#IV24201147, NEVEN SPRALJA, Listing Office: REALHOME SERVICES & SOLUTIONS

72555 Nicolson Dr Unit 29 Palms, CA 92277
Property details
About 72555 Nicolson Dr Unit 29
Investor Special! 2 Homes on 1 Lot – 1.69 Acres in Town with Endless Potential! This prime investment opportunity features two homes on one lot, sitting on 1.69 acres in a great in-town location. With stunning mountain views and close proximity to all the conveniences of downtown 29 Palms, this property is ready for an investor looking to maximize returns. The main home is a 3-bedroom, 2-bathroom residence, approximately 954 sqft, while the second home is a 1-bedroom, 1-bathroom unit, approximately 683 sqft. Both homes need a full remodel, but the upside is undeniable—whether you're looking to fix and flip, create long-term rentals, or develop a short-term rental portfolio. Additionally, there is a detached garage, providing extra storage, workshop potential, or additional conversion possibilities. Why Invest in 29 Palms? Short-Term Rental Market – With the city's flexible rental regulations compared to other nearby areas, investors are capitalizing on the steady influx of visitors heading to Joshua Tree National Park. Proximity to Key Attractions – Just minutes from the park entrance, Tortoise Rock Casino, Project Phoenix downtown revitalization, and the Marine Corps Base, this location is highly desirable for both vacation and long-term tenants. Growing Economy & Infrastructure – 29 Palms continues to develop, with new businesses, hotels, and local attractions increasing property demand. With multiple income streams possible, ample space to expand, and an unbeatable location, this 2-home investment property has the potential to generate strong cash flow.
Highlights
Summary
- Full Bathrooms: 3
- Fireplace: None
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Garage
- View: Desert, Mountain(s), Neighborhood
- Heating: None
- Cooling: Evaporative Cooling, Wall/Window Unit(s)
- List Price: $175,000
- Price/SqFt: $106
- Directions: From HWY 62 head North onto El Rey ave, then East onto Nicolson, property is on the South side of the road.
- Year Built: 1930
- Stories: 1
- Living Area: 1,637 SqFt
- Lot Size: 1.6988 Acres
- MLS Number: JT25038374
- MLS Name: CRMLS
- Office Name: C & S Real Estate, Inc.
- Office Phone: (760) 553-5306
- Listing Agent: Sean Dittmer
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: 5/8/2025, 2:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$175,000
72555 Nicolson Dr Unit 29
$2,078
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Price information
Property sales
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Tax history
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Nearby schools
4
Oasis Elementary School
Public District KG-6
0.8 mi
•73175 El Paseo Dr
5
Twentynine Palms Elementary School
Public District KG-6
2.5 mi
•74350 Playa Vista Dr
3
Palm Vista Elementary School
Public District KG-6
2.5 mi
•74350 Baseline Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $67,590. The most common annual income of people living in Palms, CA is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 72555 Nicolson Dr Unit 29
The listing price of 72555 Nicolson Dr Unit 29 property is $175,000.
The property 72555 Nicolson Dr Unit 29 is a house located in Palms, California, 92277.
Active Listing: 72555 Nicolson Dr Unit 29 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 72555 Nicolson Dr Unit 29 are: Oasis Elementary School (GreatSchools Rating 4/10), Twentynine Palms Elementary School (GreatSchools Rating 5/10), Palm Vista Elementary School (GreatSchools Rating 3/10), Twentynine Palms Junior High School (GreatSchools Rating 3/10), La Contenta Middle School (GreatSchools Rating 3/10), Desert Springs Middle School (GreatSchools Rating 2/10), Twentynine Palms High School (GreatSchools Rating 5/10), Black Rock Alternative/Continuation (GreatSchools Rating 2/10), Yucca Valley High School (GreatSchools Rating 5/10).
The property at 72555 Nicolson Dr Unit 29 has 4 bedrooms and 3 bathrooms.
The property 72555 Nicolson Dr Unit 29 is 1,637 SqFt (source: MLS/tax record).
The year of construction for 72555 Nicolson Dr Unit 29 is 1930.
This home is located at 72555 Nicolson Dr Unit 29 in Palms, CA and zip code 92277. This 1,637 square foot home, which was built in 1930, sits on a 1.70 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 22, 2025 and is currently priced at $175,000.
Palms, CA housing market in April 2025 saw over 5 listings sold above listed price, more than 3 sold at listed price and over 12 sold below. Between March and April 2025, Palms, CA real estate market has seen increase in the number of listings by 6.9%. The median list price of listings available in April 2025 was $268,000, while the average time on the real estate market was 49 days.