21840 Cottonwood Avenue, Moreno Valley, CA 92553
  • MLS#: PW23150505 ( Apartment )
  • Street Address: 21840 Cottonwood Avenue
  • Viewed: 1
  • Price: $2,699,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1976
  • Bldg sqft: 0
  • Days On Market: 461
  • Additional Information
  • County: RIVERSIDE
  • City: Moreno Valley
  • Zipcode: 92553
  • Provided by: CAL Top Realty & Investments
  • Contact: Tilak Tilak
  • California Regional MLS IDX
  • DMCA Notice
  • 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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Features
Additional Parcels Description
  1. 263-170-003
  2. 263-170-006
  3. 007
Association Fee
  1. 0.00
Building Area Total
  1. 5000.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 421
Electric Expense
  1. 0.00
Entry Location
  1. front
Fireplace Features
  1. None
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 4200.00
Laundry Features
  1. None
Levels
  1. One
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 69420.00
Parcel Number
  1. 263170004
Pool Features
  1. None
Postalcodeplus4
  1. 8178
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Other
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 400473364:CRM
Tenant Pays
  1. All Utilities
Totalexpenses
  1. 30000.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 3000.00
Water Source
  1. Public
Year Built
  1. 1976
Year Built Source
  1. Other
Zoning
  1. R2