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61503 Sunburst
About This Property
Inside, you'll find a stylish interior with newer front windows, fresh paint, industrial cement floors, and thoughtfully upgraded kitchen and bathrooms that blend modern comfort with desert charm. The open layout offers plenty of natural light and relaxed indoor living space - perfect for guests or everyday life.
Step outside to your own private backyard desert retreat, featuring a cowboy pool - ideal for cooling off after a day exploring the high desert - plus room to lounge under the big sky and starry nights. A local muralist's work on the back fence adds an authentic Joshua Tree artistic touch and makes this property truly unique. (This one-of-a-kind art piece stays with the home!)
Location is everything: this property is just minutes from the Joshua Tree National Park entrance for world-class hiking, sightseeing, and outdoor adventure, and only a short distance to downtown Joshua Tree's eclectic shops, cafes, galleries, and nightlife.
Whether you're looking for a turn-key investment, a creative desert getaway, or a year-round home with character and income potential, this Sunburst Drive gem is a rare offering in one of Southern California's most desirable destinations.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Price Decreased |
$364,900
↓ $100
(0%) | |
| Price Decreased | |||
| Mar 10, 2026 | Price Decreased |
$365,000
↓ $20K
(5.2%) | |
| Price Decreased | |||
| Dec 18, 2025 | Listed by PRICE REAL ESTATE GROUP INC | $385,000 | |
| Listed by PRICE REAL ESTATE GROUP INC | |||
| Nov 30, 2022 | No longer available | - | |
| No longer available | |||
| Oct 26, 2022 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017