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$ 2,599,000
Est. payment /mo
Price Dropped by $100K
21840 Cottonwood Avenue Moreno Valley, CA 92553
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW23150505
Bedrooms 8
HOA Y/N No
Lot Size 5.969 Acres
Property Sub-Type Res Income 2-4 Units
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
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
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 Riv Cty-Moreno Valley (92553)
Zoning Other
Building
Lot Description Curbs
Story 1
Sewer Other/Remarks
Level or Stories 1 Story
Others
Monthly Total Fees $24
Acceptable Financing Cash
Space Rent $1,575
Listing Terms Cash
Listed by Tilak Chopra • CAL Top Realty & Investments