49900 Van Buren StCoachella, CA 92236

Property Details for 49900 Van Buren St

Lot size

12.84 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 12.84-acre property in Coachella, California, presents a remarkable opportunity for residential subdivision development. Comprising two parcels (APN 603-260-048 and 603-260-050), this land is ideally situated on Van Buren Street, just north of the Van Buren Plaza shopping center, in a rapidly growing residential area. The larger 12.12-acre parcel (APN 603-260-050) boasts 833.37 feet of frontage on Van Buren Street and is 611.28 feet deep. It's zoned RM/PUD (Residential Multiple Family/Planned Unit Development) and has a previously approved Tentative Tract Map (No. 34434) outlining a potential for up to 172 single-family homes. The smaller 0.72-acre parcel (APN 603-260-048), located at the southeast corner of the larger parcel, is designated for a stormwater retention basin within the approved plan. The property is priced at $2,050,000, or $2 per square foot. This represents a compelling investment in a booming west Coachella residential market, surrounded by established subdivisions and conveniently located near existing retail amenities. The combined parcels offer a unique chance to capitalize on the high demand for housing in this thriving area. This is a rare opportunity to acquire a large, well-positioned tract ready for immediate development.

Location Insight

City

Coachella

County

Riverside

State

California

Latitude

33.6862

Longitude

-116.199

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