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0 Hacienda Avenue

Desert Hot Springs, CA 92240

$872,102 Price
Est. Payment: $ 0/mo
0
Bed
0
Bath
98,881 Sq. Ft.
$9 / Sq. Ft.

0 Hacienda Avenue

Desert Hot Springs, CA 92240

$872,102 Price
$0/mo
0
Bed
0
Bath
98,881
Sq. Ft.
1 /
Unlock the potential of two adjacent primo parcels spanning 4.54 acres (APN 642 081-003 and 004) in the thriving Desert Hot Springs area. Priced at $872,102 each, these parcels combine for a total of $1,744,204. Boasting 668 feet of frontage on Hacienda Ave and 303 feet on Verbena Drive, these parcels are perched on the positive slope of the north side, offering breathtaking 270 panoramic views of the San Jacinto Mountains and the San Gorgonio Pass. Zoned R-VS-H (Residential/Visitor-Service High Density), this land is ideal for hot water spas, hotels, or up to 14 residential units, with access to 120-125 mineral springs just 300 feet underground. Utilities are already in place, providing convenience and flexibility. Even more exciting, this land could host 56-60 townhomes with a variance of use, as seen in the nearby Hacienda Hills development. Take advantage of the Opportunity Zone designation, offering developers potential capital gains tax deferrals or eliminations up to 39% per million in tax credits over 7 years. Strategic Location: Positioned at the western gateway to Coachella Valley, just minutes from the renowned Desert Hot Springs resort spa area and 20 minutes to Palm Springs. With such potential for significant returns, this is an exceptional investment opportunity for the astute developer looking to capitalize on Desert Hot Springs' booming growth and economic incentives.
PROPERTY INFORMATION
MLS # 219038692PS Lot Size 98,881 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 872,102
Price Per SqFt: $ 9
DOM 1780 Days
Address 0 Hacienda Avenue Type Land
City Desert Hot Springs Sq.Ft. 98,881 Sq. Ft.
Postal Code 92240 Garage N/A
County Riverside Year Built
Bed / Bath 0 / 0 Parking N/A
Built In Status Active
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $930
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
02/10/2020 Listed $998,000
02/09/2020 Listed $998,000
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Listing provided courtesy of Alex Bias, Desert Local Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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