$150,000
$150,000
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0 Valencia AVE Indio, CA 92201
0.32 Acres Lot
Key Details
Sold Price $150,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219086518DA
Sold Date 12/19/22
HOA Y/N Yes
Lot Size 0.320 Acres
Acres 0.32
Property Description
Outstanding investment opportunity to own this nearly 14,000 SF real estate directly across Miles Park. This property is in an 'opportunity zone' allowing for great tax incentives AND zoned 'Connected Neighborhood High' which allows for a multifamily complex of up to 20 Units per acre! Zoning also allows the multifamily apartment complex to be used for Short Term Rental purposes! Seller Finance available - you can get into this great property for as low as 60% down! The seller will carry the additional financing. Tax incentives, utilities on property, city park frontage, nearby restaurants, city events, apartment complex with STR capabilities and seller financing = Outstanding Investment opportunity!
Location
State CA
County Riverside
Area 699 - Not Defined
Interior
Fireplace No
Exterior
View Y/N Yes
View Park/Greenbelt, Mountain(s)
Others
Senior Community No
Tax ID 611056010
Acceptable Financing Owner Will Carry, Owner May Carry
Listing Terms Owner Will Carry, Owner May Carry
Financing Cash
Special Listing Condition Standard
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Bought with Scott Ayres • Bay Property Management & Rlty