Moreno Valley, CA 92553,21840 Cottonwood AVE
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Listed by Tilak Chopra • CAL Top Realty & Investments
$ 2,599,000
Est. payment | /mo

5.97 Acres Lot


Save
$ 2,599,000
Est. payment | /mo
Save

5.97 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW23150505

Year Built 1976

Lot Size 5.969 Acres

Source California Regional MLS

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

Interior

Heating Central Forced Air

Laundry None

Exterior

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 263170004

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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21840 Cottonwood AVE