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7264 Olympic Road

Joshua Tree, CA 92252

– beds
– baths
– sqft
~1/2 acre lot
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)

Listed By CRMLS_CA / ALBERT LE / LE INVESTMENT GROUP / 909-256-7889

Last checked: Checking… • Last updated Jan 27, 2025 •

MLS# IV25019338 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1991
Year Built Source:

Appraiser
New Construction:

No
Building Area Total:

3800.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

2
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Levels:

Two
Entry Location:

Floor
Laundry:

Common Area
Laundry:

1

Location

Directions:

Please refer to maps.
Latitude:

34.12119200
Longitude:

-116.35208500

The Property

Property Type:

Residential Income
Subtype:

Apartment
Lot Features:

2-5 Units/Acre
Lot Size Area:

19700.0000
Lot Size Acres:

0.4522
Lot Size SqFt:

19700.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

104.19
Tax Tract:

6514
Tax Lot:

18

The Listing

Special Listing Conditions:

Standard
Parcel Number:

0601441140000

Utilities

Sewer:

Conventional Septic
Water Source:

Public

The Community

Features:

Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

4.00
Garage Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/27/25 Jan 27, 2025	Listed / Active	CRMLS_CA	$862,500

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This multifamily located in Joshua Tree, CA 92252 is currently for sale for $862,500. 7264 Olympic Road is a – square foot multifamily with – beds and – baths that has been on Estately for 3 days. This multifamily is in the attendance area of La Contenta Junior High School, Friendly Hills Elementary School, and Yucca Valley High School.

Listing Courtesy of: CRMLS_CA and LE INVESTMENT GROUP. Based on information from California Regional Multiple Listing Service, Inc. as of 19:40 on Jan 30.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.