Pierson Boulevard, Desert Hot Springs, CA

$550,000

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4.24

Acres

About Pierson Boulevard

The subject prime 4.24 rare zoned acres on Pierson Boulevard (600 feet of frontage) provides the opportunity for up to 64 multi-family units and/or commercial near new major developments including the 2,000+ residential home Skyborne Masterplan. The City of Desert Hot Springs is booming, not only because of the current flee to well-located suburban markets with affordable housing, but also because of the fast growing cannabis industry in the city which is 'ground-zero' here for the state of California. The City of Desert Hot Springs was one of the first cities to adopt pro-cannabis development policies including cultivation, manufacturing, distribution, and retail - which has just recently brought in thousands of brand new jobs to the city (which also creates a higher demand for new single & multi-family development), and millions of dollars of new tax revenue to the city. With the major new increased growth and advancement in city finances and jobs, the city has been awarded an 'A+' rating (by California State Auditor), and Desert Hot Springs is now considered one of the most financially stable cities in the state.

Features of Pierson Boulevard

MLS® # 219061872
Price $550,000
Bathrooms 0.00
Acres 4.24
Type Land
Status Active

Community Information

Address Pierson Boulevard
Area 340 - Desert Hot Springs
Subdivision Not Applicable
City Desert Hot Springs
County Riverside
State CA
Zip Code 92240

Amenities

Has Pool No

Interior

Fireplace No

Exterior

Lot Description 4.24

Additional Information

Days on Market 1075
Short Sale No
RE / Bank Owned No

Listing Details

AgentErik Christianson
OfficeThe Hoffman Company

Listing Map

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