$15,000,000
$1,600,000
837.5%For more information regarding the value of a property, please contact us for a free consultation.
4.81 Acres Lot
SOLD DATE : 10/01/2024
Key Details
Sold Price $15,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision ,Beaumont
MLS Listing ID IV24064192
Sold Date 10/01/24
HOA Y/N No
Lot Size 4.810 Acres
Acres 4.81
Property Description
SALE OR 50-50% JOINT VENTURE.WITH JV REFUND OF INVESTMENT AFTER FIRST YEAR OF RENTAL . CALL FOR FURTHER DETAILS. HAVE PLANS TO BUILD 60 2 B/R 2 BA SENIOR RENTAL HOMES. !!!!
CORNER LOT IN PRIME BEAUMONT AREA OF IST STREET AND PENNSYLVANIA AVE. FABULOUS 4.81 AC FLAT CORNER LOT WALKABLE TO BEAUMONT SHOPPING & FUTURE METROLINK STATION. SIGNAL INTERSECTION- FWY CLOSE. 100+ PERMITTED CITY LAND USES SUCH AS 140 APARTMENTS OR OTHER RESIDENTIAL OR COMMERCIAL USES.2 FIRE HYDRANTS. NOTHING COMPARABLE FOR THE PRICE IN BEAUMONT. PARTIAL CURB/SIDEWALK IN. DONT PASS THIS UP !!! OWNER/BROKER.
ADDRESS: 1101 E. Ist STREET
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Zoning "TOD" OVERLAY
Interior
Fireplace No
Exterior
Fence None
Community Features Curbs, Suburban
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Sewer Not Available
View Y/N No
View None
Present Use Commercial,Investment,Multi-Family,Residential
Building
Lot Description 26-30 Units/Acre, Flat
Sewer None
Water Public
New Construction No
Others
Senior Community No
Tax ID 418341009
Acceptable Financing Owner Will Carry, Private Financing Available
Listing Terms Owner Will Carry, Private Financing Available
Financing Private
Special Listing Condition Standard
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Bought with NONE NONE • None MRML
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Scott Greenspan
Broker Owner