This is an Entitled 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 Map #38676 can be researched at the city regarding the final stages remaining. 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. SEE SUPPLEMENTS FOR PLANS AND OFFERING MEMORANDUM. Buyer to do their own due diligence to regarding any and all marketing information to satisfy themselves.
| MLS # | IG26155837 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 87 |
| Listing Provided By | Re/Max Time Realty | Robert Mendez |
| Zoning | VR |
|---|---|
| Acreage | 0.89 |
| Property View | Yes |
| Lot Features | Eleven To Fifteen Units Acre, Level, Rectangular Lot |
|---|
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|
| Community Features | Suburban, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Riverside |
| City | Moreno Valley |
| Zip Code | 92553 |
| Area | 259 Moreno Valley |
| Listing VS Median (in 92553) | |
Price: $799,995 low | high Med: $1,325,000 On site: 87 low | high Med: 129.5 | |
| State | CA |
|---|---|
| County | Riverside |
| City | Moreno Valley |
| Zip Code | 92553 |
| Area | 259 Moreno Valley |
| Listing VS Median (in 92553) | |
Price: $799,995 low | high Med: $1,325,000 On site: 87 low | high Med: 129.5 | |