Avenue 44 - 3 Lots - 44095,44093 Faye St,83137 Ave.44 27,441 Acres of Commercial Land Offered at $528,000 in Indio, CA 92201

Three (3) lots to be sold. Two lots will be sold only together (44095 Faye - 12,632SF & 83137 Ave. 44–5,662SF) 18,285SF total for $328,000. The third lot 44093 Fay Street APN 611-242-009 is 9,147SF can be sold separately for $200,000. All Lots are flat with water meter & sewer hookup for each. We suggest a lot line adjustment to widen the smaller lot (5662SF) facing Ave.44 by 20 lineal feet by 135 LF (the width of 44095 Faye Lot). The adjustment would increase the size of the small lot to approx. 8,362SF. The larger Faye St. lot would reduce from 12,623SF to 9,932SF (75x135). The widening of the small lot will accommodate installation of a main SFR Duplex plus ADU & Junior ADU with covered parking. There were dwellings on the property that were razed several decades ago. One (1) Palm Tree located on the property. The property is zoned CN-14 Connected Neighborhoods. Housing types allowed include single-family detached and attached dwellings with Accessory Dwelling Units (ADU's) of various sizes, condo's, small sized multifamily units, courtyard apartments, commercial. The zoning allows up to 14 units per acre. Assessments: Buyer to Verify Road Frontage, City Street Paved, Utilities: Electricity Available; Natural Gas Available, Phone Available, Sewer Available In Street Valley Sanitation District, Water: Meter in Ground Indio Water Authority, Potential Use: Mixed Use, Multi-Family, Office, Single Family Residential, Present Use: Vacant Lot Features: Flat Rectangular Lot; Street Paved; Street Public, Lot Location: Corner Lot, Land Info: Cleared: Flat Vacant; Ingress Egress: Paved Street; Parcel Map Number: 611-242-008, 611-242-007; Topography: Flat, Units Per Acre: 14
Distance Info: Distance to Bus: 1 Block Away; Distance to Freeway: Approximately 1 mile. Documents provided in this listing are a Lot Residual Analysis based upon the assumption of developing a 3,500SF SFR building (which is 2 stories containing two attached Townhomes & covered garages), and a separate dwelling containing a 1,000SF Accessory Dwelling Unit & 500SF Junior Accessory Dwelling Unit, with covered parking garage. Lot is large enough to setback buildings to create driveway parking to comply with City of Indio parking ordinance regarding vehicles parked on the street. The CN-14 zoning allows for mixed use urban development.