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$1,495,000
191 Days Online

73151 Adobe Circle
29 Palms, CA 92277

For Sale|Multi-Family|Active
County:
San Bernardino
Listed by Shawn S. Kormondy of Keller Williams Beverly Hills

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73151 Adobe Circle73151 Adobe Circle73151 Adobe Circle73151 Adobe Circle
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On a commanding hill overlooking Twentynine Palms sits the El Adobe Hotel, once simply called The Adobe. A fine example of Americana Hospitality. The adobe structure was built by Jack McClane and Ed White in 1935. Now being offered as a 13-unit apartment complex in Twentynine Palms, California, located minutes from the largest U.S. Marine Corps base as well as the entrance to Joshua Tree National Park (3m visitors in 2021). The complex consists of five buildings on nearly 9.5 acres of land sited at an elevation of 2,100 Ft boasting sweeping views of JTNP and city lights of 29 Palms. The property currently operates as an apartment building with 9x 1-bedroom units and 4x studios today, grossing $11,000 monthly. Each unit has been rehabilitated in the last three years and features ductless HVAC, new appliances, upgraded plumbing and electrical, window blinds, fresh paint, new roofing, and new kitchens and bathrooms. Coin-operated laundry equipment was added in 2019, generating additional income. The original 1,500 SF lobby of the hotel features wood beamed ceilings, and fireplace, the space can be converted into more apartments (Check with City). The hotel's original conception had thick adobe walls (the exterior walls have been stucco'd) and deeply set windows, which commanded the best view in town. Currently supplied county water. All units are occupied, please do not disturb tenants. Current use is multi family. Hospitality use not permitted unless CUP is obtained from city. SELLER WILL FINANCE.

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Listing Snapshot
Price 
$1,495,000
Days Online 
191 Days
Bedrooms 
13
Inside Area (SqFt) 
6,819 sqft
Total Baths 
13
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
9.45 Acres
Year Built 
1936
MLS Number 
22159671
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS
2 months agoPrice changed to $1,495,000
6 months agoListing first seen online
General Features
Acreage 
9.45
Construction 
Adobe
Sewer 
Septic Type Unknown
Property Condition 
Updated Remodeled
Parking 
Uncovered
Zoning 
R4
Number of Stories 
1
Listing Conditions 
Standard
Parking Spaces 
20
Direction Faces 
South
Interior Features
Laundry Features 
Common Area
Appliances 
OvenRefrigerator
Heating 
Propane
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Exterior Features
View 
City LightsDesert
Community Features
Senior Community 
No
MLS Area 
DC726 – Four Corners


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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