$2,000,000
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5.06 Acres Lot
SOLD DATE : 09/02/2022
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV21193703
Sold Date 09/02/22
HOA Y/N No
Year Built 1970
Lot Size 5.060 Acres
Property Sub-Type Quadruplex
Property Description
The Seller is currently working with the city to split these lots. The sales price does not include the 5 units only the 4 acres of vacant land to the east of the units.This is an excellent property for development,it is made up of 2-2.5 acre parcels,one of the parcels has 2 duplexes on it,the other parcel has a single family home on it, it is zoned R3.Located close to major shopping,restaurants, medical facilities and the 215 and 60 freeways,the location is great.It is on a highly traveled main street,right on the corner.All utilities are already to the site.The water company recently ran a new 12" water main to service the property. There are 2 duplexes and 1 single family home on the site with rents over $5,000 per month,for development,these structures will be scrape offs. Parcel number(291-150-013) can be included in sale in the sale,for a total of 5.06 acres. Do not hesitate to submit all offer
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning R3
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking
Total Parking Spaces 4
Private Pool No
Building
Lot Description Lot Over 40000 Sqft, Rectangular Lot
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 291150004
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae
Financing Cash
Special Listing Condition Standard
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Bought with PACO CRAIG NATIONAL REALTY GROUP
