Property Details
About this Property
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 Listing Information
MLS #
CROC21226521
MLS Source
California Regional MLS
Days on Site
1167
Lots & Land Information
Lot Description
Grade - Level
Parking, School, and Other Information
Water
Other
HOA Fee
$0
Zoning
LZ, LSR, LL
Contact Information
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
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
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.
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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
