$1,999,000

21796 Cottonwood Avenue

Moreno Valley CA, 92553

Description

This property has 4 parcel totaling 6 acres and have 6 units at this time.Selling as land value only.Good to have income till you get entitlement. City will probably allow from 90-120 apartments.If built as senior complex may be uo to 170 units.Please check with city for all details. Great Great location near 60 freeway and 215 freeway Mall is walking distance.Hugh demand in this area.Amazon is building 40 Million sf logistic center and so many new developments are going on. PRIME LAND TO DEVELOP. MAKE ALL OFFERS SELLERS ARE MOTIVATED.PRICE REDUCED BY $500000 FOR FAST SALE.SUBMIT OFFERS.Price reduced by $1000000 from original price. One of the seller is Real estate broker working as principal

Details

MLS#PW17148983
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site746

Features

ZoningR2
Acreage3.05
Property ViewYes

Market Activity 92553

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Area Information
StateCA
CountyRiverside
CityMoreno Valley
Zip Code92553
Area259 - Moreno Valley
Listing VS Median (in 92553)
Price:
$1,999,000
low | high
Med:
$349,900
100% of Average
On Site:
746
low | high
Med:
91
100% of Average
Listing Updated: December 14, 2020 2:38:20 AM PST
Tilak Chopra LogoMLS Number: PW17148983
Listing Provided By:
Tilak Chopra  of  CAL Top Realty Investments
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.