Active
46170 Jefferson ST
LA QUINTA CA, 92253
$2,500,000
$11.04 per sqft
Active
5.2 Acres
Land
Great investment opportunity. A READY TO BUILD 40 APARTMENTS PROJECT IN LA QUINTA. La Quinta is known as The Gem of the Desert. It offers sunny weather all year round with spectacular mountain views. Luxurious living, countless outdoor recreation activities, boutique shopping, and world-class golf courses. The project is to build 40 apartment units in 5 individual buildings on a 5.6 acres (total 11 parcels). Next to a golf course located on the north side of 111 hwy & east of Jefferson Street. All construction permits (Grading, block wall, building) are approved and final. School fees, sewer line, water line are paid, and performance bonds are posted. CONSTRUCTION CAN BE STARTED IMMEDIATELY. Building #1 consists of 8 apartment units, building #2 consists of 12 apartment units, building #3 consists of 2 apartment units, building #4 consists of 6 apartment units, building #5 consists of 12 apartment units. 34 units offer 2beds/2 baths with walk-in closet, island kitchen, air conditioning, balcony, dishwasher, ceiling fan and more. 6 units offer 3 beds/2 baths with the same amenities. Total living spaces for all 5 buildings are 46,478 s.f. in a luxury community with pool & spa, BBQ, patios, recreation area & dog walks area, etc. Selling price is $2.5 million for the land and the plans. Buyer to reimburse seller all actual permits fees and fees for school district, sewer line, water line & electric line. Please contact Agent for more information of Seller reimbursement.
TR23116377MR
MLSⓇ ID
July 1, 2023
Listed
September 13, 2024
Updated
Map
46170 Jefferson ST
LA QUINTA CA, 92253
Exterior/Building Features
Lot Size
5.2 Acres
Other Property Details
Area Name
La Quinta North of HWY 111, Indian Springs
Days on Market
178
Garage
No
View
Yes
County
Riverside
Water Source
Public
Pool
No
Zoning
R1
Listed by Christina Wong with Newco Realty
Listing Contact: 626-826-4753
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©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/13/2024