Catylist ID:
#30643856
| Catylist Listing ID: | 30643856 |
| Property Subtypes: | Multi-Family, Office, Residential (Single Family), Retail |
| Gross Land Area: | 0.28 Acres |
| Sale Price: | $510,000 |
| Unit Price: | $1,821,428 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 1/15/2021 |
Overview / Comments
|
Two adjacent commercially zoned properties close to City Hall in Coachella. The parcels can be combined to create 0.2818 AC for a new building. Adjacent to Mechanics Bank in downtown area. Properties can be used for either residential or commercial purposes. Ideal location for either medical offices or general office uses. Could be the site of a new 4-plex residential building. APN 778-090-001 is a 0.14 AC parcel that is located on the SW corner of Orchard Avenue and 5th Street. A 1,724 SF duplex is currently on the property. It can be converted to office use or torn down to make way for a new building. APN 778-090-003 is a 0.1418 AC parcel with an old house on it. This is a teardown opportunity, either for a new house or for adding the property to the adjacent property. |
Attachments & Media
Additional Details
| Nearest MSA: | Riverside-San Bernardino-Ontario |
| County: | Riverside |
| Taxing Authority: | Riverside County |
| Tax ID/APN: | 778090003 and 778090001 |
| Zoning: | COMMERCIAL |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 28,706 | 59,567 | 125,806 |
| Median Age: | 24.67 | 26.62 | 31.22 |
| Households: | 6,400 | 14,456 | 35,457 |
Sponsoring Organization
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