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21840 Cottonwood Ave Moreno Valley, CA, 92553
$2,699,000 Commercial for sale Other
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
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Property details
5,000 sqft interior area
Land area
260,000 sqft (5.97 acres)
Days on Verhouse
276
Address
21840 Cottonwood Ave, Moreno Valley, CA, 92553
City of California
Moreno Valley
County
Riverside
Year Built
1976
District
Listing
Nearby major retailers
Costco
Walmart Supercenter
Lowe's
T-Mobile
ALDI
Albertsons
Wholesale: 1
Supermarket: 3
Do it yourself: 1
Mobile phone: 1
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Interior Features
—
Utilities Included
Other Water/Sewer
Listed by
Tilak Chopra, CAL Top Realty & Investments
Name
Tilak Chopra
License number
00865458
Brokerage company
CAL Top Realty & Investments
MLS #
CRPW23150505
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Calculate your monthly payments
Mortgage
$8,287
Taxes
$0
HOA dues
$0
Mortgage
$539,800 / 20%
2.28%
30 years
Your amount
$8,287 / month
Lot details
TMK #263170004
Parcel nr.
263170004
92553 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 92553
50%
Families with children
National average: 39%
18%
Non family households
303,656
Population
$86,008
Average Income
Age & gender
Median age 31 years
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Commute types
91% commute by car
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Education level
30% have high school education
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Number of employees
4% work in education and healthcare
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Vehicles available
38% have 3 or more
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Vehicles by gender
38% have 3 or more
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Housing market insights for
$563.64k
Neighborhood average
sales price*
sales price*
$535k
Neighborhood median
sales price*
sales price*
178
Number
of sales*
of sales*
Housing type
72% are single detacheds
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Rooms
34% of the houses have 4 or 5 rooms
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Bedrooms
55% have 2 or 3 bedrooms
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Owners vs Renters
60% are owners
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13.67 / 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
Price history
New Listing Aug 12, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Aug 12, 2023 | New Listing | $2,699,000 | 0 | MLS #CRPW23150505 |
Taxes of 21840 Cottonwood Ave, Moreno Valley, CA, 92553
R2 zoning / MLS #CRPW23150505
Zoning
R2
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Frequently Asked Questions about 21840 Cottonwood Ave
What is 21840 Cottonwood Ave?
21840 Cottonwood Ave is a Commercial/Industrial propertywith 5,000 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
21840 Cottonwood Ave, Moreno Valley, CA, 92553.
What comparable properties are nearby?
Comparable nearby commercial properties include 22116 Bay Ave, 23670 Tower St, 2650 E Alessandro Blvd, 18805 Moss Rd, 2904 10th St, 3159 1st St.
Based on information from the bridgeMLS as of 05-14-2024. 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: Feb 23, 2024
Verhouse Last checked 4 minutes ago
The closest grocery stores are WinCo Foods, 0.77 miles away and ALDI, 0.9 miles away.
The 92553 zip area has a population of 303,656, and 50% of the families have children. The median age is 31.11 years and 91% commute by car. The most popular housing type is "single detached" and 60% is owner.