21840 Cottonwood AVE Active

Moreno Valley,CA 92553

$ 2699000

- Bed

- Bath

5000 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $539

MLS Listing ID PW23150505

Year Built 1976

Lot Size 5.969 Acres

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

Zoning R2

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Central

Fireplaces Type None

Laundry None

Exterior

Pool None

Community Features Curbs

Building

Lot Description 2-5 Units/Acre

Story 1

Sewer Other

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,Submit

Listing Terms Cash,Cash to New Loan,Submit

Special Listing Condition Standard

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