SOLD 03/04/2024
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Land sold for $950,000 in 63 days
Bay Ave Moreno Valley, CA, 92555
Off the market 8.93 acres
Incredible development opportunity in located in the heart of one of the fastest growing cities in the inland empire, Moreno Valley. The Oliver/Bay site is approximately 8.93 acres of flat land zoned R-3, 3 lots per acre. The property is conveniently located near the CA-60, existing large commercial developments with anchors such as Target, Wal-Mart, the Riverside University Health System Medical and Surgical center, schools, and new commercial developments. There are multiple large new housing developments adjacent to the property being built by Lennar, KB Homes, & DR Horton. There is great potential for all this property has to offer.
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Property details
388,991 sqft interior area
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Mountain(s)
Land area
388,991 sqft (8.93 acres)
Price per sqft
$2/sqft
Address
Bay Ave, Moreno Valley, CA, 92555
City of California
Moreno Valley
County
Riverside
District
Listing
Zoning
R-3
Open Houses
No upcoming open houses
Listed by
James Pearson, Berkshire Hathaway HomeServices California Properties
Name
James Pearson
License number
00817566
Brokerage company
Berkshire Hathaway HomeServices California Properties
MLS #
CRSR24000610
Buyer agent
Name
General Nonmember
Brokerage company
NONMEMBER MRML
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Mortgage
$2,917
Taxes
$0
HOA dues
$0
Mortgage
$190,000 / 20%
2.28%
30 years
Your amount
$2,917 / month
Lot details
TMK #488220014
Parcel #
488220014
92555 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 92555
50%
Families with children
National average: 39%
15%
Non family households
204,123
Population
$77,964
Average Income
Age & gender
Median age 30 years
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Commute types
93% commute by car
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Education level
30% have high school education
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Number of employees
5% work in education and healthcare
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Vehicles available
44% have 3 or more
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Vehicles by gender
44% have 3 or more
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Housing market insights for
$550.79k
Neighborhood average
sales price*
sales price*
$532.5k
Neighborhood median
sales price*
sales price*
248
Number
of sales*
of sales*
Housing type
78% are single detacheds
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Rooms
36% of the houses have 6 or 7 rooms
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Bedrooms
49% have 2 or 3 bedrooms
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Owners vs Renters
65% are owners
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13.17 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Other Water/Sewer, Water/Sewer See Remarks, See Remarks
Utilities
Other Water/Sewer, Water/Sewer See Remarks, See Remarks
Location Details, Documents & Disclosures
—
Directions to property
From Highway 60, exit Moreno Be
Price history
Sold Mar 4, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 4, 2024 | Sold | $950,000 | 2.44 | Public Record |
| Mar 4, 2024 | Price Decrease | $950,000 -17.39% | 2.44 | MLS #CRSR24000610 |
| Jan 18, 2024 | Under contract | $1,150,000 | 2.96 | MLS #CRSR24000610 |
| Jan 2, 2024 | New Listing | $1,150,000 | 2.96 | MLS #CRSR24000610 |
| Oct 24, 2023 | Unavailable | $1,150,000 | 0 | MLS #CRSR23096385 |
| Oct 18, 2023 | For sale | $1,150,000 | 2.96 | MLS #CRSR23096385 |
| Oct 9, 2023 | Unavailable | $1,150,000 | 0 | MLS #CRSR23096385 |
| Jun 16, 2023 | New Listing | $1,150,000 | 2.96 | MLS #CRSR23096385 |
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Frequently Asked Questions about Bay Ave
What is Bay Ave?
Bay Ave is a lot of 8.93 acres (about is 388,991 sqft).
What is the full address of this Land?
Bay Ave, Moreno Valley, CA, 92555.
Tell me about the point of interest nearby
The closest grocery stores are Stater Bros., 0.71 miles away and Walmart Supercenter, 1.04 miles away.
Based on information from the bridgeMLS as of 05-03-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 04, 2024
Verhouse Last checked 7 minutes ago
The closest grocery stores are Stater Bros., 0.71 miles away and Walmart Supercenter, 1.04 miles away.
The 92555 zip area has a population of 204,123, and 50% of the families have children. The median age is 30.82 years and 93% commute by car. The most popular housing type is "single detached" and 65% is owner.
