See all 16 photos
$3,500,000
Est. payment /mo
11,242 SqFt
Pending
24281 Atwood Avenue Moreno Valley, CA 92553
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 11,242 sqft
Price per Sqft $311
MLS Listing ID CRIV25242193
HOA Y/N No
Year Built 1953
Lot Size 1.820 Acres
Acres 1.82
Property Sub-Type Other
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
Interior
Heating Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Laundry Other
Building
New Construction No
Others
Tax ID 482080002

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Listed by CORDELL MCDONALD • WSR REAL ESTATE
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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