109 Aztec Avenue

Description

Owner may carry 50% down. High density residential 10 acres. City may allow for condos, large apartment buildings, or a mobile home park. The planning department may allow for 22 mobile homes per acre which would have a maximum of 220 mobile homes. For condos/apartments they may allow 44 units per acre for a potential maximum of 440 units. Property appears to have power, water, communications lines, pavement, & road access at either end of the lot. Close to the Marine Base with about 12,500 active duty, 24,000 family members, & another 21,000 DOD employees & contractors. 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.

Listing information courtesy of: Patrick Schmidt, Sharon Rose Realty, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.