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$889,900
0 Sqft
98,881 Sqft lot

0 Hacienda Avenue, Desert Hot Springs, California 92240

  • Land Property Type
  • 1559 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 represents unmatched Economic Opportunity for an astute developer!

Basic Details
Land
Buy
219038731PS
$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
1559
0
0 Sqft
0 Sqft
0 Sqft
2.27 Sqft
98,881 Sqft
1
0 Sqft
1TT9FEEJ3YTV
642081003
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
10/02/2020 21:48:34
$998,000
: Standard
North on Palm Drive. Turn right (East) on Hacienda. Approx. 3/4 mile, property is on the left corner of Verbena and Hacienda.
Destrahan
Harry Hurst
Desert Local Realty
Alex Bias
PS4321
PS40418
$0
1
332' x 303' x 303' x 331'
Not Applicable-1
: Electricity Available, Sewer Available, Natural Gas Available
US-06065-N-642081003-R-N
12/07/2021 03:28:00
E
Hacienda
340 - Desert Hot Springs
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