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Low Purchase Price! Great Investment in the growing Morongo Valley-Joshua Tree market: affordable, multi-income producing, highly visible property located on Twenty-nine Palms Highway. This property has 2 LOTS, LOT 22 & 23, highway access to your own parking lot, and visible signage. Only 20 minutes away from Palm Springs. Visitors heading to and from the National Park (over 3 million a year) will be your possible clients or new friends. Multiple suites offer flexibility. The building provides separate entry points and 2 covered outdoor patios to add charm and shade; Unit 1 is the original 2 bedrooms/ 1 Bath home with a kitchen, a large private backyard, a storage shed, and a large covered patio great for outdoor living and entertainment. Unit 2, 10x10, has a separate entrance through a 15x26 redwood fenced patio area; Units 3 & 4 are office spaces facing the highway with individual entries and a shared bathroom; each has large windows and charming walkways. Current rents are month-to-month, and the income possibilities are endless. Where else can you purchase income-producing property at this price point in Southern California? This property is shown by appointment only. Call today to schedule a viewing.
Listing agent: Merl Abel DRE #01813083 merlabel@gmail.com, Listing office: Inspire Real Estate
MLS data updated 10/31/2026, 4:24:21 PM PT
Source: CRMLS, MLS #: JT23074049
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 1, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$320,000Closed sale · Oct 1, 2024ZIP 92256 · Oct 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.