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24270 Myers Ave - Entitled 16 Unit Townhome Project 0.89 Acres of Residential Land Offered at $995,000 in Moreno Valley, CA 92553
EXECUTIVE SUMMARY
Motivated Seller - Approved sixteen (16) unit townhome/condo project on a flat site and a short drive to the 60 freeway. OPPORTUNITY ZONE - Potential Tax Benefits If Project Is Kept As A Rental Community. Schools are a short walking distance and neighborhood essentials like Sprouts market are a quick drive away. The last few remaining land parcels in Moreno Valley are getting developed very quickly one-by-one. This is an opportunity to purchase one where the overall project approval is already done and buyer will just have to process plan check and then can break ground.
PROPERTY FACTS
| Price | $995,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.89 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $995,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.89 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $995,000 | Lot Size | 0.89 AC |
| Price Per AC | $1,117,988.83 |
| Price | $995,000 |
| Price Per AC | $1,117,988.83 |
| Lot Size | 0.89 AC |
Condo For-Sale Project Or Potential To Lease Out Units As Rentals Four (4) Units x 1,770 sf Twelve (12) Units x 1,787 sf All Units 4 Beds, 3.5 Baths Two Car Garage - Side-By-Side Parking
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24270 Myers Ave - Entitled 16 Unit Townhome Project
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