Moreno Valley, CA 92553,21840 Cottonwood Avenue
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$2,599,000
Est. payment /mo
5,000 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $519

MLS Listing ID CRPW23150505

HOA Y/N No

Year Built 1976

Lot Size 5.969 Acres

Acres 5.97

Property Sub-Type Other

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

Zoning R2

Interior

Heating Other

Fireplace No

Laundry No Hookups

Exterior

Utilities Available Other Water/Sewer

Building

Water Public, Other

New Construction No

Others

Tax ID 263170004


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Bridge MLS
Listed by Tilak Chopra • CAL Top Realty & Investments

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21840 Cottonwood Avenue