$2,699,000
Active
46 Days Online
0 Beds0 Baths5,000 SQFT
Active

21840 Cottonwood Avenue Moreno Valley, CA 92553

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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

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyRiverside
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site46 Days
  • MLS StatusActive
  • MLS ID NumberPW23150505
  • Home Size Source N/A
  • Year Built1976
  • Lot Size5.9688 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 0
  • Sewer Other
  • Number of Stories 11
  • Acreage 5.9688
  • Water Public
  • Property Sub Type Apartment
  • Garage Spaces 0
  • Zoning R2
  • Listing Conditions Standard

Interior Features

  • Heating Central
  • Fireplace Features None
  • Laundry Features None
  • Fireplace No

Exterior Features

  • Pool Features None
  • Lot 2-5 Units/ Acre

Community Features

  • Association Dues 0
  • Community Features Curbs
  • Senior Community No
  • MLS Area 259 - Moreno Valley

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Monthly Payment (Est.)

$13,113
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