Desert Hot Springs, CA 92240,0 Hacienda AVE
Desert Hot Springs, CA 92240,0 Hacienda AVE
Desert Hot Springs, CA 92240,0 Hacienda AVE
Desert Hot Springs, CA 92240,0 Hacienda AVE
Desert Hot Springs, CA 92240,0 Hacienda AVE
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$180,000

$240,000

25.0%
Est.Price: ?

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Est. payment /mo

4.09 Acres Lot


SOLD DATE : 08/23/2024

Key Details

Sold Price $180,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219095958DA

Sold Date 08/23/24

HOA Y/N Yes

Lot Size 4.090 Acres

Property Description

INCREDIBLE OPPORTUNITY!! For sale is a prime approximate 4-acre panoramic southern view parcel located at the corner of Hacienda and Verbena which includes prime Hacienda Street frontage. Per planning department, subject property is zoned VS-C. Per DHS municipal code, Land Use Standards for VS-C include Resorts, Hotel, Shopping Centers, Multi Family, and other uses. Property sits over one of the cities prime geothermal hot spring water areas. ADDITIONALLY, the subject property is in the QUALIFIED OPPORTUNITY ZONE (QOZ)!!! The Tax Cuts and Jobs Act of 2017 created QOZs to provide encouragement and potentially significant tax benefits to investors who invest into communities designated for economic development. Finally, the city has been given a grant to complete sidewalks and lights along Hacienda including a signal at Hacienda & Verbena corner. Property recently cleared. The adjacent lot, APN 641-282-004, is also available as a separate approximate 4 acres listing for $399,000 which could total your lot size to 8 acres! All information must be confirmed with city of DHS.

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Interior

Fireplace No

Exterior

View Y/N Yes

View Desert, Mountain(s)

Others

Senior Community No

Tax ID 641282005

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Joel Pearce • Joel Pearce, Broker
Bought with Jian Xing • Star Max Realty
agent-avatar

+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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