Fir Avenue Moreno Valley, CA 92553
*PERMIT READY*FULL MARKETING PACKAGE AVAILABLE UPON REQUEST*. This site has an approved site plan for an eleven (11) unit rental townhome project. Each unit is comprised of ±1, 222 sf with 4 Beds, 2.5 Baths. With rental market inventory being so tight and very little new apartment projects being built, this property represents an exciting opportunity for an investor to produce for long-term cash flow and/or to sell when market cap rates are very low. Located only one block from the freeway which is ideal for tenants who commute either to the Coachella Valley (east) or Riverside/Orange County/Los Angeles (west). The immediate area has all the retail essentials, and within a short drive are the various Towngate shopping centers with Costco, Target, ALDI, 24 Hour Fitness & much more
- Property TypeLand
- NeighborhoodN/A
- CountyRiverside
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site48 Days
- MLS StatusActive
- MLS ID NumberOC24121263
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.78 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Acreage 0.78
- Water See Remarks
- Zoning R15
- Listing Conditions Standard
Exterior Features
- View None
- Lot 11-15 Units/ AcreLot 20000-39999 SqftFlag Lot
Community Features
- Association Dues 0
- Community Features Urban
- Senior Community No
- MLS Area 259 - Moreno Valley