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0 AVENUE 44, INDIO, CA

  • $1,100,000 -$550,000
  • 0Beds
  • 0Baths
  • Sqft
  • Style
  • Lot/Land
  • Listed Date 06/22/2017
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  • Open House
  • NEWLY PRICED -$550,000
  • Luxury
  • Pending
  • New Listing 06/22/2017
  • Coming Soon
  • Sold
  • Rental
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** PRICE JUST REDUCED ** The subject property is a fully entitled and permit ready 60-unit multi-family residential development site located on Avenue 44 just west of Jackson Street in the booming city of Indio. This development opportunity will be delivered with all final city approvals for the construction of 60 residential units in six separate buildings along with a full set of blueprints for the development. The seller just paid $50,000 to obtain the grading permit for this project. The site is rectangular in shape with ±836’ of frontage along Avenue 44 with a depth of ±286’. The topography of the site is flat and all of the utilities are to the site. The neighborhood surrounding the subject property is primarily single family residential in nature with a few small retail strip centers and several schools. All 60 units in this development are designed to be 2 bedroom - 2 bath units of 1,050 square feet. Twelve of the units are scheduled to be ADA-compliant. Each unit will also have an attached 2-car garage along with either a private patio or balcony. Amenities will include a club house, a gymnasium with shower facilities, a swimming pool with a Jacuzzi, barbeque and play areas with equipment. Fully entitled “shovel-ready” projects are very difficult to find in Southern California and this property is very well positioned to take full advantage of the exploding Indio multi-family apartment market.

Listing courtesy of: Matthew Wenzel, Marcus & Millichap
  • Property type: Lot/Land
  • Status: Active
  • List Price: $1,100,000
  • MLS# PW17141709
  • Beds: 0
  • Baths: 0
  • Listed: 06/22/2017
  • Sqft:
  • Additional Parcels Description: 611-125-007
  • Attached Garage YN: No
  • Auto Sold YN: No
  • Community Features: Curbs
  • Cooling YN: No
  • County Or Parish: Riverside
  • Elevation Units: Feet
  • Heating YN: No
  • Fireplace YN: No
  • Foreclosure YN: No
  • New Construction YN: No
  • Pool YN: No
  • REO or Bank Owned YN: No
  • WaterWellYN: No
  • Zoning: Multi-Family

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Nearby Schools

andrew jackson elementary school (k-5)
82850 kenner ave
indio, CA 92201
place0.67 miles from listing, web Website 30 students per teacher Educational climate index: below average
25 staff members 750 total students Poverty level:16 - 29.9 percent percent Enrollment change: -1% to -5%
herbert hoover elementary school (k-5)
44300 monroe st
indio, CA 92201
place1.46 miles from listing, web Website 17 students per teacher Educational climate index: below average
30 staff members 520 total students Poverty level:16 - 29.9 percent percent Enrollment change: +5% to +10%
dwight eisenhower elementary school (k-5)
83391 dillon ave
indio, CA 92201
place0.29 miles from listing, web Website 22 students per teacher Educational climate index: below average
26 staff members 579 total students Poverty level:16 - 29.9 percent percent Enrollment change: +10% to +15%
amistad high (continuation) school (10-12)
44801 golf center pkwy
indio, CA 92201
place0.42 miles from listing, web Website 12 students per teacher Educational climate index: below average
31 staff members 389 total students Poverty level:16 - 29.9 percent percent Enrollment change: -15% to -20%
indio high school (9-12)
81750 avenue 46
indio, CA 92201
place1.95 miles from listing, web Website 24 students per teacher Educational climate index: below average
75 staff members 1800 total students Poverty level:16 - 29.9 percent percent Enrollment change: -20% to -50%
indio middle school (6-8)
81185 miles ave
indio, CA 92201
place2.37 miles from listing, web Website 22 students per teacher Educational climate index: below average
40 staff members 900 total students Poverty level:16 - 29.9 percent percent Enrollment change: -5% to -10%
thomas jefferson middle school (6-8)
83 089 hwy 111
indio, CA 92201
place1.08 miles from listing, web Website 22 students per teacher Educational climate index: below average
28 staff members 621 total students Poverty level:16 - 29.9 percent percent Enrollment change: -20% to -50%
theodore roosevelt elementary school (k-5)
83200 doctor carreon blvd
indio, CA 92201
place1.52 miles from listing, web Website 29 students per teacher Educational climate index: below average
21 staff members 620 total students Poverty level:16 - 29.9 percent percent Enrollment change: -10% to -15%
our lady of perpetual help school (preschool-8)
82470 bliss ave
indio, CA 92201
place1.19 miles from listing, web Website 12 students per teacher Educational climate index: below average
14 staff members 183 total students Poverty level:16 - 29.9 percent percent Enrollment change:
tom plonski christian school (1-12)
80817 hayleigh ct
indio, CA 92201
place3.45 miles from listing, web Website 11 students per teacher Educational climate index: below average
1 staff members 11 total students Poverty level:16 - 29.9 percent percent Enrollment change:
fountain christian academy (k-8)
82025 bliss ave
indio, CA 92201
place1.61 miles from listing, web Website Not Reported students per teacher Educational climate index: unclassified
2 staff members 7 total students Poverty level:16 - 29.9 percent percent Enrollment change:
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
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