$ 695,000
0 Fir Avenue Moreno Valley, CA 92553
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$ 695,000
Est. payment | /mo
0.78 Acres Lot
$ 695,000
Est. payment | /mo
0.78 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24234757
HOA Y/N No
Lot Size 0.780 Acres
Acres 0.78
Property Description
Full Marketing Package Available. This site has an approved project for an eleven (11) unit rental townhome project. Each unit is comprised of ±1,222 sf with 4 Beds, 2.5 Baths. With rental market inventory being so tight and very little new apartment projects being built, this property represents an exciting opportunity for an investor to produce for long-term cash flow and/or to sell when market cap rates are very low. Located only one block from the freeway which is ideal for tenants who commute either to the Coachella Valley (east) or Riverside/Orange County/Los Angeles (west). The immediate area has all the retail essentials, and within a short drive are the various Towngate shopping centers with Costco, Target, ALDI, 24 Hour Fitness & much more.
Location
State CA
County Riverside
Area Listing
Zoning R15
Interior
Fireplace No
Exterior
Utilities Available Water/Sewer See Remarks
View Y/N false
View None
Building
New Construction No
Others
Tax ID 481171051
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Bryant Brislin • The Hoffman Company
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "