52724 Altadena Drive
About This Property
Tucked high on the serene North side of Morongo Valley, this cozy 1 bedroom, 1 bath desert hideaway offers sweeping panoramic views and endless potential. Set on 5 acres of pristine land dotted with native plants and framed by mountain peaks, it's the perfect canvas for your desert getaway vision.
Step onto the wrap-around patio and take in the breathtaking scenery-or rinse off in the open-air outdoor shower under the wide desert sky. Enjoy true privacy, your own private well, and the peace that comes from being surrounded by nature, yet just a short drive to iconic destinations like Joshua Tree National Park and Pappy & Harriet's in Pioneertown.
Whether you're looking for a peaceful retreat, an artist's escape, or the foundation for your next creative project, this gem is ready to shine.
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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 |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 11, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by Cherie Miller & Associates | $274,900 | |
| Listed by Cherie Miller & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017