21840 Cottonwood Ave, Moreno Valley, CA 92553
FOR SALE5.97 ACRES
Listed by Tilak Chopra, CAL Top Realty & Investments, (714) 777-9307

21840 Cottonwood Ave
Moreno Valley, CA 92553

Edgemont
  • 14 Beds
  • 5,000 sqft (on 5.97 acres)
  • 14 Beds
  • 5,000 sqft (on 5.97 acres)

$2,699,000

Est. Mortgage $17,175/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

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 $8285 which is way below market rent ,Market rent for 2 bd is $2100 and 3 bd 2800 . Market rent could be $12000+ per month

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$540
Listed
180+ days ago

Home Details for 21840 Cottonwood Ave

Interior Features

Beds & Baths
Number of Bedrooms: 14
Appliances & Utilities
Laundry: None
Heating & Cooling
Heating: CentralHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: front

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Other
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1976
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 263170004Additional Parcels Description: 263-170-003, 263-170-006, 007

Price & Status

Price
List Price: $2,699,000Price Per Sqft: $540

Active Status

MLS Status: Active

Location

Direction & Address
City: Moreno Valley

Agent Information

Listing Agent
Listing ID: PW23150505

Building

Building Area
Building Area: 5000 Square Feet

Community

Community Features: CurbsNot Senior Community

HOA

Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 5.9688 Acres

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: All Utilities

Rental

No Rent Control

Miscellaneous

Mls Number: PW23150505Attribution Contact: 714-267-2552

Additional Information

Curbs
Last check for updates: 1 day ago
Listing Provided by: Tilak Chopra DRE #00865458, (714) 267-2552
CAL Top Realty & Investments
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW23150505

Price History for 21840 Cottonwood Ave

DatePriceEventSource
08/13/2023$2,699,000Listed For SaleCRMLS #PW23150505
07/05/1994$80,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$2,807
Assessment$225,298
Home facts updated by county records

Comparable Sales for 21840 Cottonwood Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.04
Multi-Family Home
$1,139,800
11/17/23
10
6
4,344
1.04
Multi-Family Home
$1,160,000
10/03/23
9
5
1
2.67
Multi-Family Home
$600,000
09/13/23
5
5
2,471
3.17
Multi-Family Home
$815,000
03/29/24
6
6
2,668
3.34
Multi-Family Home
$4,725,500
12/15/23
28
26
10,230
3.75
Multi-Family Home
$2,205,000
12/27/23
15
12
7,831
5.07
Multi-Family Home
$1,300,000
02/29/24
8
8
4,200
5.53
Multi-Family Home
$975,000
06/20/23
7
5
2,818
5.91
Multi-Family Home
$965,000
06/12/23
9
4
2,955
5.39
Multi-Family Home
$524,000
02/16/24
2
2
1,076

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Edgemont

  • Trulia User
    "It’s ok to walk around in the day time most vermin are asleep but at night be sure to be home and if you just go out at nigh go there and straight back and always be with and around your children"
    0
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  • Mariai.bonilla4
    "You can’t really walk your dogs here, other neighbors dogs are pretty aggressive and quick to run to the fence and bark uncontrollably. Other people don’t pick up their dogs stools, usually."
    1
    Flag
  • Matthew S.
    "It’s unique because the recreational center and police station are across the street. Which makes it very convenient for people in danger or for people who want to know more about Moreno Valley and its programs that they provide."
    12
    Flag
  • Jaime C.
    "dog owners will like the big open yards and the way no one cares about loud dogs,dislikes witnessing bad dog parenting "
    1
    Flag
  • Fambampc
    "this city was grown and improved significantly in the last 3 yeas, Iv have been in this city for 15 years"
    0
    Flag

LGBTQ Local Legal Protections

Tilak Chopra, CAL Top Realty & Investments
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
21840 Cottonwood Ave, Moreno Valley, CA 92553 is a 14 bedroom, 5,000 sqft multi-family built in 1976. 21840 Cottonwood Ave is located in Edgemont, Moreno Valley. This property is currently available for sale and was listed by CRMLS on Aug 13, 2023. The MLS # for this home is MLS# PW23150505.