21840 Cottonwood Avenue
Moreno Valley, CA 92553
5.97 acres | #PW23150505
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
Property Details
- Lot DescriptionTwoToFiveUnitsAcre
- Property TypeMulti-Family
- Original List Price$2,699,000
- MLS #PW23150505
- MLS #PW23150505
- CountyRiverside
- Property SubtypeApartment
- Cost2699000
- Acres5.9688
- Utility SourcePublic
- Sewer InformationOther
- Year Built1976
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Tilak Chopra (#NCHOPTIL)
Listing Office: CAL Top Realty & Investments (#PB7823)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
