Investor priced multi-family land! Submit all offers! This prime located property in palm desert one of the better priced parcels for density/multi-family apartments in the desert (could also go single family for rent). This 6. 8-acre property at gerald ford is located right across from the california state university san bernardino campus. In 2017 the city of palm desert conceptually approved a site plan for 150 apartment units. If developed as proposed, a precise plan application and review and approval by the architectural review commission and planning commission will be required, no city council hearing. However, any changes to the use will require a city council hearing and approval. Additional apn 694-520-020
The vacancy rate of homes in 92211 is
36.22% with 49.12% of homes being owner-occupied. The median household income in 92211 is $61599 per year with those between 45 and 64 having the highest median income at $81196.