Overview
- Residential Income
- 5.0
- 4400 Sqft
- 1965
Description
Great Investment Opportunity. 4 homes on 2.8 acres ZONED R-15. This zoning per City of Moreno Valley allows for 12-15 units per acre. All homes are currently occupied by established, quality, pay on time tenants. All 4, well maintained homes feature 3 bedrooms and 1 bath. Each home on separate water/electric meters! Convenient family orientated floor plans. Revamped in and out, paint, new tile, carpet, granite counters, wall heaters, evaporative coolers, copper piping. Tenant supplied refrigerators and stoves greatly reduce owner responsibility. Each home maintains their own private, fenced yard. All units have multiple parking spaces for family and guests. Two homes feature large, two-car detached garages. One home has one-car attached garage. One home has carport. Parcel is flat, fenced, and cross-fenced with multiple out-buildings, including separately fenced large workshop and storage garage. Back of lot flat and vacant could be desirable location for additional units. Property is conveniently located close to shopping, including, Moreno Valley Mall, Target, Costco, Wal-Mart, PetsMart, Lowes, BJ’s Pizza, Hooters, Acapulcos, Red Robin, Olive Garden, March Air Base, and I215 and 60 frwys. Area is growing very rapidly and so is the need for housing!
Address
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Address: 22395 Cottonwood Avenue
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City: Moreno Valley
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State/county: CA
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Zip/Postal Code: 92553
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Country: US
Details
Updated on January 14, 2025 at 2:07 am-
Property ID LG15017605
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Price $679,000
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Property Size 4400 Sqft
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Land Area 2.79 Acres
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Garages 5.0
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Year Built 1965
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Property Type Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan, Owner May Carry, Submit
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Roof Composition
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Utilities Cable Available, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
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Cooling Evaporative Cooling
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Heating Wall Furnace
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Flooring Carpet, Tile, Vinyl
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County Riverside
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Property Type Residential Income
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Pool None
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Parking Boat, Concrete, Door-Multi, Door-Single, Garage, Garage Door Opener, On Site, Off Street, RV Hook-Ups, RV Potential, RV Gated, RV Access/Parking, Unpaved, Workshop in Garage
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Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Mortgage Calculator
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