$529,000
$121K PRICE DROP

0 Pierson Blvd Unit 219061872 Desert Hot Springs, CA 92240

Estimated payment $3,498/month

Total Views 5,818
4.24 Acres
$124,764 Price per Acre
184,694 Sq Ft Lot

About This Lot

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.

Last Listed By

Erik Christianson

License #01475105 Listed on: 05/11/2021

Property Details

Property Type

  • Land

Lot Details

  • 4.24 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 664040015

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: D
  • Included In Sale: 664-040-015
  • Internal Listing I D: 20210511185109617642000000
  • Listing I D: 219061872
  • Listing Member Address: 18881 Von Karman Ave., Ste 150, Irvine, CA 92612
  • Listing Office Address: 18881 Von Karman Ave., Ste 150, Irvine, CA 92612
  • Listing Office Fax: (949) 553-8449
  • List Office Board Code: California Desert Association of Realtors
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Unknown

Lot Info

  • Assessor Parcel Number: 664040015
  • Lot Acres: 4.2400
  • Lot Size: 4.24

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2024 12/24/24 Price Changed $529,000 -3.8% --
02/11/2022 02/11/22 Price Changed $550,000 -15.4% --
05/11/2021 05/11/21 For Sale $650,000 -- --
Source: California Desert Association of REALTORS®

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    $525,000

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    • 22215 Palm Dr
    • Desert Hot Springs, CA

    Investor opportunity, excellent location right off Palm Drive exit on interstate10.Head North to Desert Hot Springs and the world-class naturally occurring hotmineral springs, head South to the Palm Springs International Airport.The City if Desert Hot Springs is business friendly. The property is zonedcommercial highway, ready for someone to turn into a retail development,restaurant, hotel,

    Felipe Hernandez Equity Union

    Section Image

Source: California Desert Association of REALTORS®

MLS Number: 219061872

California Desert Association of REALTORS®