Flat and buildable 1.07 acre lot in a growing area of Moreno Valley. Zoned for residential development for up to 15 UNITS PER ACRE! Ideal for small or private developers to entitle and force appreciation, or build out long lasting wealth in a market that is desperate for more housing. You can build to rent or sell some or all of the units depending on your vision. Many opportunities as you can do detached townhome style or attached multifamily and/or condominium style… the choice is yours subject to city approval. All utilities nearby and accessible on Atwood Ave. This property is across the street from Sunnymead Elementary School and a couple minutes from 60 FWY and many Shopping, Restaurants, and Entertainment. Additionally, Senate Bill 684 (SB 684), also known as the "Starter Home Revitalization Act", allows for streamlined ministerial approval of housing developments with 10 or fewer units on urban lots under 5 acres. This property consists of TWO PARCELS making it easier and faster if you wanted to get between 11 and 15 units – just do 6-7 units on each parcel (theoretically). Local agencies must approve or deny completed applications within 60 days of receipt. This bill was enacted in 2023 and took effect January 1, 2024. SB 684 simplifies the approval process, eliminating the need for public hearings or discretionary reviews. BUYERS MUST VERIFY all marketing information, zoning, and development potential with the City to satisfy themselves.
Property Details
Price:
$599,990
MLS #:
IG25135366
Status:
Active
Baths:
0
Address:
24094 Atwood Avenue 482020014
Type:
Land
Neighborhood:
259morenovalley
City:
Moreno Valley
Listed Date:
Jun 17, 2025
State:
CA
ZIP:
92553
Lot Size:
24,829 sqft / 0.57 acres (approx)
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Schools
Interior
Exterior
Community Features
Curbs, Gutters, Sidewalks, Street Lights
Electric
Standard
Lot Features
11-15 Units/ Acre
Sewer
Public Sewer
View
Mountain(s)
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Available, Sewer Available, Water Available
Map
Community
- Address24094 Atwood Avenue 482020014 Moreno Valley CA
- Area259 – Moreno Valley
- CityMoreno Valley
- CountyRiverside
- Zip Code92553
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24094 Atwood Avenue 482020014
Moreno Valley, CA
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