest-growing housing markets. Situated at the corner of Crestview Drive and Aztec Avenue, this shovel-ready development site offers investors and builders the chance to bypass much of the entitlement… Read More process and move directly toward construction. At an asking price of $195,000, the project equates to approximately $8,125 per approved unit, presenting an attractive entry point for multifamily developers seeking value in Southern California.
Located just minutes from downtown Twentynine Palms, the north entrance of Joshua Tree National Park, and the Marine Corps Air Ground Combat Center, the project is strategically positioned to serve growing demand from military personnel, local workforce residents, tourism employees, and remote workers.
The offering includes three contiguous parcels (APNs 062-311-20-3, 062-311-20-4, and 062-311-20-5) sold together as one development opportunity. Approved for 24 units, the site provides flexibility for thoughtful project design while benefiting from an established location near schools, shopping, dining, Highway 62 access, and other local amenities.
Development-ready multifamily land with approved unit counts is increasingly difficult to find in Twentynine Palms, making this an exceptional opportunity to capitalize on the area's continued growth and housing demand. Whether you're building workforce housing, military-oriented rentals, or a long-term income-producing asset, this site offers a compelling combination of approvals, location, and value with entitlements already in place and a cost basis of just $8,125 per approved door. Read Less
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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