Moreno Valley, CA 92553,21840 Cottonwood Avenue
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Listed by Tilak Chopra • CAL Top Realty & Investments
$ 2,699,000
Est. payment | /mo

5,000 SqFt


Save
$ 2,699,000
Est. payment | /mo
Save

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

Bay East AOR and Contra Costa AOR

GET MORE INFORMATION

Paul LeJoy

Broker-Owner | Lic# 01467744

+1(510) 299-0093

34906 Newark Blvd, Newark, CA

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21840 Cottonwood Avenue