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5059 1st Street — Joshua Tree | Belmont Brokerage | Belmont Brokerage

Active

+10 more

$180,000

44 DOM

— bd— ba— sqft

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5059 1st St Joshua Tree, CA 92252

7,800sqft lot

This is a great opportunity to build your dream home in the heart of Joshua Tree. The 7,800 SF lot is zoned RS and comes with approved plans and permits to construct a new single-family residence. The plans call for a one-story, 2-bedroom, 2.5-bathroom, appx 1,700 SF home. The lot already includes an existing foundation, fireplace, and partial framing, providing a head start for a remodel or addition as part of the new build. Plans are available upon request. The property is conveniently located just a few minutes' drive from 29 Palms Highway, where you'll find a variety of shops, restaurants, and entertainment options.

MLS 26659377

310-432-6400 (Office) 323-638-7567 (Cell) skor@SkorREG.com

Est. payment

$1,151/mo

Principal & interestTaxesInsurance

$910$188$53

Down %

Rate %

Years

Down payment: $36,000 · Total cost: $363,664

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$1,151/mo

Principal & interest: $910
Est. property tax: $188
Est. insurance: $53
Down payment: $36,000

Est. gross rent$750/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-401/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Mar 3, 2026	$180,000	—

310-432-6400 (Office) 323-638-7567 (Cell) skor@SkorREG.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

5059 1st Street, Joshua Tree, CA 92252

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5059 1st St Joshua Tree, CA 92252

About this home

Shawn S. Kormondy

Est. monthly payment

Mortgage vs rent

Price History

Shawn S. Kormondy

Sale & Tax History

No Recent Sales History

Location

5059 1st Street, Joshua Tree, CA 92252

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

5059 1st St Joshua Tree, CA 92252

About this home

Shawn S. Kormondy

Est. monthly payment

Mortgage vs rent

Price History

Shawn S. Kormondy

Sale & Tax History

No Recent Sales History

Location