Moreno Valley, CA 92553,0 Fir
Moreno Valley, CA 92553,0 Fir
Moreno Valley, CA 92553,0 Fir
3
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$695,000
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0.78 Acres Lot
Active

0 Fir Moreno Valley, CA 92553

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UPDATED:

10/04/2024 11:47 AM

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24121263

HOA Y/N No

Lot Size 0.780 Acres

Acres 0.78

Property Description

*PERMIT READY*FULL MARKETING PACKAGE AVAILABLE UPON REQUEST*. This site has an approved site plan 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
*PERMIT READY*FULL MARKETING PACKAGE AVAILABLE UPON REQUEST*. This site has an approved site plan 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 Riv Cty-Moreno Valley (92553)

Others

Monthly Total Fees $303

Acceptable Financing Cash

Listing Terms Cash


San Diego Regional MLS (SDMLS)
Listed by Bryant Brislin • The Hoffman Company

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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