52355 Altadena Drive
About This Property
Unlock the perfect mix of charm, comfort, and investment opportunity with this exceptional Morongo Valley retreat. Nestled on over an acre of breathtaking desert landscape, this property offers two stylish dwellings-a modernized 2-bedroom, 1-bath main residence alongside a cozy 1-bedroom, 1-bath guest house-ideal for short-term rentals or private hosting.
Step inside to a seamless blend of rustic allure and contemporary upgrades-from sleek floors and soaring ceilings to energy-efficient mini-split HVAC systems that ensure year-round comfort.
Outdoor living is where this home truly shines. With ample space for fire pit lounges, stargazing deck, al fresco dining, and a hot tub-ready concrete slab, you can create the ultimate desert escape. RV parking adds extra convenience, making this the perfect setup for both full-time residents and income-seeking investors.
Located just a short drive from Joshua Tree National Park, Pioneertown's iconic Pappy & Harriet's, and Yucca Valley's vibrant arts and music scene, guests will have easy access to the best of the high desert. Nature lovers will adore nearby Big Morongo Canyon Preserve, while foodies can explore eclectic cafes, restaurants, and lively bars just minutes away.
Whether you're looking to live, host, or expand your investment portfolio, this turnkey desert gem delivers endless potential and irresistible charm. Come experience the magic of Morongo Valley living and make this serene sanctuary your next smart move!
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Cap Rate Calculator
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 18, 2025 | Sold | ||
| Sold | |||
| Jun 8, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed by eXp Realty of Southern California, Inc | $339,000 | |
| Listed by eXp Realty of Southern California, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017