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22020 Bay AVE Moreno Valley, CA 92553
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Key Details
Sold Price $2,500,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV21193774
Sold Date 09/02/22
HOA Y/N No
Lot Size 5.060 Acres
Acres 5.06
Property Description
The Seller is currently working with the city to split these lots. The sales price does not include the 5 units only the 4 acres of vacant land to the east of the units.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 R3.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. Parcel number(291-150-013) can be included in sale in the sale,for a total of 5.06 acres. Do not hesitate to submit all offer.
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning R3
Interior
Fireplace No
Exterior
Community Features Rural
View Y/N Yes
View Mountains, Neighborhood
Building
Lot Description LotOver40000Sqft, Level, RectangularLot
Water Public
New Construction No
Others
Senior Community No
Tax ID 291150013
Acceptable Financing Cash, CashtoNewLoan, Conventional, Item1031Exchange, FreddieMac
Listing Terms Cash, CashtoNewLoan, Conventional, Item1031Exchange, FreddieMac
Financing Cash
Special Listing Condition Standard
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Bought with PACO CRAIG • NATIONAL REALTY GROUP