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Map
3786 Alta Avenue
About This Property
Exceptional investment and development opportunity in the highly desirable Yucca Mesa area of Yucca Valley. Formerly a single 5-acre parcel, this property has already completed the subdivision process and now consists of four legal parcels (APNs 0599-031-48, 0599-031-49, 0599-031-50, and 0599-031-51), providing a substantial head start compared to raw land acquisitions. APN 0599-031-49 is associated with the property address of 3786 Alta Ave. The recorded parcel map creates four legal lots ranging from approximately 1.1 to 1.43 acres.
Significant pre-development work has already been completed, including subdivision approvals and recording, parcel mapping, boundary and topographic surveying, fire flow analysis, Joshua Tree survey and report, percolation testing, septic investigations, staking, and additional planning and engineering efforts. A residential development concept has also been prepared featuring four homes with ADUs thoughtfully positioned across the newly created parcels.
The property benefits from access via Alta Avenue and Inez Avenue and offers convenient proximity to Joshua Tree National Park, Pioneertown, downtown Joshua Tree, and the area's growing demand for custom homes, hospitality projects, and investment properties.
This is a rare opportunity to acquire land that has already progressed through substantial portions of the development process, potentially saving a future owner significant time, expense, and entitlement risk. Ideal for developers, builders, investors, or those seeking to create a multi-home compound in one of the High Desert's most sought-after locations.
Buyer to independently verify all parcel information, utility availability, development potential, permit status, approvals, and intended uses.
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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 |
|---|---|---|---|
| Jul 15, 2026 | Listed by JTTP Realty | $175,000 | |
| Listed by JTTP Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017