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21800 Cottonwood Ave
6 Acres of Residential Land Offered at $3,825,751 CAD in Moreno Valley, CA 92553
Investment Highlights
- land value of 6 acres with income of $8250+ per month for future development
Executive Summary
Perfect location at the junction of 60 fwy and 215 Fwy.Walking distance to Moreno Valley Mall. Parcel # 263-170-003.004.006.007
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$138,912
|
$23,152.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$138,912
|
$23,152.01
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$35,437
|
$5,906.12
|
| Net Operating Income |
$103,475
|
$17,245.88
|
Financial Summary (Actual - 2022)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $138,912 |
| Annual Per AC | $23,152.01 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $138,912 |
| Annual Per AC | $23,152.01 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $35,437 |
| Annual Per AC | $5,906.12 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $103,475 |
| Annual Per AC | $17,245.88 |
Property Facts
| Price | $3,825,751 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Total Lot Size | 6.00 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $3,825,751 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 6.00 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $3,825,751 CAD | Lot Size | 6.00 AC |
| Price Per AC | $637,625 CAD |
| Price | $3,825,751 CAD |
| Price Per AC | $637,625 CAD |
| Lot Size | 6.00 AC |
Excellent all flat lot for Multi family or Commercial as this 5 acre is under flight path City will be willing to allow some commercial use as Truck parking or storage in the heart of Moreno Valley. Hugh Development around this property. Great Buy!
Description
EXCELLENT ALL FLAT USABLE LOT 6 ACRES TO BUILD APARTMENTS. VERY HIGH DEMAND FOR APARTMENTS. RENTS $2200-$3200 PER MONTH. GREAT OPPORTUNITY TO MAKE A GREAT ASSET. CLOSE TO MALLS AND FREEWAY. NEARBY HOLIDAY INN AND MARRIOTT IS COMING WITHIN WALKING DISTANCE. MAKE OFFERS BEFORE IT IS GONE. Please call 714-267-2552 Tilak Chopra
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $89,109 CAD (2023) | |
| Land Assessment | $255,597 CAD (2023) | Total Assessment | $344,706 CAD (2023) |
PROPERTY TAXES
zoning
| Zoning Code | R-15 |
| R-15 |
Presented by
Cal-Top Realty & Investments
21800 Cottonwood Ave
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