Residential Income - 21840 & 21796 Cottonwood Ave, Moreno Valley, CA

$2,200,000

21840 & 21796 Cottonwood Ave, Moreno Valley, CA

21840 & 21796 Cottonwood Ave, Moreno Valley, CA 92553 - $2,200,000 · Multi-Family Home for Sale, photo 3

21840 & 21796 Cottonwood Ave, Moreno Valley, CA 92553 - $2,200,000 · Multi-Family Home for Sale, photo 4

21840 & 21796 Cottonwood Ave, Moreno Valley, CA 92553 - $2,200,000 · Multi-Family Home for Sale, photo 5

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Description

Rare Moreno Valley development opportunity! This expansive property offers nearly 6 acres across 4 parcels, featuring 6 existing homes on the property and creating a unique opportunity for investors, developers, or buyers seeking substantial land with multiple residential units. The generous land area provides potential for additional multiple-unit development, subject to zoning, city approval, and applicable development requirements. With six existing homes, 4 parcels, and significant land available for future development, this property offers exceptional versatility and upside potential. Conveniently located in Moreno Valley with easy access to major roads, shopping, dining, schools, and surrounding communities. A rare opportunity to acquire a large property with existing units and the potential to expand. Bring your vision and explore the possibilities this unique property has to offer!

Property details

Year built

1976

Property type

Residential Income

Lot size

259,182 sqft

Location

21840 & 21796 Cottonwood Ave • Moreno Valley, CA 92553

More homes for sale and rent in Moreno Valley, CA →

Listed by

Minerva Rodas · PONCE & PONCE REALTY, INC

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Closed sales reported in 92553, nearest first, last 12 months. All recent sales in Moreno Valley →