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$889,900
0 Sqft
98,881 Sqft lot

0 Hacienda Avenue, Desert Hot Springs, California 92240

  • Land Property Type
  • 1573 Days Time 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
Buy
219038692PS
$889,900
0 Sqft
98,881 Sqft
Active
Lots/Land
Lots/Land
Features
: Panoramic, Mountain(s), City Lights
0
$0
: Unknown
Address
CA
Riverside
Desert Hot Springs
92240
0 Hacienda Avenue
0
Avenue
0
W117° 31' 13.6''
N33° 56' 50.2''
Additional Information
1573
0
0 Sqft
0 Sqft
0 Sqft
2.27 Sqft
98,881 Sqft
1
0 Sqft
1TT9FEEJ3YTV
642081004
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
10/02/2020 14:22:17
$998,000
: Standard
North on Palm Drive, turn right (East) on Hacienda. Up approximately 3/4 mile is the vacant land parcels located on the left side of the street, on the corner of Verbena and Hacienda.
Destrahan
Harry Hurst
Desert Local Realty
Alex Bias
PS4321
PS40418
$0
1
334' x 303' x 302' x 332'
Not Applicable-1
: Electricity Available, Sewer Available, Natural Gas Available
US-06065-N-642081004-R-N
19/10/2022 16:50:21
Hacienda
340 - Desert Hot Springs
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