0 Hacienda Avenue

Desert Hot Springs, CA 92240

$889,900

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $9 / sqft

calendar_month Built

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!

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 0 Hacienda Avenue
City Desert Hot Springs
State CA
Zip 92240
County Riverside
Listing Agent Alex Bias DRE#00710180
Courtesy Of Desert Local Realty
MLS 219038692PS
List Price $889,900
Status Active
Type Land
Structure Size N/A
Lot Size 98,881
DOM 1401

Exterior Information

Maps

Listing information courtesy of: Alex Bias, Desert Local Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 11th, 2023 at 4:05 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.