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21840 & 21796 Cottonwood Ave, Moreno Valley, CA 92553

$2.2M0ba · 864 sqft
Lot 6 sqft•Commercial/Residential•
Active
•54d on market•MLS# IG-26197265

Property 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!

Features & Amenities

FeeBuilt 1976

Property Details

Land Type
Fee
Year Built
1976
Property Type
Residential Income
Property Subtype
Commercial/Residential
Parking Spaces
0
Garage Spaces
0
Heating
Central
City
Moreno Valley
Zip Code
92553
County
Riverside
Listed byPONCE & PONCE REALTY, INC, Minerva Rodas

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$11,124.40
Principal & Interest
Loan Amount
$1,760,000
Total Interest
$2,244,783
Total Payment Over 30 Years
$4,004,783
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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