21840 Cottonwood Avenue Active

Moreno Valley,CA 92553

$ 2699000

- Bed

0 Bath

5000 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $539

MLS Listing ID CRPW23150505

HOA Y/N No

Year Built 1976

Lot Size 5.969 Acres

Acres 5.97

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 Listing

Zoning R2

Interior

Heating Other

Fireplace No

Laundry No Hookups

Exterior

Utilities Available Other Water/Sewer

Building

Water Other,Public

New Construction No

Others

Tax ID 263170004

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