7349 Joshua Lane, Yucca Valley, CA 92284

Property Description

TWO ADJACENT MULTIFAMILY-ZONED LOTS – SELLER FINANCING AVAILABLE Excellent opportunity to acquire two adjacent R-M-10 (Residential, Multiple-Family) zoned parcels in a convenient Yucca Valley location. Together, the properties offer approximately 1.41 acres (61,600 sq. ft.) of vacant land and may be purchased individually or together. 7331 Joshua Lane, Yucca Valley, CA 92284 APN: 0587-113-05-0000 Lot Size: 27,400 sq. ft. / approximately 0.63 acre Price: $35,300 7349 Joshua Lane, Yucca Valley, CA 92284 APN: 0587-113-04-0000 Lot Size: 34,200 sq. ft. / approximately 0.79 acre Price: $44,100 COMBINED: Approximately 61,600 sq. ft. / 1.41 acres COMBINED PRICE: $79,400 The properties are located on Joshua Lane between Yucca Trail and Elata Avenue, close to shopping, restaurants, banking, the post office and other services. Both parcels are identified as R-M-10 (Residential, Multiple-Family). The R-M-10 designation provides for residential densities of up to 10 dwelling units per acre, subject to Town approval, site configuration and all applicable development standards. Buyer should independently verify the number and type of units that may be developed. SELLER FINANCING AVAILABLE: Seller may finance the combined purchase for qualified buyers with $30,000 down, 10% interest, and interest-only payments of approximately $411.67 per month for 36 months, with the remaining principal balance due as a balloon payment at the end of the three-year term. No prepayment penalty. Seller financing is subject to mutually acceptable terms and documentation. Purchase one parcel or acquire both for a larger contiguous multifamily-zoned property in the growing High Desert community of Yucca Valley. Buyer and buyer's agent are advised to independently verify zoning, allowable density, number of units, permitted uses, property boundaries, access, utilities and sewer availability, development requirements and all other information with the Town of Yucca Valley and appropriate agencies.