Greg Malik Real Estate
21796 Cottonwood Avenue
Moreno Valley, CA 92553

Description

This property has 6 units on 6 Acres of land to develop for multiple family. Land value only.Good to have some income till you get entitlement.Great demand for apartments in this Area.Huge development is going on in Moreno Valley as AMAZON is building 40 Million Sf logistic center.Average unit cost in Moreno VAlley Selling over $200k/unit.Great price for multiple family land use. According to city you can build from 90- 120 units.Please confirm with city for Zoning.PRICE REDUCED BY $500000 FOR FAST SALE.MAKE OFFERS

Details

MLS#PW17148968
Sub-TypeResale
StatusActive
Year1960
Days On Site11

Features

SQ Feet4,000
Units6
Building(s)1

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Area Information

StateCA
CountyRiverside
CityMoreno Valley
Zip Code92553
Area259 - Moreno Valley
Listing VS Median (in 92553)
Price:
$2,499,000
low | high
Med:
$315,000
100% of Average
SqFt:
4,000
low | high
Med:
1,405
100% of Average
$ / SqFt:
$625
low | high
Med:
$226
100% of Average
On Site:
11
low | high
Med:
11
100% of Average
Listing Updated: 01/16/2019
MLS Number: PW17148968
Listing Provided By:
Tilak Chopra  of  CAL Top Realty Investments
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