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    000 Verbena Drive & Pierson Blvd.

    Desert Hot Springs, CA 92240
    • $775,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 219060033
    UPDATED: 58 min ago
    $775,000
    • 0
      BEDS
    • 2.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Not Applicable
    Type:
    Vacant Land / Lots
    County:
    Riverside
    Area:
    340 - Desert Hot Springs

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    Description

    Excellent Investment OpportunityLocation, Location, Location, in the Heart of Desert Hot Springs! Gorgeous Mountain Views. Zoned residential high density usage. Possibility to build up to 66 units per city.Desert Hot Springs has been designated an Opportunity Zone, developers can defer or eliminate capital gain taxes up to 39% per million tax credit over 7 years, the California Business and Economic development Go-Biz initiative is offering income tax credit to business, and this parcel is in that opportunity zone. Excellent Economic Opportunity for developers. Owner may carry.Great buy!

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    ©2021 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California, Inc.. Based on information from the California Desert Association of Realtors as of 2021-04-17T23:35:13. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.brandiprattrealestate.com/homes/115809202
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    000 Verbena Drive & Pierson Blvd. Desert Hot Springs, CA 92240

    • Price: $775,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 219060033
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.2
    Acres
    Neighborhood:
    Not Applicable
    County:
    Riverside
    Area:
    340 - Desert Hot Springs
    Property Description
    Excellent Investment OpportunityLocation, Location, Location, in the Heart of Desert Hot Springs! Gorgeous Mountain Views. Zoned residential high density usage. Possibility to build up to 66 units per city.Desert Hot Springs has been designated an Opportunity Zone, developers can defer or eliminate capital gain taxes up to 39% per million tax credit over 7 years, the California Business and Economic development Go-Biz initiative is offering income tax credit to business, and this parcel is in that opportunity zone. Excellent Economic Opportunity for developers. Owner may carry.Great buy!
    Exterior Features

    Pool No Spa Hot Tub No View Yes View Type Mountain(S)

    Property Features

    Cross Streets Palm Street Land Lease Type Fee Listing Terms Cash To New LoanConventionalOwner Will Carry Sale Type Standard Senior Community No Sewer Unknown Tax Mello Roos Unknown

    Listing information © 2021 California Desert Association of Realtors.
    Listing provided courtesy of Heidi Helbig of Berkshire Hathaway Homeservices California Properties.
    ©2021 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California, Inc.. Based on information from the California Desert Association of Realtors as of 2021-04-17T23:35:13. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
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    San Ramon CA, 94583