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Sold for $625,000 on 01/23/25
  • Listing Provided by: 

    Bryant Brislin DRE #01877964 bbrislin@hoffmanland.com,

    The Hoffman Company

    $625,000

    0 Fir Ave, Moreno Valley, CA 92557

    --beds
    --baths
    0.78Acres
    Unimproved Land
    Built in ----
    0.78 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,112 Estimated rent

    What's special

    Full Marketing Package Available. This site has an approved project for an eleven (11) unit rental townhome project. Each unit is comprised of ±1,222 sf with 4 Beds, 2.5 Baths. With rental market inventory being so tight and very little new apartment projects being built, this property represents an exciting opportunity for an investor to produce for long-term cash flow and/or to sell when market cap rates are very low. Located only one block from the freeway which is ideal for tenants who commute either to the Coachella Valley (east) or Riverside/Orange County/Los Angeles (west). The immediate area has all the retail essentials, and within a short drive are the various Towngate shopping centers with Costco, Target, ALDI, 24 Hour Fitness & much more.

    Zillow last checked: 7 hours ago

    Listing updated: January 23, 2025 at 09:30pm

    Listing Provided by:

    Bryant Brislin DRE #01877964 bbrislin@hoffmanland.com,

    The Hoffman Company

    Bought with:

    Jill Barnett, DRE #01756008

    Corona Realty

    Source: CRMLS,MLS#: OC24234757MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.78 Acres
    • Features: Street Level
    Details
    • Parcel number: 481171051
    • Zoning: R15
    • Special conditions: Standard

    Utilities & green energy

    • Water: See Remarks

    Community & neighborhood

    Community
    • Community features: Foothills
    Location
    • Region: Moreno Valley

    Other

    Other facts
    • Listing terms: Cash
    Services availability