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!

Features
: Mountain(s), City Lights, Panoramic
Address Map
California
Riverside
92240
0 Hacienda Avenue
0
W117° 31' 13.6''
N33° 56' 50.2''
MLS Addon
$0
0 Sqft
1400
North on Palm Drive. Turn right (East) on Hacienda. Approx. 3/4 mile, property is on the left corner of Verbena and Hacienda.
332' x 303' x 303' x 331'

Land For Sale Desert Hot Springs

0 Hacienda Avenue, Desert Hot Springs, Riverside, California, 92240

98,881 Acre
Visits : 51 in 1595 days
$889,900
Listing ID #219038731PS
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : 219038731PS
Price : $889,900
Lot Area : 98,881 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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