$ 2,699,000
21840 Cottonwood AVE Moreno Valley, CA 92553
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$ 2,699,000
Est. payment | /mo
5,000 SqFt
$ 2,699,000
Est. payment | /mo
5,000 SqFt
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $539
MLS Listing ID PW23150505
HOA Y/N No
Year Built 1976
Lot Size 5.969 Acres
Property Description
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
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning R2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Central
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Other
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 263170004
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Special Listing Condition Standard
Listed by Tilak Chopra • CAL Top Realty & Investments • 714-267-2552
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Valerie Condon
Partner | Lic# 680245