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Listed by Tilak Chopra • CAL Top Realty & Investments
$ 2,599,000
Est. payment /mo
Active
21840 Cottonwood Avenue Moreno Valley, CA 92553
5,000 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $519
MLS Listing ID PW-23150505
Year Built 1976
Lot Size 5.969 Acres
Property Sub-Type Apartment
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
Interior
Heating Central
Fireplaces Type None
Laundry None
Exterior
Parking Features Gated
Pool None
Community Features Curbs
Building
Lot Description 2-5 Units/Acre
Sewer Other