52500 Van Buren Street, Coachella, California 92236, Coachella, 92236 - 6 bed, 6 bath

52500 Van Buren Street, Coachella, California 92236 home-pic-0
ACTIVE$8,000,000
52500 Van Buren Street, Coachella, California 92236
6Beds
6Baths
6,000Sqft
1,548,994Lot
Year Built
1960
Close
-
List price
$8M
Original List price
$8M
Price/Sqft
$1,333
HOA
-
Days on market
-
Sold On
-
MLS number
219136900DA
Home ConditionFair
Features
Good View: Mountain(s), Pool
Pool
Patio
ViewMountain(s), Pool

About this home

We found 3 Cons,5 Pros. Rank: price - $8.00M(98th), sqft - 6000(98th), beds - 6(94th), baths - 6(98th).

Leja Farms - Coachella, CaliforniaOpportunity Zone Investment!Family owned and operated since 1960, Leja Farms offers a rare opportunity to acquire three contiguous parcels totaling 35+ acres, ideally located at the hard signalized corner of Avenue 52 and Van Buren Street. Zoned CG (General Commercial) and RM (Residential Multiple Family), this property provides exceptional development flexibility and long-term value -- all within a designated Opportunity Zone with potential tax advantages.Leja Farms is renowned for its quality date production. The property includes approximately 900 Deglets, 45 Medjools (30 males), and 40 Barhi/Honeys. Supporting the operation are two warehouses with cold storage rooms, a hydration and fumigation container, and additional storage facilities. The main warehouse also features an office, employee restrooms and dining areas, and large sorting spaces, exemplifying the care and craftsmanship behind the Leja Farms name.(Note: Not all equipment and/or personal property is included in the sale--please inquire for a full inventory list.)Agricultural infrastructure includes a deep private well (approx. 600 GPM), CVWD agricultural water rights, solar power, and IID service for reduced electricity costs.Residential improvements include:A main home (circa 1960s) of approximately 3,383+/- SF, with a pool leased on a month-to-month basis $3,500.00 pr/mo. Located on the southern 19+/- acre parcel.A second home on the corner parcel, approximately 2,400+/- SF. Leased on a month-to-month basis $3,000.00 pr/mo.An occupied caretaker's home near the production facilities (approx. 500+/- SF, permit status unknown).This is a truly unique investment opportunity combining income-producing agriculture, existing infrastructure, and future development potential in one of the Coachella Valley's most promising growth corridors.What an opportunity!Contact Kim or Kate today to schedule your private tour of Leja Farms.

Price History

Date
Event
Price
10/13/25
Listing
$8,000,000
Condition Rating
Fair

The property includes three residential homes, with the main home built in 1960. While the exterior of the main home appears maintained for its age, there are no interior images of any of the residential units, particularly kitchens or bathrooms. Given the 1960 build year and the lack of any mentioned recent extensive renovations, the homes are likely aged but maintained, with functional major components that show signs of being outdated. The fact that the homes are leased suggests they are livable, but without interior views, it's impossible to assess modern updates or specific conditions of key areas like kitchens and bathrooms. This aligns with the 'Fair' criteria of being an older, maintained home that requires minor updates or shows outdated features.
Pros & Cons

Pros

Exceptional Development Potential: Over 35 contiguous acres with flexible CG (General Commercial) and RM (Residential Multiple Family) zoning, offering significant long-term value and diverse development opportunities.
Opportunity Zone Designation: Located within a designated Opportunity Zone, providing potential substantial tax advantages for investors.
Established Income-Generating Agriculture: A renowned, operational date farm with existing infrastructure including warehouses, cold storage, and specialized facilities, ensuring immediate agricultural income.
Robust Agricultural Infrastructure & Utilities: Features a deep private well (600 GPM), CVWD agricultural water rights, solar power, and IID service, ensuring efficient and cost-effective agricultural operations.
Multiple Residential Income Streams: Includes three residential units, two of which are currently leased month-to-month, providing additional rental income.

Cons

Uncertainty of Included Equipment: Not all operational equipment and personal property are included in the sale, potentially requiring significant additional investment for continued farm operations.
Caretaker's Home Permit Status: The permit status for the caretaker's home is unknown, which could lead to compliance issues or require future legalization efforts.
Age of Main Residence & Lease Instability: The main home dates back to the 1960s, potentially requiring updates, and all residential leases are month-to-month, offering less income stability.

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