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24270 Myers Ave - Entitled 16 Unit Townhome Project 0.89 Acres of Residential Land Offered at $1,124,226 CAD in Moreno Valley, CA 92553

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Investment Highlights

±0.89 Acre Site
Opportunity Zone
Curb & Gutter finished along Myers

Entitled 16-Unit Townhome Project
All Utilities Available
799k

Executive Summary

This is an Entitled 16-unit townhome development opportunity located on approximately 0.89 acres in Moreno Valley, California. Each unit is planned for approximately ±1800 SF and 3-stories high, and involve 4 bedrooms, with 3.5 bathrooms. However, any buyer/developer can easily modify to suit their preferred type of development/structure style. The Map #38676 allows for 16 townhome units. The property is zoned SP-204-VR (Village Residential) and is located in an Opportunity Zone, just minutes from the I-60 Freeway and within walking distance to schools. All utilities are available, and curb and gutter work has been finished along Myers Avenue. Buyer to do their own due diligence to regarding any and all marketing information to satisfy themselves.

BROCHURE - 24270 Myers Ave

Myers Plans

Property Facts

Price	$1,124,226 CAD	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Multifamily Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized Planned Unit Development Single Family Development Single Family Residence
No. Lots	1	Total Lot Size	0.89 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	SP-204-VR - Village Residential

Price	$1,124,226 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized Planned Unit Development Single Family Development Single Family Residence
Total Lot Size	0.89 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	SP-204-VR - Village Residential

1 Lot Available

Lot

Price	$1,124,226 CAD	Lot Size	0.89 AC
Price Per AC	$1,263,175.24 CAD

Price	$1,124,226 CAD
Price Per AC	$1,263,175.24 CAD
Lot Size	0.89 AC

0.89 Acre Lot - Approved 16 Unit Townhome Project

Description

This is a 16-unit townhome development opportunity located on approximately 0.89 acres in Moreno Valley, California.? Each unit is planned for approximately ±1800 SF and 3-stories high, and involve 4 bedrooms, with 3.5 bathrooms. However, any buyer/developer can easily modify to suit their preferred type of development/structure style. The Tentative Tract Map (TTM) #38676 allows for 16 townhome units.? The property is zoned SP-204-VR (Village Residential) and is located in an Opportunity Zone, just minutes from the I-60 Freeway and within walking distance to schools.? All utilities are available, and curb and gutter work has been finished along Myers Avenue.? Buyer to do their own due diligence to regarding any and all marketing information to satisfy themselves.

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