Opportunity to own a commercially-zoned double lot two miles from the Red Earth Casino with water meter already installed on the property and electric utility to the property line for a low-cost service hook-up to get your investment up and running with very little capital! Property is zoned C2 and has too many uses to list but here are a few:
Manufactured home or residential structure permitted as secondary structure
Water meter is already installed, $60 to re-start service with Coachella Valley Water District
Electricity service to the property line
Low cost Imperial Irrigation District Power
Relevant, high rental usages including self-storage, RV park and storage, commercial nursery
25 miles to large population center 820,000 in Coachella Valley
3 miles to regional attraction, Red Earth Casino
1 mile from major expressway 86 with 160,000 vehicles per day
Property is zoned C2 and here are a few relevant uses:
Self storage
Mini-storage (5 or more units)
Mini-warehouse, steel garage or workshop
Portable shipping container / cargo container storage such as Mobile Mini
Automotive and boat storage (no outside storage)
Automotive sales, service and repair
Need a Conditional Use Permit ($455 fee) for:
RV storage facility(recreational vehicle)
RV park (recreational vehicle park, resort for short term and long term rentals)
Plant Nursery – High value local choice: Date Palms
Cellular Tower installation
150 feet from this lot is a mini storage commercial property that has 12 units that rent for $1,200 per month – please see the video and pictures. The effective rental rate for each lot is $99 ($198 total) so in this example your monthly expense is $198 for the equivalent of two self storage lots and you could have $1,200 of rental income coming in each month from each lot for a profit of $2,200. Also to give you an idea of how low the lease is, $198 per month comes out to $0.017 / SF – less than 2 cents per square foot!
ADDRESS: 3369 Holt Ave & 3374 Holt Ave, Salton Sea Beach, CA 92274
SIZE: 12,000 SF, 120’ x 100’ deep (adjoined sized, each lot is 60’ x 100’)
PARCEL NUMBER (APN): 001-372-007 and 001-372-008
COUNTY: Imperial
LEGAL DESCRIPTION: Lot: 11 Block: 1 Tract No: 538 SALTON SEA BEACH ESTATES UNIT 4
RV or 5TH WHEEL ALLOWED? No, unless you have a permitted commercial structure on the property first and you must verify with Planning/Building/Zoning
TITLE CONVEYANCE: Grant Deed; clean title, free of liens, encumbrances and back taxes
GPS: Copy and paste coordinates into any browser: 33.372883, -116.007272
MAP LINK: https://goo.gl/maps/5v3xNP6qXg32
ZONING: C2 – General Commercial, see potential uses above
HOUSING ALLOWED: Commercial development, auto shop, auto, boat, RV storage
PLANNING / ZONING DEPT: Imperial County (760) 482-4236
POWER: Yes, to property line
WATER: Yes, water meter on property, service through CVWD (Coachella Valley Water District) and cost to turn on water service is only $30. The last time the meter was in use was 2016
SEWER or SEPTIC: Septic (all of Salton Sea Beach is on septic)
ROAD ACCESS: Yes – dirt road
PROPERTY TAX: $135/yr
ASSOCIATION DUES: None
TYPE OF TERRAIN: Flat
ELEVATION: 200 FT
CLOSING/DOC FEES: $0
For parcel lines where available, click on the bottom left box, “Show street map”
Own this Property Today Risk-Free by Making a Refundable Down Payment Below!
Property Details
Address: 3369 Holt Ave & 3374 Holt Ave
City: Salton Sea Beach
State: CA
ZIP: 92274
Call To Order Over the Phone, Text or Email Us. We accept Personal Checks, Cashier’s or Electronic Checks
619-800-5057
Or Pay with a Credit or Debit Card Below
OWN IT TODAY!
Financing Terms
Cash Price: $7,999
Down Payment: $200 Deposit
