21840 Cottonwood Avenue
Moreno Valley, CA, 92553
$2,699,000
Beds
0 Baths
SqFt
5.97 Acres
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There are total 6 acres of land and 6 apartments, selling as land value as you can build additional houses and apartments on this property, it is an excellent location for development. Rental income effective Feb 1,2024 will be $8285 which is way below market rent ,Market rent for 2 bd is $2100 and 3 bd 2800 . Market rent could be $12000+ per month

Property Details

Price:
$2,699,000
MLS #:
PW23150505
Status:
Active
Baths:
0
Address:
21840 Cottonwood Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
259morenovalley
City:
Moreno Valley
Listed Date:
Aug 12, 2023
State:
CA
ZIP:
92553
Lot Size:
260,000 sqft / 5.97 acres (approx)
Year Built:
1976
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Interior

Fireplace Features
None
Heating
Central

Exterior

Community Features
Curbs
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Other
Stories Total
1
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
All Utilities

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Rover IDX
21840 Cottonwood Avenue
Moreno Valley, CA