21840 Cottonwood
Moreno Valley, CA, 92553
For Sale
$2,400,000
- 5.99acres
THERE ARE TOTAL 4 PARCELS AS FOLLOW
263-170-004,263-170-003,263-170-006,263-170-007 TOTAL ALMOST 6 ACRES OF LAND .ONE PARCEL IS ZONED R-15 CAN BUILS UPTO 15-16 APARTMENTS REST IT IS R-3 3 HOUSES +3 ADU PER ACRE TOTAL DEVELOPMENT WILL BE 15 HOUSES AND 15 ADU+16 APRTMENTS.PLEASE CONFIRM WITH CITY.
AT PRESENT THERE ARE 6 UNITS TOTAL INCOME ABOUT $8800 PER MONTH . TRIPLEX 2 3BD 1 BA UNIT AND 1 2BD 1BA AND 1 DUPLEX 2BD 1 BA AND ONE SINGLE FAMILY HOMES 2BD 1 BA. 3BD 1 BA UNIT PERFORMA RENT TO BE MINIMUM $2500 PER MONTH AND 2 BD SHOLD BE MINIMUM $2000 PER MONTH SO GROSS RENT SHOULD BE $13000 PER MONTH AFTER FIXING THE UNIT. MAKE OFFERS. GREAT POTENTIAL PROPERTY WALKING DISTANCE TO MALL AND SHOPPING,CLOSE TO FREEWAY 215 AND 60 FWY.
Listing agent:
Tilak Chopra
License #00865458
CAL Top Realty & Investments
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