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57405 Primrose dr 1 Acre of Commercial Land Offered at $329,000 in Yucca Valley, CA 92284
Investment Highlights
- Shovel-ready project with completed permits and surveys for streamlined development.
- Located minutes from Joshua Tree National Park, shopping, transit, and community amenities.
- High-demand rental corridor with strong growth trends and sustained occupancy.
- Includes two duplexes and one triplex totaling seven modern 2-bedroom units.
- Projected NOI of $103,000–$117,000 per year with premium rental potential.
- Builder’s loss creates an immediate value opportunity for investors.
Executive Summary
*Watch the Video Above!** **Property Summary** REDUCED TO SELL!! YOUR GAIN BUILDERS LOSS! **Why This Deal Works:** - 7 income-producing units - New construction offers premium rents and low maintenance - Located in a high-demand rental corridor - Just minutes away from Joshua Tree National Park, shopping, transit, and the library - Builder's loss equals your gain!! - **See supplements in the listing for more details** This property includes 2 duplexes and 1 triplex, totaling 7 units. Each unit features 2 bedrooms and 2 bathrooms, a one-car garage, and approximately 1,100 square feet of living space. All permits and surveys are completed! Making this project shovel-ready. **Projected Rental Income:** - Low: $1,850/month × 7 units = $12,950/month - Mid: $1,950/month × 7 units = $13,650/month - High: $2,100/month × 7 units = $14,700/month **Value Range (5.5% – 6.5% Cap Rate):** $1.59 million – $2.13 million!! Call us for more details! Location, Location, Location! **Annual Gross Income:** $155,000 – $176,000**Property Summary**
Positioned within a growing rental corridor, the property is just minutes away from Joshua Tree National Park, shopping, public transit, and essential community amenities. With a rental potential of $2,100 to $2,300 per unit, the projected returns are compelling. The estimated valuation ranges from $1.59 million to $2.13 million based on a cap rate of 5.5% to 6.5%.
This is a valuable opportunity to capitalize on high demand and strong rental growth in the region while benefiting from the efficiency of completed entitlements and premium unit design.
Property Facts
| Price | $329,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Zoning | NEC - Vacant Land muti-family | ||
| Price | $329,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.00 AC |
| Zoning | NEC - Vacant Land muti-family |
1 Lot Available
Lot
| Price | $329,000 | Lot Size | 1.00 AC |
| Price Per AC | $329,000.00 |
| Price | $329,000 |
| Price Per AC | $329,000.00 |
| Lot Size | 1.00 AC |
*Watch the Video Above!** **Property Summary** REDUCED TO SELL!! YOUR GAIN BUILDERS LOSS! **Why This Deal Works:*hovel-ready multifamily project with two duplexes and one triplex totaling seven 2-bedroom, 2-bath units near Joshua Tree National Park*T
Description
The property consists of two duplexes and one triplex, creating a total of seven income-producing multifamily units in a highly desirable Joshua Tree rental market. Each residence offers two bedrooms, two bathrooms, and approximately 1,100 square feet of open-concept living space, perfectly suited for modern tenants. With new construction status and completed permits, investors will enjoy lower maintenance costs and accelerated project delivery. The location offers excellent connectivity, situated just 10 minutes from Joshua Tree National Park and near key retail services, transit, and local attractions. This growing community supports premium rents and consistent occupancy, driven by tourism and resident demand. The offering aligns well with both long-term hold strategies and immediate lease-up potential, emphasizing stability and income growth. Take advantage of this rare opportunity to own a shovel-ready development in one of Southern California’s most sought-after lifestyle destinations.
Property Taxes
| Parcel Number | 0595-181-09 | Improvements Assessment | $0 |
| Land Assessment | $40,800 | Total Assessment | $40,800 |
Property Taxes
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57405 Primrose dr
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