Great location! Opportunity for Investors. Three parcels (APN 488160001, 488160002,488160003) of Hillside Residential (zoning HR) land, total 41.44 acres. With road easement recorded in title link to Cottonwood Ave. to the south. The lot is close to 60 FWY, between Nason St. and Moreno Beach Dr. Target, Kohl's, Walmart, Starbucks Coffee and lots of residential houses near by. The property is selling As Is.
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
Great medical / Office spaces off Cactus Ave. and Elsworth Street and minutes from 215 and 60 freeways. These spacious suites include reception, waiting area, multiple private offices, break room, conference room, storage rooms and two restrooms. The suites are approximately 3500 SQFT. THEY ARE AVAILABLE FOR IMMEDIATE OCCUPANCY.
PRICE REDUCED! Ready to build and flourish! This lot is 2.5 acres of flat land ready for a shopping center. It is located on the south-west corner of Moreno Beach Dr. and John F. Kennedy Dr. in the City of Moreno Valley. The lot has approximately 364' of frontage on John F. Kennedy Dr. and 300' of frontage on Moreno Beach Dr. This is a prime corner for a great shopping center; located just 2.5 miles from the 60 freeway and the Moreno Valley Auto Mall, less than a mile from the Lake Perris entrance gate, and very close to two medical large centers, with hospitals and Moreno Valley Community College. The owner has already secured city approval and a conditional use permit. Additionally, renderings, traffic surveys, site plans and designs have been completed. Bring your vision and watch it come to life! Renderings and site plans include a grocery store, two restaurants, various shopping, office, and service business opportunities, and more! Multiple newer housing communities are already established, with more under construction and planned. Don't miss your opportunity to join this thriving and growing community!
2.6 acres total for sale. Land has a 3-bedroom house on it. Zoned for 20 units per acre. House is on 0.46 acres. The land comes with APN # 481-150-024, 025, 026,027.
Major Price reduction: 4 Plex: 2-bedrooms 1 bath each unit approx. 816 sqft. Long term Tenants with month to month rents, and well kept. Each unit assigned 1 detached garage at rear of property. Property has separate laundry room with washer/dryer hook-ups, separately metered, currently not being used. 4-plex has 1 huge water heater servicing all 4 units. Landlord pays for this on separate meter. In this area, sewer is paid for on annual tax bill. All units have stoves belonging to tenant. IMPROVEMENTS: all windows on building replaced with new ones. All garage doors are new. New kitchens in most units. Newer flooring in most units. Over past years electrical & plumbing upgrades. 5th electric meter is for laundry room and exterior lighting. 5th gas meter is for water heater and laundry room. Do not disturb Tenants. Rents listed begin 08/01/2024.
The property consists of approximately 0.99 acres (43,125 sqft) located on Olive Wood Plaza Drive in Moreno Valley, CA. The property is adjacent to Highway 60 with excellent visibility and freeway frontage. Electronic billboard signage is allowed as well as building signage. Highway 60 has traffic counts of approximately 120,000 cars per day. The property is located just north of Sunnymead Blvd, one of Moreno Valley’s main retail corridors which has traffic counts of approximately 20,000 cars per day. The property is an infill lot with curb, gutter as well as all utilities, some on the property with the rest in the street. Sewer and water are serviced by EMWD. Surrounding the property are medical offices, restaurants, and auto-service retailers. The site is proposed for hotel development which is permitted under the Corridor Mixed Use zoning.
Long term owners selling net leased property creating an opportunity for new investors to collect rent, or potentially create new business ventures on an owned site. Located on bustling Sunnymead Blvd., the major artery of business in Moreno Valley. Very high traffic count of 31.8 and a walk score of 68. Iconic location in the midst of the "One of the most dynamic economic market potentials in contemporary California" per the city's home page, Grab the chance in a market that is about to explode. Property is less than a mile from the Perris Blvd exit off the 60 fwy. Across from a Bowlero and the Rio Rancho Super Mall. According to the U.S. Census Bureau, the population of Moreno Valley, California was 208,634 in 2021. This is an increase of 3.46% since the 2010 census, which recorded a population of 193,3652. Moreno Valley is the 20th largest city in California and the 109th largest city in the United States2. It is part of the San Bernardino-Riverside Metro Area, also known as the Inland Empire, which has a metro population estimated at 4.2 million. Subject to cancellation of current escrow. Buyer to verify square footage of lot and improvements through their due diligence.
BUY LOW, SELL HIGH ! Is certainly the Maxim for this grand investment opportunity. Situated south of Alessandro Blvd, on the east side of Gilman Springs Rd - for which the Road Safety / Widening project has been funded and approved. The sales price includes (4) adjoining parcels that total 71.5 Acres: APN’s 422-180-005, 006, 007 and 008. Designated easement access roads include Laurene Lane & Big Nash Road, with Quail Ranch Golf Course directly to the south. And directly across Gilman Springs Rd is the approved “World Logistic Center” project. The World Logistics Center project is a proposed major industrial and transportation project. Being in the “Path to growth”, these parcels could offer a great development opportunity for the shrewd investor, as well as a being an ideal vehicle for a 1031 Exchange placement. The Property is not annexed into the City of Moreno Valley but is in the Moreno Valley Sphere of Influence. All information provided in this listing should be independently verified by the prospective buyer. SELLER MOTIVATED, seller may carry. BRING ALL OFFERS. Parcels to be sold in “As is” condition.
PROPERTY FACTS: • LOCATION: Moreno Valley - Riverside County, CA • TOTAL SITE AREA: ±119.91 Acres • APN: 473-120-005, 473-120-010, 473-120-068, 473-120-069 • PURCHASE PRICE: $3,200,000 • PRICE PER ACRE: $26,686 • ZONING: 64.7 Acres: R1 Residential 55.21 Acres: R-A-1 & W-2-20 • GENERAL PLAN: 64.7 Acres: R1 Residential 55.21 Acres: Rural Community (VLDR), Rural Mountainous,& Open Space PROPERTY OVERVIEW: The subject property consist of 4 parcels that make up +/- 119.91 acres of raw land located in Moreno Valley at the northeast corner of Quincy Street and Manzanita Avenue and extends east to Redlands Boulevard. Approximately 64.7 acres of the property is within the city boundary of Moreno Valley, while the remaining balance (+/-55.21 acres) is in unincorporated Riverside County. The 64.7-acre portion is made up of relatively flat land, while the 55.21-acre portion is primarily made up of rolling hills. The flat portion of the property does have an expired tentative map for 23 large lot estate style single-family homes. Per the Eastern Municipal Water District, there are existing water lines running through Manzanita Ave and along the eastern border of the 64.7-acre parcel. Additionally, there appears to be power lines along the eastern border as well.
Moreno Valley is located in California. Moreno Valley, California has a population of 203,691. Moreno Valley is more family-centric than the surrounding county with 37.73% of the households containing married families with children. The county average for households married with children is 36.51%.
The median household income in Moreno Valley, California is $59,827. The median household income for the surrounding county is $60,807 compared to the national median of $57,652. The median age of people living in Moreno Valley is 30.3 years.
The average high temperature in July is 94.3 degrees, with an average low temperature in January of 42.3 degrees. The average rainfall is approximately 14.4 inches per year, with 0.3 inches of snow per year.