Residential Land For Sale

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

$699,500

Pierson Blvd
Desert Hot Springs, California, United States

Listed By: Realtyww Info

Listed On: 05/31/2023

Listing ID: GL10320125 View More Details

Description

Tremendous opportunity for a qualified investor to purchase 5 acres in the vibrant Desert Hot Springs market and built 80 + apartment complex. The land is zoned High Density and per the city of Desert Hot Springs, an investor could build twenty to thirty (20-30) units per acre of Low-Income Affordable Housing. Currently there is a Tentative Map approved for an eight (8) lot subdivision that could accommodate 80-to-84 units on the parcel.

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Listed by: Coldwell Banker Realty - Palm Springs

Source: The World Property Journal

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