Hacienda Avenue, Desert Hot Springs, CA

$349,000

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About Hacienda Avenue

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.

Features of Hacienda Avenue

MLS® # 219096318
Price $349,000
Bathrooms 0.00
Acres 0.00
Type Land
Status Active

Community Information

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

Amenities

View Desert, Mountain(s), Panoramic
Has Pool No

Interior

Fireplace No

Exterior

Lot Description 171191

Additional Information

Days on Market 276
Short Sale No
RE / Bank Owned No

Listing Details

AgentDavid Leventhal
OfficeDavid Leventhal, Broker

Listing Map

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