Moreno Valley, CA 92553 21840 Cottonwood Avenue
$2,699,000
Presented By: Tilak Chopra with CAL Top Realty & Investments; 714-267-2552
Beds • 14
Baths • 6
SQFT • 5,000
Home Details
There are total 6 acres of land and 6 apartments, selling as land value as you can build additional houses and apartments on this property, it is an excellent location for development. Rental income effective Feb 1,2024 will be $8285 which is way below market rent ,Market rent for 2 bd is $2100 and 3 bd 2800 . Market rent could be $12000+ per month
Presented By: Tilak Chopra with CAL Top Realty & Investments; 714-267-2552
Interior Features for 21840 Cottonwood Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1
Other Rooms
Entry Level1
General for 21840 Cottonwood Avenue
Additional Parcels Description263-170-003, 263-170-006, 007
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMoreno Valley
Community FeaturesCurbs
CountyRiverside
Days on Market195
Directions60fwy east exit on Day st South on Day to cottonwood Make right.
Electric Expense0.0
Entry Locationfront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income8285.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense4200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Submit
Lot Size Square Feet260000.0
MLS Area259 - Moreno Valley
MobileHomeRemainsYNNo
Net Operating Income69420.0
New ConstructionNo
Operating Expense30000.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameCottonwood
Tax Lot53
Tenant PaysAllUtilities
Total Units6
Trash Expense0.0
View Y/NNo
Water Sewer Expense3000.0
Waterfront Y/NNo
Year Built1976
Year Built SourceOther
ZoningR2
Exterior for 21840 Cottonwood Avenue
Building Area Total5000.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres5.9688
Lot Size Area260000.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings3
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480