11 months on rocket

61850 Chollita Rd, Joshua Tree, CA, 92252

$2,050,000

Home List Price

$10,000*

Closing Credit

17 Bedrooms
0 Baths
13,451 SqFt
$152/SqFt
House

Location

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61850 Chollita Rd, Joshua Tree$2,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingGuest, Gated, Private, One Space, Unassigned
Year Built1964
HeatingNone
CoolingNone
FireplaceNone
ViewDesert, Mountain(s)
MLS #24345117
Lot Size1.63 Acres
StatusActive

About 61850 Chollita Rd

Prime investment opportunity in the heart of Joshua Tree! This unique property features FIVE freestanding buildings with a total of 24,000sf of livable space, set on a sprawling 1.63 acre lot. Originally built in 1988 as a retirement home, the property is zoned JT/RM, making it perfect for repositioning into a 32-unit multifamily apartment building with a pool. All structures are intact, offering an efficient and cost-effective development process without the need for ground-up construction. Pre-planning comments for 32-unit development are already in hand, streamlining the path to realization. Whether you are looking to create a rehab facility, retreat center, or a lucrative apartment complex, this property offers endless possibilities. Centrally located in Joshua Tree, just one block away from all the shops and restaurants and a five minute drive to the National Park.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1964
  • Stories: 1
  • Living Area: 13,451 SqFt

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Shawn S. Kormondy

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 17

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Desert, Mountain(s)

Parking Information:

  • Parking: Guest, Gated, Private, One Space, Unassigned

Lot Features

Lot Information:

  • Lot Size: 1.63 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: North of 29 Palms Hwy. On Chollita Rd between Park Blvd & El Reposo St

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,050,000
  • Price Per SqFt: $152/SqFt

Tax Information:

  • Annual Amount: $7,809
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Joshua Tree, CA.

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Joshua Tree, CA

City

Med. Sold Price

$375K

Med. Price/SqFt

$303

Avg. Days On Market

72

# of Sold Homes

7

61850 Chollita Rd vs Joshua Tree

341 DAYS ON ROCKET

+269 Days

$2,050,000

+$1.6M More

$152/SqFt

-$152 Less

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $152/SqFt less than other homes in Joshua Tree, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24345117

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Shawn S. Kormondy

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 22, 2021Home Sold
$2,286,500
Sep 01, 2004Home Sold
$480,000
Nov 05, 1999Home Sold
$26,896
Jun 17, 1993Home Sold
$650,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,809$671,700
2020$8,217$671,700
2019$7,596$652,200
2018$6,674$609,600
2017$6,686$530,000

History based on county public records data.

Payment Calculator

$10.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,213

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4532525
6
/10

  • Friendly Hills Elementary School

  • 7252 Sunny Vista Rd

  • 1.68 miles

  • Public District Grades KG-6

school-card-donut-4532526
4
/10

  • Joshua Tree Elementary School

  • 6051 Sunburst St

  • 1.78 miles

  • Public District Grades KG-6

school-card-donut-4532527
5
/10

  • Onaga Elementary School

  • 58001 Onaga Trl

  • 5.12 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,313. The majority of Joshua Tree, CA residents have income less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 61850 Chollita Rd

What is the listing price of this property?

The listing price of 61850 Chollita Rd property is $2,050,000.

What type of property is this?

The property 61850 Chollita Rd is a house located in Joshua Tree, California, 92252.

Is this property for sale now?

Active Listing: 61850 Chollita Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,809 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 22, 2021 for $2,286,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 61850 Chollita Rd has 17 bedrooms.

What is the square footage of this property?

The property 61850 Chollita Rd is 13,451 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 61850 Chollita Rd is 1964.

Rocket Homes›California›San Bernardino County›Joshua Tree›92252›61850 Chollita Rd

This home is located at 61850 Chollita Rd in Joshua Tree, CA and zip code 92252. This 13,451 square foot home, which was built in 1964, sits on a 1.63 acre lot. Features: 17 bedrooms. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $2,050,000.

While more than 1 listings in Joshua Tree, CA in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below. In November 2024 in Joshua Tree, CA there were 3.6% more homes for sale than in October 2024. While the average time on the market in November 2024 was 72 days, the median list price was $375,000.

From Rocket Homes Real Estate and based on county public records data.

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