Views
Address
50503 Van Buren Street Coachella, CA
Price
$ 6,500,000
Property Attributes
  • MLS#SR19277679
  • TypeLand
  • CountyRIVERSIDE
  • CityCoachella
  • AreaCoachella
  • NeighborhoodOther
  • Zip92236
  • Style
  • Price$ 6,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size39.4 Acres
Listing Provided Courtesy Of:
Michael Nigosian with Michael Nigosian Realtor - 760-831-9971
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

39.4 Acre Multi Family, or Single Family development site located in the City of Coachella. Less than 2 miles form the world renowned Coachella Valley music festival located at the Empire Polo Grounds. This parcel has been recently identified by the city of Coachella in the General Plan for use as Medium to High density residential use. Previously approved City of Coachella subdivision map #34527 with 186 Residential Lots (Approved in 2006, currently expired) and all background documents included with sale (Environmental Checklist and Assessment)(Phase I Environmental Assessment) (Phase II Environmental Assessment)(Geotechnical Investigation)(Paleontological Resource Assessment Report) (Historical/Archeological Resource Survey Report)(2006 Traffic Impact Analysis)No Standby Charges for Canal water use. Buyers to do their own due diligence and investigations regarding the development opportunities. Sellers and Agents make no guarantee of the accuracy of any provided information regarding the development.

Price History
12/8/2019 Listed $8,000,000
1/31/2020 13% - $7,000,000
4/25/2020 4% - $6,750,000
2/5/2021 12% - $6,000,000

General Features

Additional Parcels Description 767150003
Additional Parcels Y/N Yes
Community Features Biking, Rural, Sidewalks
Listing Agent Michael Nigosian - BRE#01892381
Listing Agent State License 01892381
Lot Size Square Feet 1716264
MLS Area 315 - Coachella
Property Type Land
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Subdivision Name Other (OTHR)
Terms Conventional
View Mountain(s)
Zoning A210

Exterior Features

Lot Features 21-25 Units/Acre
Lot Size Acres 39.4
Lot Size Area 39.4
Lot Size Source Assessor
Lot Size Units Acres
View Y/N Yes
Water Source Public, Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 92236

Price
AVG $6.5M
$6.5M
Visits
AVG 148
522
Walkscore
AVG 29
19
Data Provided by Walkscore ® not using MLS data

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