$650,000
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35325 Wilshire Road Lucerne Valley, CA 92356
Single Family
Residence
2
Beds
2
Baths
...
Bed/Bath
1,200
Sq. Ft.
Property Activity
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days
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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.
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).
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.
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!
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MLS#
TR23164236
Property Type
Single Family
Bedrooms
2
Bathrooms
2 Full
Year Built
1980
Square Feet
1,200
sq. ft
Lot Size
20
Stories
1.0
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