Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

6

Building size

864 sqft

Lot size

5.95 sqft

Year built

1976

Stories

1

Garage spaces

0

Heating

Central

Pool

None

Status

Active

Days on market

1

MLS #

246900392

About this property

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!

Location

21840 & 21796 Cottonwood Ave

Moreno Valley, Riverside, CA, 92553