- 3 Beds
- 3 Baths
- 1.03 Acres
- 743 DOM
6038 Bagley Avenue
***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!
Essential Information
- MLS® #DW24161111
- Price$859,900
- Bedrooms3
- Bathrooms3.00
- Acres1.03
- Year Built1947
- TypeResidential Income
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address6038 Bagley Avenue
- Area699 - Not Defined
- City29 Palms
- CountySan Bernardino
- Zip Code92277
Amenities
- Parking Spaces12
- PoolNone
Interior
- # of Stories1
- StoriesOne
Exterior
- Lot DescriptionLot Over 40000 Sqft
Additional Information
- Date ListedAugust 5th, 2024
- Days on Market743
- ZoningC-1
Listing Details
- AgentHerbert Diaz
- OfficePLF Real Estate Solutions
Price Change History for 6038 Bagley Avenue, 29 Palms, (MLS® #DW24161111)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $979,900 to $859,900 | ||
| Price Reduced from $1,050,000 to $979,900 | ||
| Price Reduced from $1,150,000 to $1,050,000 | ||
| Price Reduced from $1,250,000 to $1,150,000 |
Herbert Diaz, PLF Real Estate Solutions.
Based on information from California Regional Multiple Listing Service, Inc. as of August 21st, 2026 at 7:15am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.