0 Hacienda Avenue, Desert Hot Springs, California 92240
LandProperty Type
1675 DaysTime On Market
Property Description
This a one of two adjacent primo 2.27 acres [4.54 acres total] frontage parcels; 668 ft. on the positive slope of the northside of Hacienda Ave and 303 ft. on Verbena Dr.; for a 270 Southwesterly view scape of Coachella Valley: San Jacinto Mountains and the entrance to the San Gorgonio Pass. Both parcels are zoned R-VS-H [Residential/Visitors-Service-High Density] Hot water spa, Hotel, or 14 Residential units] with 120-125 mineral springs at a depth of 300 ft., and utilities up to property. With a variance-of-use [petition City to amend General Plan] 56 to 60 townhomes on the two lots. Noting that a precedence has be set as the City Council granted Hacienda Hills development a variance of used to build 60 townhomes [completed 08/31/2009] within the 642-081-parcel block. Extra! Desert Hot Springs has been designated an Opportunity Zone [developers can defer or eliminate capital gain taxes up to 39% per million tax credit over 7 years], the California Business and Economic development Go-Biz initiative is offering income tax credit to business], and these parcels are in that opportunity zone. Albeit, this 4.54 acres is unmatched Economic Opportunity for an estute developer!
Basic Details
Land
For Sale
219038692PS
$872,102
98,881 Sqft
Active
Features
: Mountain(s), Panoramic, City Lights
$0
: Unknown
Address Map
California
RIVCA
Desert Hot Springs
92240
0 Hacienda Avenue
0
W117° 31' 13.6''
N33° 56' 50.2''
Additional Info
Desert Local Realty
PS4321
alex@simplybiasrealty.com
$0
0
0 Sqft
$0
1675
$0
334' x 303' x 302' x 332'
$0
642081004
: Standard
Not Applicable-1
$0
: Electricity Available, Sewer Available, Natural Gas Available