21840 Cottonwood, Moreno Valley, CA 92553
Local realty services provided by:Better Homes and Gardens Real Estate Champions
21840 Cottonwood,Moreno Valley, CA 92553
$2,300,000
- - Beds
- - Baths
- 864 sq. ft.
- Multi-family
- Active
Listed by: tilak chopra
Office: cal top realty & investments714-777-9307
MLS#:PW25243605
Source:CRMLS
Price summary
- Price:$2,300,000
- Price per sq. ft.:$2,662.04
About this home
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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Home facts
- Year built:1976
- Listing ID #:PW25243605
- Added:204 day(s) ago
- Updated:May 13, 2026 at 10:45 AM
Rooms and interior
- Living area:864 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1976
- Building area:864 sq. ft.
- Lot area:5.99 Acres
- Levels:1 Story
Finances and disclosures
- Price:$2,300,000
- Price per sq. ft.:$2,662.04
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