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Listed by Tilak Chopra • CAL Top Realty & Investments
$2,599,000
Est. payment /mo
5.97 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW23150505
Originating Board California Regional MLS
Year Built 1976
Lot Size 5.969 Acres
Property 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
Location
State CA
County Riverside
Area 259 - Moreno Valley
Interior
Heating Central Forced Air
Laundry None
Exterior
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 263170004
Special Listing Condition Not Applicable
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033