$2,699,000 Price Analysis    ♡   Moreno Valley, CA 92553 14 bed None bath 5,000 SqFt ($539/SqFt) 5.97 acre lot. Built 1976 Listed 2023-08-13, Taxes $2,757 | Ⓧ USDA Ineligible due to price & location near Moreno Valley |
There are total 6 acres of land and 6 apartments
Selling as land value as you can build additional houses and apartments on this p roperty, it is an excellent location for development.
Rental incme 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 at
Cal Top Realty & Investments.
Property MLS #PW23150505 from CRMLS
Bedrooms: 14
Heating Features: Central
Heating: Yes
Heating: Yes
Additional Parcels Description: 263-170-003, 263-170-006, 007
Lot Description: 2-5 Units/Acre
Lot Size Acres: 5.9688
Lot Size Source: Assessor
Lot Size Square Feet: 260000
Lot Description: 2-5 Units/Acre
Lot Size Acres: 5.9688
Lot Size Source: Assessor
Lot Size Square Feet: 260000
Number of Units: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 3
Bedrooms in Unit-6: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 3
Bedrooms in Unit-6: 3
Calculated Total Monthly Association Fees: 0
Tenant Pays: All Utilities
Community Features: Curbs
Source Listing Status: Active
County: Riverside
Source Property Type: Residential Income
Insurance Expense: 4200.00
Area: 259 - Moreno Valley
Source Neighborhood: 259 - Moreno Valley
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 1
Parcel Number: 263170004
Postal Code Plus 4: 8178
Zoning: R2
Source System Name: C2C
County: Riverside
Source Property Type: Residential Income
Insurance Expense: 4200.00
Area: 259 - Moreno Valley
Source Neighborhood: 259 - Moreno Valley
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 1
Parcel Number: 263170004
Postal Code Plus 4: 8178
Zoning: R2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $129,004 + $91,877 $220,881 | $2,757 |
| 2020 | $125,179 + $89,153 $214,332 | $2,682 |
| 2019 | $122,725 + $87,405 $210,130 | $2,640 |
| 2018 | $120,316 + $85,695 $206,011 | $2,556 |
| 2017 | $117,957 + $84,015 $201,972 | $2,467 |
| 2016 | $115,645 + $82,368 $198,013 | $2,443 |
| 2015 | $106,000 + $80,000 $186,000 | $2,308 |
| 2014 | $99,000 + $54,000 $153,000 | $1,844 |
| 2013 | $77,000 + $43,000 $120,000 | $1,497 |
| 2012 | $77,000 + $43,000 $120,000 | $1,492 |
| 2010 | $55,000 + $65,000 $120,000 | $2,229 |
| 2009 | $65,000 + $65,000 $130,000 | $1,645 |
| 2009 | $108,000 + $60,000 $168,000 | $1,645 |
| 2008 | $117,984 + $64,945 $182,929 | $2,617 |
| 2007 | $115,671 + $63,672 $179,343 | $2,398 |
Listed 2023-08-13
$2,699,000
CRMLS
Sold 1994-07-05
$80,000
Public Record
Sold 1989-05-01
$97,500
Public Record
$2,699,000
CRMLS
Sold 1994-07-05
$80,000
Public Record
Sold 1989-05-01
$97,500
Public Record
Net Operating Income: 69420.00
Total Square Feet Living: 5000
Year Built: 1976
Building Features: 3
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front
Property Age: 48
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Apartment
Year Built: 1976
Building Features: 3
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front
Property Age: 48
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Apartment
Sewer: Sewer: Other, Water Sewer Expense: 3000.00
Water Source: Public
Water Source: Public
Edgemont Elementary School is a public elementary school located approximately 0.5 miles away.
Map directions
Map directionsMoreno Valley High School is a public high school located approximately 1.5 miles away.
Map directions
Map directionsSunnymead Middle School is a public middle school located approximately 2.2 miles away.
Map directions
Map directionsGHS Academy is a private elementary, middle and high school located approximately 1.2 miles away.
Map directions
Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.