13860 Nason, Moreno Valley, CA 92555
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
13860 Nason,Moreno Valley, CA 92555
$5,470,000
- 0 Acres
- Lots / Land
- Active
Listed by: mark testa
Office: sellers net inc
MLS#:OC26197555
Source:San Diego MLS via CRMLS
Price summary
- Price:$5,470,000
About this home
**6.19 ACRES | DOWNTOWN CENTER | MULTIFAMILY DEVELOPMENT OPPORTUNITY | MORENO VALLEY** **Prime 6.19 acre development opportunity directly across from the new Lewis Downtown Center at Nason Street and Alessandro Boulevard.** Located in Moreno Valleys Downtown Center Zoning with no density limit. this exceptional site offers a developer the rare opportunity to acquire a substantial, strategically located parcel with multiple development options. The property has already been studied for a **190-unit multifamily development**, providing a potential starting point for a developer looking to move forward with an existing concept. or a **blank slate** for a developer to create its own vision and maximize the site's tremendous potential. Situated and bordering three streets**, the property offers excellent access, frontage, visibility and design flexibility that is difficult to find in a site of this size. Its location directly across from the planned **Lewis Downtown Center** creates significant long-term upside as the surrounding area develops into one of Moreno Valley's major mixed-use destinations. The property is also currently generating approximately **$12,000 per month in income**, providing the opportunity to **bank the property and collect income while the Downtown Center continues to develop**, or move forward with a multifamily project now. **2 strategies:** Move forward:** Utilize the existing 190-unit multifamily concept or develop your own higher-density design. Bank and hold:** Acquire the property, collect approximately $12,000/month in current income, and benef...
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Home facts
- Listing ID #:OC26197555
- Added:11 day(s) ago
- Updated:September 21, 2026 at 02:40 PM
Finances and disclosures
- Price:$5,470,000
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