Courtesy of: Shawn S. Kormondy, Keller Williams Beverly Hills, skor@SkorREG.com
Courtesy of: Shawn S. Kormondy, Keller Williams Beverly Hills, skor@SkorREG.com
$2,050,000
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17 bed
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Lot: 1.63 Acres
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Other
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$2,050,000
61850 Chollita Rd Prime investment opportunity in the heart of Joshua Tree! This unique property features FIVE freestanding buildings with a total of 24, 000sf of livable space, set on a sprawling 1.63 acre lot. Originally built in 1988 as a retirement home, the property is zoned JT/RM, making it perfect for repositioning into a 32-unit multifamily apartment building with a pool. All structures are intact, offering an efficient and cost-effective development process without the need for ground-up construction. Pre-planning comments for 32-unit development are already in hand, streamlining the path to realization. Whether you are looking to create a rehab facility, retreat center, or a lucrative apartment complex, this property offers endless possibilities. Centrally located in Joshua Tree, just one block away from all the shops and restaurants and a five minute drive to the National Park.
Courtesy of: Shawn S. Kormondy, Keller Williams Beverly Hills, skor@SkorREG.com
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