0 Fir Avenue 481171051
Moreno Valley, CA, 92553
$695,000
Beds
0 Baths
SqFt
0.78 Acres
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Full Marketing Package Available. This site has an approved project for an eleven (11) unit rental townhome project. Each unit is comprised of ±1,222 sf with 4 Beds, 2.5 Baths. With rental market inventory being so tight and very little new apartment projects being built, this property represents an
exciting opportunity for an investor to produce for long-term cash flow and/or to sell when market cap rates are very low. Located only one block from the freeway which is ideal for tenants who commute either to the Coachella Valley (east) or Riverside/Orange County/Los Angeles (west). The immediate area has all the retail essentials, and within a short drive are the various Towngate shopping centers with Costco, Target, ALDI, 24 Hour Fitness &#38' much more.

Property Details

Price:
$695,000
MLS #:
OC24234757
Status:
Active
Baths:
0
Address:
0 Fir Avenue 481171051
Type:
Land
Neighborhood:
259morenovalley
City:
Moreno Valley
Listed Date:
Nov 14, 2024
State:
CA
ZIP:
92553
Lot Size:
33,976 sqft / 0.78 acres (approx)
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Foothills
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Level with Street, Lot 20000-39999 Sqft
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broker reciprocity Courtesy of The Hoffman Company. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
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0 Fir Avenue 481171051
Moreno Valley, CA