Moreno Valley, CA 92553,0 Fir
Moreno Valley, CA 92553,0 Fir
Moreno Valley, CA 92553,0 Fir
3
$625,000
$695,000
10.1%
Est.Price: ?

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0.78 Acres Lot

0 Fir Moreno Valley, CA 92553

Est. payment /mo
SOLD DATE : 01/23/2025

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Key Details

Sold Price $625,000

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC24234757

Sold Date 01/23/25

HOA Y/N No

Lot Size 0.780 Acres

Acres 0.78

Property Sub-Type Lots/Land

Property Description

Full Marketing Package Available. This site has an approved project 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.
Full Marketing Package Available. This site has an approved project 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

Acceptable Financing Cash

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by Bryant Brislin • The Hoffman Company
Bought with Jill Barnett • Corona Realty

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agent

Jocelyn Lomahan

Realtor | License ID: 01341830

+1(858) 204-2323

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