Description for
0 Pierson BoulevardDesert Hot Springs, CA 92240
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.
Price
$550,000
Not Applicable-1
Riverside
219061872DA
Active
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.
Listing Information
Property Type: Land, Other
Other
Not Applicable-1
Other,Unknown
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
Driving 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.
Financial Considerations
664040015
Submit
664-040-015
Listing Price History
Desert Hot Springs Real Estate
Desert Hot Springs is located in California.
Desert Hot Springs, California 92240 has a population of 29,075.
The median household income in Desert Hot Springs, California 92240 is
$39,164.
The median household income for the surrounding county is $70,543
compared to the national median of $66,222.
The median age of people living in Desert Hot Springs 92240 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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No information is available for recently sold properties within this search.