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Listed by Tilak Chopra • CAL Top Realty & Investments
$ 2,400,000
Est. payment /mo
New
21840 Cottonwood Moreno Valley, CA 92553
864 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 864 sqft
Price per Sqft $2,777
MLS Listing ID CRPW25243605
HOA Y/N No
Year Built 1976
Lot Size 5.990 Acres
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Heating Other
Fireplace No
Laundry In Kitchen
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