0 Avenue 50, La Quinta, CA 92253

$4,500,000
Property Type: Land Lot Size (sq. ft.): 602,870 Status: Closed
Current Price: $4,500,000 List Date: 8/13/2019 Last Modified: 11/18/2024

Overview

Description

This rare prime corner opportunity within the affluent resort area of South La Quinta consists of 13.84 Gross Acres of land (9.5 to 10 min. net developable acres). The site development permit was previously approved here for 208 senior independent living, assisted living, and/or memory care here units, and the La Paloma Specific Plan is still valid. The city may also consider other uses here such as market-rate multi-family, residential, hospitality, commercial, and/or mixed-use.

Listing Details MLS# 219021767

General Property Information

Pool
No
Lot Size Acres
13.84
Lot Size Area
602870
Lot Size Source
Assessor
CrossStreet
NEC Washington Street and Avenue 50

Property Features

Present Use: Vacant Sale Type: Standard Listing Terms: Submit Land Lease Type: Fee Simple

Listing Location and Property Info

Parcel Number
646070016
Listing Contract Date
2019-08-13
Original List Price
5950000
Street Name
Avenue 50
County
Riverside
State
CA
Postal Code
92253
MLS Area
313 -La Quinta South of HWY 111

Tax Info

Tax Mello Roos
Unknown

Property Info

View
No
Senior Community
No
Gated Community
No

Status Change Info

StatusChangeDate
2021-10-11
Purchase Contract Date
2021-04-19
Close Date
2021-10-08
Close Price
4500000

More Information

HOA Information

Association
No

Lot Features

Raw Land
Yes
Listing Office: The Hoffman Company
Listing Agent: Erik Christianson
Last Updated: November - 18 - 2024
Information deemed reliable but not guaranteed.
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