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$495,000

Est. payment - /mo

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4 Sqft Lot

Active

0 Pierson Boulevard Desert Hot Springs, CA 92240

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219061872DA

HOA Y/N Yes

Lot Size 4 Sqft

Property Description

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.

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Interior

Inclusions 664-040-015

Fireplace No

Exterior

View Y/N No

Building

Sewer Other, Unknown

Others

Senior Community No

Tax ID 664040015

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Listing Terms Submit

Special Listing Condition Standard

Listed by Erik Christianson The Hoffman Company

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