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$ 2,400,000
Est. payment /mo
Active
21840 Cottonwood Moreno Valley, CA 92553
14 Beds
5.99 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25243605
Bedrooms 14
Lot Size 5.990 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
THERE ARE TOTAL 4 PARCELS AS FOLLOW 263-170-004,263-170-003,263-170-006,263-170-007 TOTAL ALMOST 6 ACRES OF LAND .ONE PARCEL IS ZONED R-15 CAN BUILS UPTO 15-16 APARTMENTS REST IT IS R-3 3 HOUSES +3 ADU PER ACRE TOTAL DEVELOPMENT WILL BE 15 HOUSES AND 15 ADU+16 APRTMENTS.PLEASE CONFIRM WITH CITY. AT PRESENT THERE ARE 6 UNITS TOTAL INCOME ABOUT $8800 PER MONTH . TRIPLEX 2 3BD 1 BA UNIT AND 1 2BD 1BA AND 1 DUPLEX 2BD 1 BA AND ONE SINGLE FAMILY HOMES 2BD 1 BA. 3BD 1 BA UNIT PERFORMA RENT TO BE MINIMUM $2500 PER MONTH AND 2 BD SHOLD BE MINIMUM $2000 PER MONTH SO GROSS RENT SHOULD BE $13000 PER MONTH AFTER FIXING THE UNIT. MAKE OFFERS. GREAT POTENTIAL PROPERTY WALKING DISTANCE TO MALL AND SHOPPING,CLOSE TO FREEWAY 215 AND 60 FWY.
Location
State CA
County Riverside
Zoning Assessor
Interior
Fireplace No
Exterior
Utilities Available Other/Remarks
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 263170004
Listed by Tilak Chopra CAL Top Realty & Investments
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