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Investment Highlights

  • ±0.89 Acre Site
  • Approved TTM 16-Unit Townhomes
  • All Utilities Available
  • ±0.89 Acre Site
  • Opportunity Zone
  • Curb & Gutter finished along Myers

Executive Summary

This is a 16-unit townhome development opportunity located on approximately 0.89 acres in Moreno Valley, California.? Each unit is planned for approximately ±1800 SF and 3-stories high, and involve 4 bedrooms, with 3.5 bathrooms. However, any buyer/developer can easily modify to suit their preferred type of development/structure style. The Tentative Tract Map (TTM) #38676 allows for 16 townhome units.? The property is zoned SP-204-VR (Village Residential) and is located in an Opportunity Zone, just minutes from the I-60 Freeway and within walking distance to schools.? All utilities are available, and curb and gutter work has been finished along Myers Avenue.? Buyer to do their own due diligence to regarding any and all marketing information to satisfy themselves.

Property Facts

Price $799,990
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Planned Unit Development
  • Single Family Development
  • Single Family Residence
Total Lot Size 0.89 AC
Opportunity Zone Yes
Zoning SP-204-VR - Village Residential

1 Lot Available

Lot

Price $799,990
Price Per AC $898,865.17
Lot Size 0.89 AC

0.89 Acre Lot - Approved 16 Unit Townhome Project

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
481-240-038
Land Assessment
$434,924
Improvements Assessment
$265,470
Total Assessment
$700,394
  • Listing ID: 41322811

  • Date on Market: 7/16/2026

  • Last Updated:

  • Address: 24270 Myers Ave, Moreno Valley, CA 92553

Contact the Sale Advisor

24270 Myers Ave - Entitled 16 Unit Townhome Project

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