0 Pennsylvania Avenue, Beaumont, Riverside County, CA, 92223 Silicon Valley CA US
Property Details
Bedrooms
2
Bathrooms
2
Property Type
Lots And Land
Description
Calling all investors and visionaries, here's your chance to secure a prime piece of real estate in the thriving city of Beaumont. This lot presents a golden opportunity for those with an eye for potential and a knack for smart investments. Situated on a flat residential lot, this property is ready to bring your ideas to life. Key infrastructure features include an oversized water meter, ensuring an ample water supply for your future project, and overhead electricity lines that simplify the development process. One of the standout features of this property is the sewage line that spans the entire length, thoughtfully concealed under the dirt along the fence line, making it readily accessible for any construction or development needs. With nearly 700 feet of street frontage, including a substantial 520.24’ on Pennsylvania Ave. and 170’ on 11th St., this lot offers unparalleled possibilities. Zoned for residential use, it can be subdivided into 7000 sq. ft. lots, opening doors for a variety of development options. Beaumont also extends a unique opportunity for those interested in special needs housing, such as senior or veteran housing, through its Density Bonus program. Furthermore, the recent passage of the SB9 law enhances the potential for income generation. You can explore options like developing 3 or 4 units per subdivided lot, expanding your investment potential even further. Nestled within an area of single-family homes, this property promises a sense of community and a promising future. Beaumont's rapid growth makes this investment opportunity even more enticing. Don't miss your chance to own this fantastic property with limitless potential. Seize the opportunity and secure your place in Beaumont's bright future. Act now to make this property your next successful venture! Find out more about this property. Request details here
Location
Address
0 Pennsylvania Avenue, Beaumont, California 92223, United States
City
Beaumont
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