21840 Cottonwood Avenue, Moreno Valley, CA 92553

$2,699,000
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List Price
$2,699,000
MLS#
PW23150505
Status
ACTIVE
Type
Multifamily
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Property Description

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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Calculator source: Real Geeks

Courtesy of CAL Top Realty & Investments, Tilak Chopra.