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0 N Ave 62 & Pierce St — Thermal | Belmont Brokerage | Belmont Brokerage

Active

+18 more

$2,625,000

788 DOM

— bd— ba— sqft

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0 N Ave 62 & Pierce St Thermal, CA 92274

75.00acre lot

(Triple E Ranch) All or Part. 39.12 AC - 835.97 AC Portfolio of 7 Ranches Approx. 5,942 organic date trees located on the property. Easy access to Expressway 86. 1.5 miles from The Thermal Club, a premier, private luxury motorsports track. 2 miles to Jacqueline Cochran Regional Airport. In Opportunity Zone, providing potential tax incentives. Abundant and affordable Coachella Valley Water District (CVWD) irrigation water, one of the lowest water rates in California. *Brochure & Offering Memorandum can be downloadable in 'Document' tab

MLS 219106949DA

(760) 360-8200 (Office) (760) 360-8200 (Cell) susan@dppllc.com

Est. payment

$16,773/mo

Principal & interestTaxesInsurance

$13,273$2,734$766

Down %

Rate %

Years

Down payment: $525,000 · Total cost: $5,303,434

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$16,773/mo

Principal & interest: $13,273
Est. property tax: $2,734
Est. insurance: $766
Down payment: $525,000

Est. gross rent$10,938/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-5,835/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Feb 15, 2024	$3,375,000	—

Facts & Features

Transaction Data

▼Price Reduced from $3,375,000 (−$750,000)

(760) 360-8200 (Office) (760) 360-8200 (Cell) susan@dppllc.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

0 N Ave 62 & Pierce St, Thermal, CA 92274

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0 N Ave 62 & Pierce St Thermal, CA 92274

About this home

Susan Harvey

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Susan Harvey

Sale & Tax History

No Recent Sales History

Location

0 N Ave 62 & Pierce St, Thermal, CA 92274

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

0 N Ave 62 & Pierce St Thermal, CA 92274

About this home

Susan Harvey

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Susan Harvey

Sale & Tax History

No Recent Sales History

Location