Moreno Valley, CA 92553,0 Fir AVE
Moreno Valley, CA 92553,0 Fir AVE
Moreno Valley, CA 92553,0 Fir AVE
Moreno Valley, CA 92553,0 Fir AVE
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$ 695,000
Est. payment | /mo

0.78 Acres Lot


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$ 695,000
Est. payment | /mo
Save

0.78 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24234757

HOA Y/N No

Annual Tax Amount $3,645

Lot Size 0.780 Acres

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.

Location

State CA

County Riverside

Area 259 - Moreno Valley

Zoning R15

Interior

Fireplace No

Exterior

Community Features Foothills

View Y/N No

View None

Building

Lot Description Street Level

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 481171051

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Bryant Brislin • The Hoffman Company • bbrislin@hoffmanland.com
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