7242 Olympic Road
Joshua Tree, CA 92252
- 2 beds
- – baths
- 3,800 sqft
- ~1/2 acre lot
- $226 per sqft
- 1991 build
- – on site
FIRST TIME EVER ON THE MARKET! The Olympic Village Apartments consist of a two-property portfolio with a total of eight (8) units, located side by side at 7242-7264 Olympic Road, Joshua Tree, CA 92252. These properties are being offered together for $1,725,000 or individually at $862,500 each. Each unit features a two-bedroom, one-bathroom layout. Built in 1991, the properties sit on a combined 0.903 acres of land and demonstrate a clear pride of ownership, with well-maintained grounds and units. The Pro Forma CAP Rate is 6.46%, with a Pro Forma GRM of 10.89, while the current CAP Rate stands at 4.86%. (7264 Olympic Road APN: 0601-441-14)
Last checked:
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Last updated Jan 28, 2025
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MLS# CRIV25019322 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1991
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Building Area Units:Square Feet
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Building Area Total:3800
Room Dimensions
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Living Area:3800
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Living Area Units:Square Feet
Location
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Directions:Please refer to maps.
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Exterior Features:Other
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Parcel Number:0601441130000
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Lot Size Area:0.45
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Lot Size Acres:0.45
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Lot Size SqFt:19657
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (909) 256-7889
Taxes
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Tax Tract:104.19
Beds
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Bedrooms Total:2
The Listing
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Listing Terms:Submit
Utilities
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Utilities:Other Water/Sewer
Appliances
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Laundry Features:Common Area
The Community
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Association:false
Parking
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Parking Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/27/25
Jan 27, 2025
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Listed / Active | BRIDGE | $862,500 |