Landau Blvd - Residential LAND FOR SALE


Cathedral City, CA 92234 42,253 SF
$1,250,000 USD
Landau Blvd, Cathedral City, CA for Sale
$1,250,000 USD
Residential LAND - FOR SALE
1/6
42,253 SF

Landau Blvd
Cathedral City, CA 92234


HIGHLIGHTS

  • Lot 1: 675-051-001, 10,019 SqFt
  • Lot 2: 675-051-002, 8,276 SqFt
  • Lot 3: 675-051-003, 8,276 SqFt
  • Lot 4: 675-051-004, 7,841 SqFt
  • Lot 5: 675-051-021, 7841 SqFt

OVERVIEW

This offering presents a rare and robust opportunity for developers seeking a well-positioned site in Cathedral City, California. The listing features five contiguous parcels bundled together, providing the critical mass necessary for a high-impact residential project. Key Investment Highlights: • Exceptional Zoning: The property is designated High Residential (20-24 dwelling units per acre) under the Cathedral City General Plan. This favorable zoning allows for the construction of multi-family housing, townhomes, or apartments, addressing the strong demand for housing in the Coachella Valley region. • Ideal Size & Configuration: The combined area of .97Acres (42,253 Sq Ft) is optimally sized for efficient site planning and construction of a compact, high-density residential community. • Prime Location: Situated in a key area of Cathedral City, the site benefits from strong regional access and proximity to local amenities, retail centers, dining, and transportation corridors, enhancing its attractiveness to future residents. Financial Summary Asking Price:$1,250,000 Price Per SF: $29.58 Lot Size: .97 Acres (42,253 Sq Ft) Property Type: Land Zoning: Cathedral City General Plan property is designated High Residential (20-24 du/ac) Lots: 5 APN: 675-051-001, 675-051-002, 675-051-003, 675-051-004, 675-051-021 County: Riverside Development Potential: Given the High Residential designation, a developer could potentially achieve a maximum yield of 19 to 23 units on this .97-acre site, subject to local planning approvals and specific development standards. This density offers an excellent foundation for maximizing return on investment through the construction of condominiums or rental units. Note: Prospective buyers are strongly advised to conduct independent due diligence with the City of Cathedral City Planning Department to confirm current setback requirements, maximum density calculations, and utility availability for their specific development plans. Land Use Planning firm, regarding possible development opportunities for this acreage. Conceptual Site Plan E • 20 Townhouses • Approx 1,600 sq feet each • 3 stories tall • Attached 2-car garage. Conceptual Site Plan F • 28-unit apartment complex or Condo utilizing Low-Income credits/State of California Bonus Density Credits.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/ACRE

$1,288,666/AC

PRICE/SF

$30 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Single Family Development

LAND ACRES

0.97 AC

LAND SF

42,253 SF

OFFSITE IMPROVEMENTS

-

ZONING

HR

APN/PARCEL ID

675-051-001,675-051-002,675-051-003,675-051-004,675-051-021

ASK ABOUT THIS PROPERTY

Research In ProgressResearch In ProgressMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Research In ProgressResearch In ProgressMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.