Listing by: Erik Christianson, The Hoffman Company

0 Beds

n/a Full bath

n/a SqFt

Active

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.

Property Details
Price $550,000
Lot Size Area 4.24
Lot Size Area Units Square Feet
Property Type Land
Subdivision Not Applicable-1
Geographic Data
Directions From Downtown Desert Hot Springs:Head south on Palm Dr toward Acoma Ave,Turn right onto Acoma Ave,Turn right at the 1st cross street onto Cactus Dr,Turn left at the 1st cross street onto Pierson Blvd,Property will be on your right.
County Riverside
Latitude 33.961701
Longitude -116.557056
Market Area 340 - Desert Hot Springs
Address Information
Address 0 Pierson Boulevard, Desert Hot Springs, CA 92240
Postal Code 92240
City Desert Hot Springs
State CA
Country United States
Listing Information
Listing Office The Hoffman Company
Listing Agent Erik Christianson
Special listing conditions Standard
MLS Information
Days on market 1286
MLS Status Active
Listing Date May 11, 2021
Listing Last Modified Nov 18, 2024
Tax ID 664040015
MLS Area 340 - Desert Hot Springs
MLS # 219061872DA

This information is believed to be accurate, but without any warranty.
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