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$ 900,000
Est. payment | /mo
0.96 Acres Lot
$ 900,000
Est. payment | /mo
0.96 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24194532
HOA Y/N No
Lot Size 0.960 Acres
Property Description
Property has preliminary plans for the construction of a 26-unit senior housing development on just under an acre of land. The three story construction project consist of 20 units that will be 1 bedroom and 1 bathroom along with 6 singles with 1 bathroom each. The building also includes a managers office, a common use area that can be used as a gym, recreation room, barber shop and a pharmacy. No garages required only 38 stalls leaving 26 covered and 12 uncovered spaces. Currently property has a duplex consisting of units with a 1 bedroom and 1 bath each. Topography report has been completed along with the soil's reports showing favorable building conditions. The construction cost of the Proposed 26-unit building is not included in sales price.
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning R-15
Interior
Fireplace No
Exterior
Fence Chain Link
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
View Y/N No
View None
Building
Lot Description 26-30 Units/Acre
Sewer Septic Type Unknown
Water Private
New Construction No
Others
Senior Community No
Tax ID 291130022
Acceptable Financing Cash, Conventional, FHA, Submit, VA Loan
Listing Terms Cash, Conventional, FHA, Submit, VA Loan
Special Listing Condition Standard
Listed by Mourice Gonzalez • LoanRate