$200,000
$197,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
8,712 Sqft Lot
SOLD DATE : 06/14/2022
Key Details
Sold Price $200,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219078065DA
Sold Date 06/14/22
HOA Y/N Yes
Lot Size 8,712 Sqft
Property Description
INVESTMENT OPPORTUNITY. As the exclusive listing brokers, we are pleased to present the opportunity to acquire a beautiful R-2 lot adjoining 2 DE-O lots, which are also available separately, in a highly demanded and newly created Downtown District of Palm Desert. The creation of several rentable units near Highway 111, El Paseo, San Pablo Avenue and the new Downtown Palm Desert which is planned for higher density makes this area a true hot spot. Several Rentals allow for mail box money potential!The City's newly updated General Plan identifies San Pablo Avenue as a key area for transformational change to facilitate the creation of a downtown/city center. The urbanization of the Downtown Palm Desert offers incredible opportunity and access to shopping, restaurants, and other commercial services at El Paseo and Highway 111 with residential neighborhoods and civic uses including Palm Desert City hall, College of the Desert, Civic Center Park, and the future CVLink.
Location
State CA
County Riverside
Area 322 - North Palm Desert
Interior
Fireplace No
Exterior
Fence Block, Chain Link, Partial
Community Features Park
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities
View Y/N Yes
View Mountain(s), Peek-A-Boo
Building
Lot Description Corner Lot, Level, Near Park, Rectangular Lot
Others
Senior Community No
Tax ID 627182004
Acceptable Financing Cash to New Loan, Conventional, Owner May Carry
Listing Terms Cash to New Loan, Conventional, Owner May Carry
Financing Cash
Special Listing Condition Standard
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Bought with Veronica Aki • BHHS CA Properties