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About This Property
Conveniently located approximately 20 minutes from Palm Springs International Airport and Joshua Tree National Park, the property offers a rare combination of accessibility, larger acreage surroundings, and rural desert character.
Substantial due diligence and pre-development work has been completed by current ownership, including surveying, mapping, preliminary engineering, utility research, environmental and biological review work, fire hydrant flow testing, and preparation and submission materials related to a proposed Tentative Tract Map. Portions of the property are currently being evaluated through ongoing county and CEQA-related review processes; however, no guarantees, representations, or warranties are made regarding approvals, timelines, subdivision potential, permitted uses, density, lot yield, development feasibility, or future outcomes.
Seller has maintained ongoing coordination with San Bernardino County and consultants in connection with prior and current project studies and review efforts. Existing reports, studies, maps, plans, and related due diligence materials may be made available to qualified buyers for informational purposes only. Buyer shall independently verify the accuracy, applicability, and current status of all materials and shall rely solely on buyer's own investigations and consultations with licensed professionals and applicable governmental agencies.
Buyer to independently verify all zoning, land use regulations, subdivision status, CEQA requirements, utility availability, environmental conditions, access, development standards, fees, improvement requirements, and all other aspects of the property with San Bernardino County and applicable agencies. Seller and listing broker do not guarantee approval of any proposed project, subdivision, or future use of the property.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2026 | Listed by JTTP Realty | $849,000 | |
| Listed by JTTP Realty | |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| May 15, 2021 | In contract | - | |
| In contract | |||
| May 11, 2021 | Listed | $35,000 | |
| Listed | |||
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Scenic 2.5 acre parcel surrounded by amazing mountain views. Create your private desert get away with room for horses and all your desert toys. Take in the breathtaking and colorful sunsets and then snuggle in to be amazed by the star-filled night skies. Watch families of bunnies, quail and other desert animals scamper by. Close to both the Joshua Tree National Park and Palm Springs, this parcel is in a prime location. Contact Sandy, 760.401.6756, [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017