858-525-5007

21840 Cottonwood, Moreno Valley CA 92553 | $2,300,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 260924.4 Lot Sq Ft
  • Type: Apartment
  • Stories: 1
  • Year Built: 1976
  • MLS#: PW25243605
  • Community: 259 - Moreno Valley

Listing provided courtesy of Tilak Chopra of CAL Top Realty & Investments. Last updated 2026-04-21 08:11:31.000000. Listing information © 2025 SANDICOR.

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. PROPERTY NEEDS SOME REPAIRS TO BRING TO MARKET RENT WHICH WILL BE BETWEEN $13000-$14500 PER MONTH. 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 $2600 PER MONTH AND 2 BD SHOLD BE MINIMUM $2200 PER MONTH SO GROSS RENT SHOULD BE $14000 PER MONTH AFTER FIXING THE UNIT. MAKE OFFERS. GREAT POTENTIAL PROPERTY WALKING DISTANCE TO MALL AND SHOPPING,CLOSE TO FREEWAY 215 AND 60 FWY. RENTS EFFECTIVE FEB1,2026 WILL BE $9675 PER MONTH.PRICE REDUCED $100000.MAKE OFFERS

More Details

5.99 Acres
1 Story

David Piper​

Call or Text: 858-525-5007

DRE# 02021985