Buy this fantastic lot using a OTC (One-Time Close) Loan from our strategic partner. Low down payment option with 12-month construction financing which converts to a 30-yr mortgage, all-in-one closing! (Call/Email for more details) This 2.5AC parcel of flat/level open space land is located in an Opportunity Zone area, which offers significant tax benefits for investors who reinvest their capital gains in qualified projects. According to the IRS, Opportunity Zones provide three main tax benefits: - Temporary deferral of taxes on previously earned capital gains until December 31, 2026 or until the investment is sold or exchanged, whichever is earlier. - Step-up in basis for previously earned capital gains invested, which reduces the amount of taxable gain by 10% if held for at least 5 years and by 15% if held for at least 7 years. - Permanent exclusion of taxable income on new gains from the sale or exchange of the investment if held for at least 10 years. This parcel is ideal for investors who are looking for long-term returns and social impact. It is situated in the El Mirage Area, which has abundant natural resources and potential for economic development. The parcel sits atop the Oestre Aquifer, which can produce pristine water annually. It also has unobstructed views
MLS #
CROC21226521
MLS Source
California Regional MLS
Days on Site
1129
Lot Description
Grade - Level
Water
Other
HOA Fee
$0
Zoning
LZ, LSR, LL
Listing Agent
Gregg Cochran
Gregg Cochran, Broker
License #: 01135909
Phone: (949) 667-0322
Co-Listing Agent
David Orellana
SmokeTree Commercial
License #: 01246025
Phone: (714) 744-6427
0 Bartlett Ave is in El Mirage, CA 92301. This Land is currently priced at $33,880.
This address can also be written as 0 Bartlett Ave, El Mirage, CA 92301.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 20, 2024. For the most current information, please contact Gregg Cochran, (949) 667-0322