21840 Cottonwood Ave, Moreno Valley, CA 92553 - View 1
21840 Cottonwood Ave, Moreno Valley, CA 92553 - View 2
21840 Cottonwood Ave, Moreno Valley, CA 92553 - View 3

21840 Cottonwood Ave, Moreno Valley, CA 92553

List Price: $2,599,000On Market FlagOn market
Aug 12, 2023864 sqft2 beds1 baths
Listed by: Tilak Chopra
License #: 00865458
Phone #: 7142672552
CAL Top Realty & Investments
Source:
CRMLS Logo
MLS #: PW23150505

Property Description

There are total 6 acres of land and 6 apartments, selling as land value as you can build additional houses and apartments on this property, it is an excellent location for development. Rental income effective Feb 1,2024 will be $8835 which is way below market rent ,Market rent for 2 bd is $2100 and 3 bd 2800 . Market rent could be $12000+ per month
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

-$6,159

TurboHome Estimated Value

$1,094,200

$1,266 sqft

High Valuation
$1,148,910
$1330/sqft
Normal Valuation
$1,094,200
$1266/sqft
Low Valuation
$1,039,490
$1203/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1266/sqft$1,094,200

Location

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