Courtesy of: Dan Mobley 00601312 | | Coldwell Banker Realty
Days On Market: 127
Address: 38768 Square Foot Lot
City: Desert Hot Springs
Neighborhood: Desert Hot Springs
the Picture shows the road leading to the a great price for R4 land. Check with the City of Desert Hot Springs for the best use here. I believe a 16 unit apartment building may be built using 40% of the land that has been prepared by removing the concrete and completing the engineering reports. Bids presented to the seller to achieve a buildable lot were prepared in May 2021 and suggest a cost of about $100,000. The lot approval for construction can be presented to the City within just 45 days and a buyer may use that time to prepare plans for type of structures desired. This is a unique opportunity in a location with multiple newer homes being approved for development within the next few months. Those home may provide retaining walls for the sloped land to the east and north which should offer cost savings on the development of this property.
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