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Listed by Scott Ayres • Bay Property Management & Rlty
$ 399,000
Est. payment /mo
Price Dropped by $96K
82489 Valencia Indio, CA 92201
0.32 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-25226985
Lot Size 0.321 Acres
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Unique opportunity to purchase 6 buildable lots on 0.32 acres near downtown Indio. Zoned for CN-20, Connected Neighborhood 20 which allows residential and mixed-use. The 6 lots could hold up to 18 total units if ADUs and JADUs were built on each lot. You could build on 3 lots, rent out 6 units, collect rent to pay your mortgage and live free in your own home. You then sell the other 3 lots individually and make a nice profit. There are lots of options with this tract map. Neighborhood is fully developed and utilities are right in the street making it very easy to build.
Location
State CA
County Riverside
Area 310 - Mecca/North Shore
Zoning CN-20
Exterior
Community Features Park
Utilities Available Sewer Available, Water Available, Cable Available, Electricity Available, Natural Gas Available
View Y/N No
View None
Building
Lot Description 16-20 Units/Acre