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.
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
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#: OC24234757
Originating 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