82489 Valencia, Indio, CA 92201

$399,000

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List Price
$399,000
Price Change
▼ $96,000 1773012018
Status
ACTIVE
MLS#
OC-25226985
Lot Size
14,000
Lot Location
16-20 Units/Acre
Days on Market
304
Property Type
Land

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.

Additional Information

Land Lease Type
Fee
Lot Description
16-20 Units/Acre
View
None

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Calculator source: Real Geeks

Listing courtesy of Bay Property Management & Rlty.