24281 Atwood Avenue, Moreno Valley, CA 92553

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Glen Henderson

[email protected] +1(619) 889-7646

$3,500,000

Est. payment - /mo

6 Beds

1.82 Acres Lot

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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

Type of Financing Cash

Property 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

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Listed by CORDELL MCDONALD WSR REAL ESTATE

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

24281 Atwood Avenue Moreno Valley, CA 92553

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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