Prime, 28.6 acre Farm For Sale in Coachella, Ca...Slashed almost 50% in Price! Seller has reduced this gorgeous farm almost 50%/acre from last season..now $65,000/acre. Currently planted in alfalfa which is locally harvested 3x/year, this parcel can be easily sub-divided into 4 parcels.
INCOME PRODUCING:
- Small, older 3/2 ba SFR which is currently rented at $500/month. This would be perfect for your caretaker, or to live in while you build your custom estate home or barns.
- Outbuildings which are currently leased to a local businessman at $2,000/month. He would like to continue to lease them if possible.
- Alfalfa business which produces approximately $500/month income. A local farmer owns the harvesting equipment and does all the work! Sell it or harvest part of it for your own use. Horses are HUGE here in the Valley.
- Total Monthly Income of Approx. $3,000!
This corner parcel is NOT stuck out in the desert sand. A polo training facility is contiguous to the West and North. Zoned Ag, but with an Estate density Equestrian overlay, this parcel has many potential uses. Only 5 miles from Old Town La Quinta, approx 10 minute drive to Ralphs/pharmacy/cleaners etc., 2 miles from the Polo Fields and approx 7 miles from the HITS horseshow grounds.
View South panning West and then East. Leased outbuilding. Rented home. Looking West along 53rd which is a paved frontage road, and looking East along the same frontage road. Entry is directly off this paved road. Very accessible! SELLER WANTS TO SELL..WILL LOOK AT ALL OFFERS!
MLS #21385844 83285 Avenue 53 Coachella, CA.
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