Thank you
David Leventhal
David Leventhal, Broker
661-251-1000
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 641-282-005, 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.
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Total Baths: 0
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 3.93
Lot Size Source: Assessor
Lot Size Square Feet: 171191
Original List Price: 349,000
Listing Contract Date: 2023-06-15
Listing Agreement: Seller Reserved
Parcel Number: 641282004
Association: Yes
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 340 - Desert Hot Springs
Directions: Corner of Verbena Dr and Hacienda Ave
Source Property Type: Land
Area: 340 - Desert Hot Springs
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
65995 Thornton Road, Desert Hot Springs, CA,92240 | $1,120,000 | 4 | 1 | 2,668 | 317988 Sqft |
Kolbe Road, Desert Hot Springs, CA,92240 | $140,000 | -- | -- | -- | 653400 Sqft |
Pierson Boulevard, Desert Hot Springs, CA,92240 | $550,000 | -- | -- | -- | 4.24 Acres |
12415 Pomelo Drive, Desert Hot Springs, CA,92240 | $65,000 | -- | -- | -- | 8276 Sqft |
Skyline Drive, Desert Hot Springs, CA,92240 | $697,000 | -- | -- | -- | 920858 Sqft |
Mission Lakes Boulevard, Desert Hot Springs, CA,92240 | $265,000 | -- | -- | -- | 114998.4 Sqft |
15th Avenue, Desert Hot Springs, CA,92240 | $180,000 | -- | -- | -- | 54886 Sqft |
Hacienda Avenue, Desert Hot Springs, CA,92240 | $889,900 | -- | -- | -- | 98881 Sqft |
Hacienda Avenue, Desert Hot Springs, CA,92240 | $889,900 | -- | -- | -- | 98881 Sqft |
16605 Indian Canyon Drive, Desert Hot Springs, CA,92240 | $1,560,500 | -- | -- | -- | 199940 Sqft |
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ByOwner last updated this listing 05/05/2024 @ 00:16
MLS: 219096318DA
LISTED BY: David Leventhal, David Leventhal, Broker
SOURCE: CRMLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.