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74262 El Paseo Drive, 29 Palms, California 92277, 29 Palms, 92277 - 4 bed, 2 bath

74262 El Paseo Drive, 29 Palms, California 92277 home-pic-0
ACTIVE$200,000
74262 El Paseo Drive, 29 Palms, California 92277
4Beds
2Baths
1,342Sqft
27,200Lot
Year Built
1948
Close
-
List price
$200K
Original List price
$200K
Price/Sqft
$149
HOA
-
Days on market
-
Sold On
-
MLS number
SW25271461
Home ConditionPoor
Features
Good View: Desert, Mountain(s)
Patio
ViewDesert, Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 46% below the list price. We found 4 Cons,6 Pros. Rank: price - $200.0K(21th), sqft - 1342(57th), beds - 4(83th), baths - 2(50th).

Welcome to 74262 El Paseo Dr. in 29 Palms, California—a rare multi-structure property with tremendous sweat-equity potential. Situated on nearly three-quarters of an acre, this unique compound features three separate structures surrounding a central courtyard. The main residence is a two-bedroom, one-bath block-construction home with impressive open-beam wood ceilings, a spacious floor plan, a generous bathroom, tile flooring throughout most of the home, and an enclosed laundry area plus a screened porch. The second structure, though not reflected in current tax records due to the age of the property, includes two bedrooms, one bath, and a kitchen, offering flexibility for future use. The third structure is an oversized laundry room/workshop, providing valuable additional utility space. While the property will require a full rehab, the roof appears free of obvious leaks and the overall bones feel solid, making this an excellent candidate for transformation. In addition, a separate lot located directly behind the property is available for purchase, and the home next door is also for sale, creating a unique opportunity for buyers seeking to assemble a large multi-property compound.

Price History

Date
Event
Price
12/05/25
Listing
$200,000
12/28/94
Sold
$20,000
Condition Rating
Poor
Built in 1948, this property explicitly states it 'will require a full rehab' and has 'tremendous sweat-equity potential,' indicating substantial repairs and rehabilitation are needed. The description also highlights 'Outdated Systems & Age-Related Issues,' suggesting major components like electrical, plumbing, and HVAC are likely original or very old. While the 'bones feel solid,' the overall condition, as seen in the images and described, points to a property that is far from move-in ready and would be uncomfortable or potentially unsafe in its current state. The visible interior (Image 9) shows dated tile flooring and exposed beam ceilings that, while a feature, are part of an overall aged aesthetic. No clear images of the kitchen or main bathroom are provided, but given the 'full rehab' requirement and the age of the property, it's safe to assume these areas are severely outdated and require complete renovation.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27200, living area = 1342.
Multi-Structure Versatility: Features three distinct structures (main residence, secondary unit with kitchen, workshop), offering diverse usage possibilities such as multi-generational living, rental income, or dedicated creative spaces.
Significant Lot Size & Expansion Potential: Situated on nearly three-quarters of an acre (27,200 sqft), with an adjacent lot and neighboring home also available, presenting a unique opportunity to assemble a large multi-property compound.
Solid Structural Foundation: Despite its age, the property boasts block construction, impressive open-beam wood ceilings, and 'solid bones,' providing a robust base for extensive renovation.
High Sweat Equity & Transformation Potential: Explicitly noted for 'tremendous sweat-equity potential' and being an 'excellent candidate for transformation,' appealing to buyers seeking to add significant value through renovation.
Scenic Desert & Mountain Views: Offers desirable desert and mountain views, contributing to a tranquil and aesthetically pleasing living environment.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1342, other record living area = 942. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Extensive Renovation Required: The property 'will require a full rehab,' indicating a substantial commitment of time, resources, and capital for modernization and upgrades across all structures.
Outdated Systems & Age-Related Issues: Built in 1948, the property likely has original systems (electrical, plumbing, HVAC) that will need updating, potentially leading to unforeseen costs during renovation.
Unpermitted Second Structure: The second structure, while functional, is 'not reflected in current tax records,' which could pose challenges with permitting, insurance, or financing, and may require legalization.

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