13680 Day Street, Moreno Valley, CA

$1,200,000 Approx. USD 0 beds, 0 baths
220,414 sqft

Agent Remarks

This is an excellent property for development,it is made up of 2-2.5 acre parcels,one of the parcels has 2 duplexes on it,the other parcel has a single family home on it, it is zoned r-15,but if you put in senior or low income housing,the city said it will double the density to r-30 for a total of about (150 Units).Located close to major shopping,restaurants, medical facilities and the 215 and 60 freeways,the location is great.It is on a highly traveled main street,right on the corner.All utilities are already to the site.The water company recently ran a new 12" water main to service the property. There are 2 duplexes and 1 single family home on the site with rents over $5,000 per month,for development,these structures will be scrape offs. The seller may carry the loan with $200,000 down,interest rate at 5% for 5 years,the rents should cover the interest only payments.Parcel number(291-150-013) is included in the sale,for a total of 5.06 acres. Do not hesitate to submit all offers.

Listing Details

Property type: Land (Lots/Land)
Status: Pending
MLS# IV15209933
List price is $1,200,000 Reduced by $295,000 on 5/18/2016
Beds: 0
Baths: 0
220,414 sqft
5.06 acres
Lot size: 5.060
County: Riverside
Zoning: r-30
MLS area: 259 - Moreno Valley

Last Updated: 9/19/2016

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This listing belongs to the 259 - Moreno Valley MLS area

The listing is zoned r-30.
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Lat/Long: 33.921512, -117.277832.
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