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    21850 Bay Avenue

    Moreno Valley, CA 92553
    • $400,000
    • STATUS: Active Under Contract
    • ON SITE: 283 days
    • MLS #: IG20150689
    Under Contract
    UPDATED: 31 min ago
    $400,000
    • 0
      BEDS
    • 0.55
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,600
      SQFT
    • $250
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1942
    County:

    School Ratings & Info

    Description

    INVESTORS****Opportunity Is knocking for this income producing property with CURRENT month to month tenants.Come take a look at this great parcel with 2 Single family homes that have great rental tenants and income. At just over a half acre this property also boasts an 8000 sqrft. fenced area that has more income potential. This home is in a prime area located minutes from the 15 frwy and the 60. In addition, there are plenty of shopping and amenities with Canyon Springs and costco just down the road. Another up side to this stellar property is it has been rezoned to business park usage, therefore you can keep as current or perhaps develop a strategy to redevelop.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-08T12:31:21.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CARLILE Realty & Lending. Licensed in the State of California, USA.
    www.carlilerealty.com/homes/108325399
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    21850 Bay Avenue Moreno Valley, CA 92553

    • Price: $400,000
    • Status: Active Under Contract
    • Updated: 31 min ago
    • MLS #: IG20150689
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.55
    Acres
    1,600
    SQFT
    $250
    $/SQFT
    1942
    Built
    Neighborhood:
    259 - Moreno Valley
    County:
    Riverside
    Area:
    259 - Moreno Valley
    Property Description
    INVESTORS****Opportunity Is knocking for this income producing property with CURRENT month to month tenants.Come take a look at this great parcel with 2 Single family homes that have great rental tenants and income. At just over a half acre this property also boasts an 8000 sqrft. fenced area that has more income potential. This home is in a prime area located minutes from the 15 frwy and the 60. In addition, there are plenty of shopping and amenities with Canyon Springs and costco just down the road. Another up side to this stellar property is it has been rezoned to business park usage, therefore you can keep as current or perhaps develop a strategy to redevelop.
    Exterior Features

    Carport Spaces 2 Carport YN Yes Lot Features 2-5 Units/AcreBack YardFront YardLevelRectangular Lot Number Of Separate Electric Meters 2 Parking Features Unpaved Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No View Neighborhood View YN Yes

    Interior Features

    Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Community Features Suburban Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 20400 Gross Scheduled Income 20400 Insurance Expense 800 Land Lease YN No Laundry Features Outside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 15900 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 4500 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 480 Utilities Natural Gas Connected Water Sewer Expense 700 Water Source Public Zoning R2/Bp

    Listing provided courtesy of James Cottrell of Exp Realty Of California Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-08T12:31:21.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CARLILE Realty & Lending. Licensed in the State of California, USA.
     
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