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$ 3,500,000
Est. payment /mo
Pending
24281 Atwood Avenue Moreno Valley, CA 92553
6 Beds
1.82 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID IV25242193
Bedrooms 6
Lot Size 1.820 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
This is 16 residential income units, built on two lots with six APN's (482-080-002; 482-080-003; 482-080-004; 482-080-005; 482-080-006; 482-080-007) being sold together as a package. There are 5 one-bedroom units, 10 two-bedroom units, and 1 three-bedroom detached single family house. All units are occupied and rent producing. Also included is an on-site laundry room with income generating coin operated machines, and a large fenced maintenance area which includes a storage room and stand alone sheds. There is room on the lot to add additional units and lots of parking space. There are 7 Section 8 tenants and 9 market tenants, with many being long-term providing very stable income. Owner pays water, common area electricity, trash, and grounds maintenance. Here are the property street addresses: 24281-24297 Atwood Ave. & 13130-13160 Scotty Lane. Lots of potential for growth or new development! Copies of 2023 appraisals can be provided upon request.
Location
State CA
County Riverside
Zoning Public Rec
Direction On Atwood Ave. between Heacock St. & Indian St.
Interior
Cooling Central Forced Air, Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 482080002
Acceptable Financing Cash
Listing Terms Cash
Listed by CORDELL MCDONALD WSR REAL ESTATE