-Prime 21.19 Acre Apartment Site
-500 Unit Apartment Development to have Full Entitlements by Fall 2025
-Close to the New Freeway Interchange on Moreno Beach Drive That was Completed in 2024
-City of Moreno Valley Job Creation Exceeding 30,000 Over the Past 10 Years
-Nearby World Logistics Center (WLC), a 40.6 Million Square Foot Project That Will Provide a $2 Billion Annual Economic Benefit to the City
-An Additional 20,000 New Jobs Coming From the Recently Approved WLC Project That Is Scheduled to Break Ground in 2025
-Close Proximity to the Riverside University Health System Medical Center, a Hospital That Employs 6,000 Workers and Has an Economic Impact of $1.6 Billion
-Nearby the New Kaiser Medical Center Project, an Expansion Plan That Will Add 1,125,000 Square Feet of Medical Services and Create 4,000 New Jobs in the City
Lot/land
Listing Provided by:
JERRY STEPHENS DRE #00546372 951-567-3849,
DIVERSIFIED REALTY INC.
$21,000,000
28057 Bay Ave, Moreno Valley, CA 92555
--beds
--baths
21.19Acres
Unimproved Land
Built in ----
21.19 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 42 days
- on Zillow |
- 77 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 05:52am
Listing Provided by:
JERRY STEPHENS DRE #00546372 951-567-3849,
DIVERSIFIED REALTY INC.
Source: CRMLS,MLS#: IV25143930
Originating MLS: California Regional MLS

Travel times
Facts & features
Property
Features
- Has view: Yes
- View description: None
Lot
- Size: 21.19 Acres
- Features: 26-30 Units/Acre
Details
- Additional parcels included: 478060019,478060004,478060016,478060017,478060022,478060023,478060024
- Parcel number: 478060018
- Zoning: R30
- Special conditions: Standard
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Valley
Location
- Region: Moreno Valley
Financial & listing details
- Date on market: 6/26/2025
- Listing terms: Cash,1031 Exchange,Land Use Fee
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