129 Dolores
About This Property
Water is already connected onsite, providing a valuable head start on utilities. The sale also includes a 40-foot storage container, ideal for personal storage, tools, equipment, or workshop use. Paved access ensures reliable year-round entry, and a professional land survey report has been completed, giving buyers confidence and clarity on boundaries and buildable areas.
A manufactured home may be placed on the property subject to County permits and Floodplain Review. Buyers are advised to consult Riverside County Flood Control and Building & Safety prior to purchase.
With its full 4.81-acre size, this parcel qualifies for expanded W-2 use allowances, making it adaptable to a wide range of possibilities:
Single-family residential dwelling Larger-scale agricultural activities (orchards, field crops, small farming)
Animal keeping (horses, livestock) with generous spacing
Space for workshops, barns, RV/boat storage
This property is located within Cabazon, part of Riverside County's long-range vision for rural residential and mixed-use growth. The region is positioned to benefit from the Cabazon Enhanced Infrastructure Financing District (EIFD), a planned funding mechanism for road, water, and utility improvements that is anticipated to enhance future property values without adding new taxes for landowners.
Surrounded by peaceful desert landscapes and dramatic mountain views, the location offers privacy, space, and long-term investment upside. Yet it remains close to major conveniences, including Cabazon Outlets, Morongo Casino, and the I-10 freeway-connecting you to Palm Springs, Beaumont, and the Coachella Valley.
Whether you're planning to build a home, develop a rural retreat, start an agricultural project, or hold land for appreciation, this 4.81-acre Cabazon Springs parcel delivers rare readiness, flexibility, and future growth potential all in one.
Buyer to verify zoning, utilities, and development options with the County of Riverside.
More info: https://rivco.org/eifd
https://planning.rctlma.org/cabazon-community-plan
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Relisted | $120,000 | |
| Relisted | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Feb 15, 2026 | Price Decreased |
$120,000
↓ $40K
(25%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017