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 $8835 which is way below market rent ,Market rent for 2 bd is $2100 and 3 bd 2800 . Market rent could be $12000+ per month
Off market
Listing Provided by:
$229,803
21840 Cottonwood Ave, Moreno Valley, CA 92553
--beds
--baths
5,000sqft
Multi Family
Built in 1976
-- sqft lot
$-- Zestimate®
$46/sqft
$1,680 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 23, 2025 at 01:33pm
Source: CRMLS,MLS#: PW23150505
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Heating
- Central
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,000
- Total interior livable area: 5,000 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
Lot
- Size: 5.97 Acres
- Features: 2-5 Units/Acre
Details
- Additional parcels included: 263170003,263170006,007
- Parcel number: 263170004
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Other
- Water: Public
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: Moreno Valley
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Submit