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22085 Cottonwood Avenue Moreno Valley, CA 92553
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Key Details
Sold Price $1,400,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 981 sqft
Price per Sqft $1,427
MLS Listing ID DW-22205955
Sold Date 02/15/23
Bedrooms 3
Full Baths 1
Year Built 1945
Lot Size 2.900 Acres
Property Description
Here is an amazing opportunity for developers or investors who are looking to construct in the growing city of Moreno Valley. This flat and valuable land can have up to 15 multi-family homes. Per the city, the land can be rezoned to an R15 as some lots in the area have already been rezoned to that. The previous owner was planning on constructing detached homes on the property. They also had 2 main sewer lines connected to the public sewer at the street, to the middle of the property, and another to the back. Although there is a 3 Bedroom 1 Bathroom home on the property, we are selling the property with the value in the land. All information is to be verified and satisfied by the buyer's own due diligence. PICTURES TO FOLLOW
Location
State CA
County Riverside
Zoning R2
Interior
Cooling Central Air
Fireplaces Type None
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Pool None
Community Features Curbs, Rural, Sidewalks, Street Lights, Suburban
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N Yes
View Mountain(s)
Building
Lot Description Lot Over 40000 Sqft, Rectangular Lot, Value In Land, 2-5 Units/Acre
Sewer Public Sewer
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