Pierson Boulevard, Desert Hot Springs
Desert Hot Springs Home For Sale
The subject prime 4.24 rare zoned acres on Pierson Boulevard (600 feet of frontage) provides the opportunity for up to 64 multi-family units and/or commercial near new major developments including the 2,000+ residential home Skyborne Masterplan. The City of Desert Hot Springs is booming, not only because of the current flee to well-located suburban markets with affordable housing, but also because of the fast growing cannabis industry in the city which is 'ground-zero' here for the state of California. The City of Desert Hot Springs was one of the first cities to adopt pro-cannabis development policies including cultivation, manufacturing, distribution, and retail - which has just recently brought in thousands of brand new jobs to the city (which also creates a higher demand for new single & multi-family development), and millions of dollars of new tax revenue to the city. With the major new increased growth and advancement in city finances and jobs, the city has been awarded an 'A+' rating (by California State Auditor), and Desert Hot Springs is now considered one of the most financially stable cities in the state.
Property Details
Additional Information
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- City:
- Desert Hot Springs
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- County:
- Riverside
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- Zip:
- 92240
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- MLS® #:
- 219061872DA
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- Lot Size:
- 0.00
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- Neighborhood:
- Not Applicable-1
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- HOA Dues:
- $
Price Change History for Pierson Boulevard, Desert Hot Springs, (MLS® #219061872DA)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $650,000) | $550,000 | $100,000 (15.38%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 15th, 2024 at 7:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.