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5840 Marine Ave
Twentynine Palms, CA 92277
Homestead Inn 29 · Hospitality Property For Sale · 4,600 SF
Investment Highlights
- Historic Homestead Inn.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 4,600 SF |
| Property Subtype | Serviced Apartment | No. Stories | 1 |
| Building Class | C | Year Built | 1920 |
| Lot Size | 11.70 AC | Corridor | Exterior |
| Construction Status | Converted |
| Property Type | Hospitality |
| Property Subtype | Serviced Apartment |
| Building Class | C |
| Lot Size | 11.70 AC |
| Construction Status | Converted |
| Building Size | 4,600 SF |
| No. Stories | 1 |
| Year Built | 1920 |
| Corridor | Exterior |
About 5840 Marine Ave , Twentynine Palms, CA 92277
This 20 acre property is located in 29 Palms and is situated within 4 streets (Marine St. , 2 Mile Road, Desert Knoll and Joe Davis Road). There are a total of 5 separate parcels. Parcel #1 Is 11 acres with the a 3 bedroom 3 bath home knowns as the Homestead Inn which was built in 1930. Also within this parcel are (5) Private studios each with their own private bathroom and private entrance. This 11 acre property has its own private well, as well as city water, and features natural gas and electric and is zoned for Commerical Use. The house and 5 studios have been generating income for over 20 years Parcel #2 is 1 3/4 acres with a 3 bedroom 1 bath home and a Private Studio with one bathroom and separate entrance. This parcel features city water and natural gas and electric, This house and private studio have been generating income for 10 years and are zoned Residential. The remaining 3 parcels are broken down as follows (2) 2 1/2 acres parcels and (1) 1 3/4 acre parcel. All zoned Residential These parcels are not developed but have access to city water and natural gas and electricity. This property is located close to the 29 Palms Marine Corp Base and Joshua Tree National Park with unobstructed views of the desert and the surrounding mountain
PROPERTY TAXES
| Parcel Number | 0623-141-25 | Improvements Assessment | $586,500 |
| Land Assessment | $535,500 | Total Assessment | $1,122,000 |
PROPERTY TAXES
zoning
| Zoning Code | Commercial Tourism (Motel) |
| Commercial Tourism (Motel) |
Learn More About Investing in Hospitality Properties
