Moreno Valley Residential Development
For Sale
$399,990
Pending
24094 Atwood Avenue, Moreno Valley, CA 92553
Land, Moreno Valley, CA
Property SizeContact for details
Lot Size1.07 Acres
Days on Market439
Property Features for 24094 Atwood Avenue
General Information
Property type
Land
Property subtype
Other
Zoning
SP-204 VR
Zoning description
Village Residential (15 units/acre)
Lot features
11-15 Units/ Acre
Directions
property is a flag shape lot. Turn onto driveway from Atwood Ave address and the lot is on your left.
Subdivision
259 - Moreno Valley
Standard status
Pending
APN
482020014
Lot size
1.07 Acres
Utilities
Utilities
Water Available
Water source
Public
Listing Agency:
Re/Max Time Realty · RE/MAX International
(909) 373-0880
Listed By:
Robert Mendez · License #01971883
(951) 283-5015
Added: Jun 17, 2025
Changed: Aug 24
Last Checked: Aug 29 at 11:06PM
MLS# IG25135366
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flat and buildable 1.07 acre lot is located in a growing area of Moreno Valley. Zoned for residential development, the property allows for up to 15 units per acre, making it ideal for small or private developers. The location is suitable for building to rent or selling units, with options for detached townhome style, attached multifamily, or condominium style developments, subject to city approval. All utilities are nearby and accessible on Atwood Avenue. The property is located across the street from Sunnymead Elementary School and is a few minutes from the 60 Freeway, shopping, restaurants, and entertainment. Senate Bill 684 (SB 684), known as the "Starter Home Revitalization Act", allows for streamlined ministerial approval of housing developments with 10 or fewer units on urban lots under 5 acres. Consisting of two parcels, the property may facilitate the construction of between 11 and 15 units by building 6-7 units on each parcel. Local agencies must approve or deny completed applications within 60 days of receipt. This bill was enacted in 2023 and took effect January 1, 2024. SB 684 simplifies the approval process, eliminating the need for public hearings or discretionary reviews. The property is zoned SP-204 VR.
Key Highlights
- Buildable 1.07 acre lot zoned for high‑density residential development (up to 15 units per acre).
- Potential for building detached townhomes, attached multifamily, or condominium style units (subject to city approval).
- Benefit from Senate Bill 684, allowing streamlined approval for developments with 10 or fewer units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Explore this area
Business Placement
Demographics for 92553, CA
76,761
Population
20,175
Households
3.8
Avg Household Size
30
Median Age
13%
College-Educated
74%
High-School Grad
10.3 sq mi
ZIP Area
7,453
Density / Sq Mi
$71,344
Median Household Income
$36,525
Median Earnings
$1,892
Median Rent
$413,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Buildable 1.07 acre lot zoned for residential development.
Where is this land located?
The property is located at 24094 Atwood Avenue Moreno Valley, CA.
What is the asking price?
The asking price for this property is $399,990.
What are key features of this property?
This property features: Buildable 1.07 acre lot zoned for high‑density residential development (up to 15 units per acre).; Potential for building detached townhomes, attached multifamily, or condominium style units (subject to city approval).; Benefit from Senate Bill 684, allowing streamlined approval for developments with 10 or fewer units.
