21840 & 21796 Cottonwood Ave, Moreno Valley, CA 92553
- $2,200,000
- List Price
- $2,200,000
- Status
- ACTIVE
- MLS#
- IG26197265
- Year Built
- 1976
- Lot Size
- 259,182
- Acres
- 5.95
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 6
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- One Level
Property Description
Rare Moreno Valley development opportunity! This expansive property offers nearly 6 acres across 4 parcels, featuring 6 existing homes on the property and creating a unique opportunity for investors, developers, or buyers seeking substantial land with multiple residential units. The generous land area provides potential for additional multiple-unit development, subject to zoning, city approval, and applicable development requirements. With six existing homes, 4 parcels, and significant land available for future development, this property offers exceptional versatility and upside potential. Conveniently located in Moreno Valley with easy access to major roads, shopping, dining, schools, and surrounding communities. A rare opportunity to acquire a large property with existing units and the potential to expand. Bring your vision and explore the possibilities this unique property has to offer!
Additional Information
- Pool Description
- None
- Heat
- Central
- Sewer
- Other
- Water
- Other
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $120,000
- Operating Expense
- 30000
Listing courtesy of Listing Agent: Minerva Rodas (minerva@realestateponce.com) from Listing Office: PONCE & PONCE REALTY, INC.
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