Moreno Valley Multi Family Homes
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Moreno Valley Multi Family Homes
3 Land Properties Offered at $2,500,000 in Moreno Valley, CA
Investment Highlights
- High Unit Zoning
- Previous Entitlements
- Centrally Located with Highway Access
- High ROI Centralized Investment
Executive Summary
High Density Land opportunity located in the heart of Moreno Valley CA.
These four parcels are all within 1/2 mile of each other and are zoned R20 - SP 204 VR allowing for MULTI-FAMILY development with a total potential of 50 units. These parcels allow for up to 20 dwelling units each, depending on approved designs submitted to the city.
The properties total 151,589 SF (3.48 Acres)
The properties are all less than 3 minutes from the 60-FWY which connects Moreno Valley to Los Angeles and I-10 and Coachella Valley.
Properties can be bought individually, and the 1.36 Acre property already has a 2 bedroom 1 bath house on it.
Average home in Moreno Valley sells for $536,000 and average rent is $2,634/m.
These four parcels are all within 1/2 mile of each other and are zoned R20 - SP 204 VR allowing for MULTI-FAMILY development with a total potential of 50 units. These parcels allow for up to 20 dwelling units each, depending on approved designs submitted to the city.
The properties total 151,589 SF (3.48 Acres)
The properties are all less than 3 minutes from the 60-FWY which connects Moreno Valley to Los Angeles and I-10 and Coachella Valley.
Properties can be bought individually, and the 1.36 Acre property already has a 2 bedroom 1 bath house on it.
Average home in Moreno Valley sells for $536,000 and average rent is $2,634/m.
Data Room Click Here to Access
- Third Party Reports
- Miscellaneous
Property Facts
| Price | $2,500,000 | Number of Properties | 3 |
| Sale Conditions | 1031 Exchange | Individually For Sale | 0 |
| Sale Type | Investment | Total Land Area | 3.47 AC |
| Status | Active |
| Price | $2,500,000 |
| Sale Conditions | 1031 Exchange |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Land Area | 3.47 AC |
Properties
| Property Name / Address | Property Type | Land AC | Land SF | Individual Price |
|---|---|---|---|---|
| 0 Myers Ave, Moreno Valley, CA 92553 | Land | 1.20 AC | 52,272 SF | - |
| 24800 Myers Ave, Moreno Valley, CA 92553 | Land | 0.91 AC | 39,640 SF | - |
| 24921 Fir Ave, Moreno Valley, CA 92553 | Land | 1.36 AC | 59,242 SF | - |
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Moreno Valley Multi Family Homes
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