$ 2,699,000
21840 Cottonwood Avenue Moreno Valley, CA 92553
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Listed by Tilak Chopra • CAL Top Realty & Investments
$ 2,699,000
Est. payment | /mo
5,000 SqFt
$ 2,699,000
Est. payment | /mo
5,000 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $539
MLS Listing ID CRPW23150505
HOA Y/N No
Originating Board Datashare California Regional
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
Interior
Heating Other
Fireplace No
Laundry No Hookups
Building
Water Public
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Paul LeJoy
Broker-Owner | Lic# 01467744