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0 Hacienda Avenue

Desert Hot Springs, CA 92240
  • $998,000
  • STATUS: Active
  • ON SITE: 956 Days
  • MLS #: 219038731
UPDATED: 51 min ago
$998,000
  • 0
    BEDS
  • 2.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
High School:
School District:

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 represents unmatched Economic Opportunity for an astute developer!

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©2022 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Agency Inc. Based on information from the California Desert Association of Realtors as of 2022-09-25T06:36:23.13. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.haciendagroupinc.com/homes/103099832
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0 Hacienda Avenue Desert Hot Springs, CA 92240

  • Price: $998,000
  • Status: Active
  • On Site: 956 Days
  • Updated: 51 min ago
  • MLS #: 219038731
0
Beds
0
Baths
0
½ Baths
2.27
Acres
Neighborhood:
Not Applicable
County:
Riverside
Area:
340 - Desert Hot Springs
Elementary School:
Cabot Yerxa
High School:
Desert Hot Springs
School District:
Palm Springs Unified
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 represents unmatched Economic Opportunity for an astute developer!
Exterior Features

Pool No Spa Hot Tub No View Yes View Type Mountain(S)Panoramic

Property Features

Additional Parcel Yes Cross Streets Verbena And Hacienda Land Lease Type Fee Listing Terms Cash Lot Location Water Access Potential Use ResidentialUnimproved Present Use Unimproved Sale Type Standard Senior Community No Sewer Unknown Sign On Property Yes Tax Mello Roos Unknown Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available

Listing information © 2022 California Desert Association of Realtors.
Listing provided courtesy of Alex W Bias of Desert Local Realty: (760) 671-5017.
©2022 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hacienda Agency Inc. Based on information from the California Desert Association of Realtors as of 2022-09-25T06:36:23.13. 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 of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253