$480,000

Owner may carry 35% down. High density residential 10 acres. City may allow for condos, large apartment buildings, or a mobile home park. Zoned Residential High Density (R-HD) 24 units per acre. The planning department may allow for 240 mobile homes or condos/apartments. There may be opportunities for more units under special low income housing programs. Property appears to have power, water, communications lines, pavement at the corner, & road access at either end of the lot. City is on septic and property may need a self-contained sewage septic system. Close to the Marine Base with about 12,500 active duty, 24,000 family members, & another 21,000 DOD employees & contractors. The nearby Joshua Tree National Monument sees about 3 million tourists annually. 29 Palms is experiencing a renaissance of new construction, businesses, restaurants, retail & cafes. The new Freedom Plaza Mall of 2022. In recent years we've seen new attractions such as the Tortoise Rock Casino & the 29 Palms Motorsports Complex. More celebrities, artists, & musicians are calling 29 Palms home than ever before. For a long time the area has been popular for retirees & snow birds. This is a great opportunity for an investment company to build & cash flow. Possibly the ideal property for low income housing grants. So many opportunities to optimize this property. Buyers must contact the city planners for all questions on building & uses. Buyers must contact the utilities agencies for all questions on utilities. APN: 0623-131-09 GPS 34.143854, -116.048511 Address is not an assigned address & is for marketing purposes only.