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$1,250,000 / 42253ft2 - Prime Development Opportunity: Cathedral City Land (Cathedral City)
0 Landau Blvd, Cathedral City, CA 92234
0 Landau Blvd near Vista Chino
42253ft2
license info:
DRE 00624161
QR Code Link to This Post
Key Investment Highlights:
• Exceptional Zoning: The property is designated High Residential (20-24 dwelling units per acre) under the Cathedral City General Plan. This favorable zoning allows for the construction of multi-family housing, townhomes, or apartments, addressing the strong demand for housing in the Coachella Valley region.
• Ideal Size & Configuration: The combined area of .97Acres (42,253 Sq Ft) is optimally sized for efficient site planning and construction of a compact, high-density residential community.
• Prime Location: Situated in a key area of Cathedral City, the site benefits from strong regional access and proximity to local amenities, retail centers, dining, and transportation corridors, enhancing its attractiveness to future residents.
Financial Summary
Asking Price:$1,250,000
Price Per SF: $29.58
Lot Size: .97 Acres (42,253 Sq Ft)
Property Type: Land
Zoning: Cathedral City General Plan property is designated High Residential (20-24 du/ac)
Lots: 5
APN: 675-051-001, 675-051-002, 675-051-003, 675-051-004, 675-051-021
County: Riverside
Development Potential
Given the High Residential designation, a developer could potentially achieve a maximum yield of 19 to 23 units on this .97 acre site, subject to local planning approvals and specific development standards. This density offers an excellent foundation for maximizing return on investment through the construction of condominiums or rental units.
Note: Prospective buyers are strongly advised to conduct independent due diligence with the City of Cathedral City Planning Department to confirm current setback requirements, maximum density calculations, and utility availability for their specific development plans.
Land Use Planning firm, regarding possible development opportunities for this acreage.
Conceptual Site Plan E
• 20 Townhouses
• Approx 1,600 sq feet each
• 3 stories tall
• Attached 2-car garage.
Conceptual Site Plan F
• 28-unit apartment complex or Condo utilizing Low-Income credits/State of California Bonus Density Credits.
Exclusively Listed By:
BB Wong
Broker/Owner
Brubeck Wong Realtors
DRE 00624161
BrubeckWongRealtors.com