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46170 Jefferson Street

La Quinta, CA 92253
  • $2,500,000
  • STATUS: ACTIVE
  • ON SITE: 90 Days
  • ID#: TR23115004
UPDATED: 57 min ago
$2,500,000
  • 5
    BEDS
  • 5.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Great investment opportunity in La Quinta. 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 beautiful mountain views. Luxurious living, countless outdoor recreation activities, boutique shopping, and world-class golf courses. A ready to build 40 apartment units in 5 individual buildings located on a 5.6 acres community (total 11 parcels), next to a golf course located on the north side of 111 hwy & east of Jefferson Street. All construction permits have been approved by the City. The school fees are paid, and performance bonds are posted. Construction can be started immediately. The project consists of 5 individual buildings on a community space with spectacular mountain views. Building #1 consists of 8 units, building #2 consists of 12 units, building #3 consists of 2 units, building #4 consists of 6 units, building #5 consists of 12 units. 34 units offer 2 beds/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 will be 46,478 s.f. There will be a pool & spa, BBQ, patios, recreation area & dog walks area, etc. Selling price is $2.5 million and Buyer to reimburse seller actual permits fees and school fees. Please contact Agent for more information. Great investment opportunity in La Quinta. 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 beautiful mountain views. Luxurious living, countless outdoor recreation activities, boutique shopping, and world-class golf courses. A ready to build 40 apartment units in 5 individual buildings located on a 5.6 acres community (total 11 parcels), next to a golf course located on the north side of 111 hwy & east of Jefferson Street. All construction permits have been approved by the City. The school fees are paid, and performance bonds are posted. Construction can be started immediately. The project consists of 5 individual buildings on a community space with spectacular mountain views. Building #1 consists of 8 units, building #2 consists of 12 units, building #3 consists of 2 units, building #4 consists of 6 units, building #5 consists of 12 units. 34 units offer 2 beds/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 will be 46,478 s.f. There will be a pool & spa, BBQ, patios, recreation area & dog walks area, etc. Selling price is $2.5 million and Buyer to reimburse seller actual permits fees and school fees. Please contact Agent for more information.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/141118330
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46170 Jefferson Street La Quinta, CA 92253

  • Price: $2,500,000
  • Status: ACTIVE
  • On Site: 90 Days
  • Updated: 57 min ago
  • ID#: TR23115004
5
Beds
0
Baths
0
½ Baths
5.2
Acres
Neighborhood:
Riv Cty-La Quinta (92253)
County:
Riverside
Area:
Riv Cty-La Quinta (92253)
Property Description
Great investment opportunity in La Quinta. 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 beautiful mountain views. Luxurious living, countless outdoor recreation activities, boutique shopping, and world-class golf courses. A ready to build 40 apartment units in 5 individual buildings located on a 5.6 acres community (total 11 parcels), next to a golf course located on the north side of 111 hwy & east of Jefferson Street. All construction permits have been approved by the City. The school fees are paid, and performance bonds are posted. Construction can be started immediately. The project consists of 5 individual buildings on a community space with spectacular mountain views. Building #1 consists of 8 units, building #2 consists of 12 units, building #3 consists of 2 units, building #4 consists of 6 units, building #5 consists of 12 units. 34 units offer 2 beds/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 will be 46,478 s.f. There will be a pool & spa, BBQ, patios, recreation area & dog walks area, etc. Selling price is $2.5 million and Buyer to reimburse seller actual permits fees and school fees. Please contact Agent for more information. Great investment opportunity in La Quinta. 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 beautiful mountain views. Luxurious living, countless outdoor recreation activities, boutique shopping, and world-class golf courses. A ready to build 40 apartment units in 5 individual buildings located on a 5.6 acres community (total 11 parcels), next to a golf course located on the north side of 111 hwy & east of Jefferson Street. All construction permits have been approved by the City. The school fees are paid, and performance bonds are posted. Construction can be started immediately. The project consists of 5 individual buildings on a community space with spectacular mountain views. Building #1 consists of 8 units, building #2 consists of 12 units, building #3 consists of 2 units, building #4 consists of 6 units, building #5 consists of 12 units. 34 units offer 2 beds/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 will be 46,478 s.f. There will be a pool & spa, BBQ, patios, recreation area & dog walks area, etc. Selling price is $2.5 million and Buyer to reimburse seller actual permits fees and school fees. Please contact Agent for more information.
Exterior Features

Pool Community/Common

Interior Features

Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2

Property Features

Annual Expense Actual 189020 Buildings 5 Cfd Mello Roos Fee 45.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 1195200 Monthly Total Fees 3 Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Zoning Builder

San Diego MLS logo Listing provided courtesy of Christina Wong of Newco Realty: 626-826-4753. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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