$1,100,000
$1,100,000
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24414 Ironwood AVE Moreno Valley, CA 92557
0.59 Acres Lot
Key Details
Sold Price $1,100,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22226194
Sold Date 12/16/22
HOA Y/N No
Year Built 1955
Lot Size 0.590 Acres
Property Sub-Type Apartment
Property Description
This rare 6-unit residential property is in a great area of the highly sought-after Northside of Moreno Valley. 4 of the homes are detached, and off the main road, and with the two attached homes comprise a private group of 6 homes total. Rental rates are very high in this area. Only a half mile from Starbucks, Sprouts, gas, etc, and close to schools. UC Riverside is a short drive away. Site is a few blocks from the bus stop and close to the freeway for easy commuting. Current rents are far below market-rent but could be increased by the new owner. Site is zoned R5 which allows for multi-unit residential housing and other uses. As such it might be possible to add additional residential units or build a professional office on the site – check with the City.
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning R2
Interior
Fireplace No
Laundry None
Exterior
Parking Features None
Pool None
Community Features Curbs
Total Parking Spaces 10
Private Pool No
Building
Lot Description Flag Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 475280019
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with OUT OF AREA • OUT OF AREA