Palm Dr @ 15th - Residential LAND FOR SALE


Desert Hot Springs, CA 92240 1,089,000 SF
$5,000,000 USD
888-281-5048
Palm Dr @ 15th, Desert Hot Springs, CA for Sale
$5,000,000 USD
Residential LAND - FOR SALE
1/11
1,089,000 SF

Palm Dr @ 15th
Desert Hot Springs, CA 92240


HIGHLIGHTS

  • Prime 402 Unit Approved Condominium Development Site
  • High Demand Entry-Level Housing
  • 100% 2BR 2BA - Dual Master Suite 1245 SF units with 2-level Community Center
  • SELLER FINANCING AVAILBLE

OVERVIEW

Now offered at $5,000,000 with SELLER FINANCING AVAILABLE. Incredible land cost of only $12,438 per unit. Previous buyer paid $9,000,000 in 2022 . Broker Cooperation. Lender-owned via trustee sale. Previously sold for $9 million. All statements, documents, pro forma financial information and photos are believed to be accurate but not guaranteed by Broker or Seller. Buyer is encouraged to perform adequate due diligence to investigate all aspects of the property, future development, pro forma costs and revenue.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/ACRE

$200,000/AC

PRICE/SF

$5 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

402 Unit Condo Project-SELLER FINANCING

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Master Planned Community

LAND ACRES

25 AC

LAND SF

1,089,000 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

RH

APN/PARCEL ID

656-030-005,656-030-006,656-030-007,656-030-008

ASK ABOUT THIS PROPERTY

Randy SmithsmithREgroupMore Info
888-281-5048

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Randy SmithsmithREgroupMore Info
888-281-5048

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