Report Listing

Residential Land For Sale

Picture of Residential Land For Sale in Desert Hot Springs, California, United States

$399,000

Hacienda Ave
Desert Hot Springs, California, United States

Listed By: Realtyww Info

Listed On: 06/17/2023

Listing ID: GL10021758 View More Details

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 and Verbena corner. Property recently cleared. The adjacent lot, APN 641-282-005, 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.

For more details:

Listed by: David Leventhal, Broker
Source: The World Property Journal

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