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  • MLS#: PW25243605 ( Apartment )
  • Street Address: 21840 Cottonwood
  • Viewed: 2
  • Price: $2,300,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1976
  • Bldg sqft: 0
  • Days On Market: 100
  • Additional Information
  • County: RIVERSIDE
  • City: Moreno Valley
  • Zipcode: 92553
  • Provided by: CAL Top Realty & Investments
  • Contact: Tilak Tilak
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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
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Features
Building Area Total
  1. 864.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Country
  1. US
Days On Market
  1. 97
Electric Expense
  1. 0.00
Entry Location
  1. level
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 4500.00
Laundry Features
  1. In Kitchen
Levels
  1. One
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 86100.00
Parcel Number
  1. 263170004
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Other
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 449543092:CRM
Totalexpenses
  1. 30000.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 0.00
Year Built
  1. 1976
Year Built Source
  1. Assessor