35325 Wilshire Road
Lucerne Valley,
CA
92356
Property Details
| List Price: |
$650,000 |
| Beds: |
2 |
| Baths: |
2 |
| Status: |
Active |
SqFt: |
1200 |
| Agency: |
Prudential California Realty |
Description/Comments
| Lot Size: |
871,200 sqft |
| Property Type: |
Residential |
| Year Built: |
1980 |
| Notes: |
Incredible Income Potential! This Lucerne Valley property features a 10-acre parcel, as well as another 10-acre parcel, for a grand total of 20 acres. The land is currently home to approximately 1600 7-year-old Jujube trees, generating an annual income of around $200,000 from the Jujube trees alone. In addition to this substantial revenue stream, there are also earnings from various other fruit trees like persimmons on the premises.<br />
<br />
As the Jujube trees mature, you can expect annual yields to increase by 20-30% per year. The property is well-equipped, featuring two storage houses with permits and commercial licenses. There are also machinery assets, including two automatic drying machines (originally valued at $50,000).<br />
<br />
Water supply is abundant with two wells on the property. One features a 5-horsepower electric pump capable of delivering 80 gallons per minute, while the other is equipped with a 3-horsepower electric pump capable of 50 gallons per minute. Additionally, the property includes five greenhouses and a specialized car park greenhouse. Convenience is not overlooked, as the property features two separate standalone bathrooms with water heaters, one of which includes a shower. The entire 20-acre property is securely fenced.<br />
<br />
The living quarters consist of a 2-bedroom, 2-bathroom house with 1200 square feet of living space. Don't let this outstanding opportunity slip through your fingers. Schedule a viewing appointment today to explore all that this property has to offer! |
| MlsNumber: |
TR23164236 |
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| Listing Provided By: |
Prudential California Realty, original listing |
| Name: |
Prudential California Realty |
| Phone: |
(626) 363-1311 |
| Office Name: |
Berkshire Hathaway HomeServices California Pr |
| Office Phone: |
(626) 913-2808 |
| Agent Name: |
Xue Li |
| Disclaimer: |
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
