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73151 Adobe Circle, 29 Palms, CA – $1,495,000

  • list_beds13
  • list_baths13
  • list_sqft6,819
  • list_walk5
  • Listing Agent

  • Shawn S. Kormondy
    Keller Williams Beverly Hills
  • list_beds13
  • list_baths13
  • list_sqft6,819
  • list_walk5

Essential Information

  • MLS® #22159671
  • Price$1,495,000
  • Bedrooms13
  • Bathrooms13.00
  • Square Footage6,819
  • Acres9.45
  • Lot Square Footage411,642
  • Year Built1936
  • TypeIncome
  • StatusActive
  • Walkscore5

Community Information

  • Address73151 Adobe Circle
  • AreaDC726 - Four Corners
  • City29 Palms
  • CountySan Bernardino
  • StateCA
  • Zip Code92277

Amenities

  • Parking Spaces20
  • ParkingUncovered
  • GaragesUncovered
  • ViewCity Lights, Desert

Interior

  • AppliancesRefrigerator, Oven
  • HeatingPropane
  • # of Stories1

Exterior

  • ExteriorAdobe
  • ConstructionAdobe

Additional Information

  • Date ListedMay 20th, 2022
  • Days on Market161
  • ZoningR4
  • HOA Fees0.00

Listing Details

  • AgentShawn S. Kormondy
  • OfficeKeller Williams Beverly Hills
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73151 Adobe Circle

On a commanding hill overlooking Twentynine Palms sits the El Adobe Hotel, once simply called The Adobe. A fine example of Americana Hospitality. The adobe structure was built by Jack McClane and Ed White in 1935. Now being offered as a 13-unit apartment complex in Twentynine Palms, California, located minutes from the largest U.S. Marine Corps base as well as the entrance to Joshua Tree National Park (3m visitors in 2021). The complex consists of five buildings on nearly 9.5 acres of land sited at an elevation of 2,100 Ft boasting sweeping views of JTNP and city lights of 29 Palms. The property currently operates as an apartment building with 9x 1-bedroom units and 4x studios today, grossing $11,000 monthly. Each unit has been rehabilitated in the last three years and features ductless HVAC, new appliances, upgraded plumbing and electrical, window blinds, fresh paint, new roofing, and new kitchens and bathrooms. Coin-operated laundry equipment was added in 2019, generating additional income. The original 1,500 SF lobby of the hotel features wood beamed ceilings, and fireplace, the space can be converted into more apartments (Check with City). The hotel's original conception had thick adobe walls (the exterior walls have been stucco'd) and deeply set windows, which commanded the best view in town. Currently supplied county water. All units are occupied, please do not disturb tenants. Current use is multi family. Hospitality use not permitted unless CUP is obtained from city. SELLER WILL FINANCE.

Lifestyle Data

Price Change History for 73151 Adobe Circle, 29 Palms, CA (MLS® #22159671)

Date Details Change
Price Reduced from $1,550,000 to $1,495,000 $55,000 (3.55%)

Courtesy of Shawn S. Kormondy of Keller Williams Beverly Hills

Based on information from California Regional Multiple Listing Service, Inc. as of December 5th, 2022 at 10:46am CST. 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.