$220,000
$237,500
7.4%For more information regarding the value of a property, please contact us for a free consultation.
0.39 Acres Lot
SOLD DATE : 03/07/2019
Key Details
Sold Price $220,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 218019220DA
Sold Date 03/07/19
HOA Y/N Yes
Lot Size 0.392 Acres
Property Description
Build 4 homes as the city will allow for units! Incredible opportunity for this over-sized one of a kind lot in central Palm Desert. Zoned W2 which allows 60% lot coverage & you can Subdivide into 4 lots which comes out to $62,500 per lot. A single family home could be 10,257 sqft. Perfect for owner builder or investor(s) looking to develop for cash flow, investor to build and sale and please know that the City of Palm Desert would be open to subdividing the lot. The City of Palm Desert just re-zoned a certain section of Palm Desert and this lot was part of it and it was rezoned to allow 4 homes with a max of 60% lot coverage.
Location
State CA
County Riverside
Area 322 - North Palm Desert
Interior
Fireplace No
Exterior
View Y/N Yes
View Mountain(s)
Others
Senior Community No
Tax ID 640074002
Financing Cash
Special Listing Condition Standard
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Bought with Mitchell Matthews • RE/MAX Consultants
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”