Entitled Apartment Development
For Sale
$20,075,000
14147 Darwin Drive, Moreno Valley, CA 92555
Entitled 18.39-acre apartment site with a 460-unit development in progress under DC zoning.
Property SizeContact for details
Lot Size18.39 Acres
Days on Market95
Property Features for 14147 Darwin Drive
General Information
Standard status
Active
Lot size
18.39 Acres
Property subtype
Commercial
Zoning
DC
Additional Details
Multifamily Units
460
Listing Agency:
DIVERSIFIED REALTY INC
(951) 226-5454
Listed By:
JERRY STEPHENS (Jerry@Div-Re.com)
(559) 638-3651
Source:
Mrmurrieta
Added: Jun 12
Changed: Sep 6
Last Checked: Sep 14 at 11:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DIVERSIFIED REALTY INC
Investment Insights
Based on property information with market context.
This property is a residential land parcel totaling 18.39 acres, offered as an apartment site with a 460-unit apartment development currently being entitled. The offering is positioned for development planning rather than an existing operating use.
The site is governed by the City of Moreno Valley’s Downtown Center (DC) zoning, which the listing states allows “no limits on density,” and provides a flexible environment for creative or transformative projects. The remarks also cite nearby momentum including a future Moreno Valley Town Center mixed-use development of up to 800 homes and 220,000 SF of commercial uses, as well as the World Logistics Center (WLC), a 40.6 million square foot project described as providing $2 billion in annual economic benefit. The listing further notes additional jobs tied to a recently approved WLC project and proximity to Riverside University Health System Medical Center and the planned Kaiser Medical Center expansion.
For developers seeking multifamily entitlements, this land presents a straightforward path centered on a 460-unit apartment plan currently in the entitlement process. The stated DC zoning attributes may also support adaptive programming for projects that benefit from higher-density flexibility, provided that final approvals align with the intended use.
The site is governed by the City of Moreno Valley’s Downtown Center (DC) zoning, which the listing states allows “no limits on density,” and provides a flexible environment for creative or transformative projects. The remarks also cite nearby momentum including a future Moreno Valley Town Center mixed-use development of up to 800 homes and 220,000 SF of commercial uses, as well as the World Logistics Center (WLC), a 40.6 million square foot project described as providing $2 billion in annual economic benefit. The listing further notes additional jobs tied to a recently approved WLC project and proximity to Riverside University Health System Medical Center and the planned Kaiser Medical Center expansion.
For developers seeking multifamily entitlements, this land presents a straightforward path centered on a 460-unit apartment plan currently in the entitlement process. The stated DC zoning attributes may also support adaptive programming for projects that benefit from higher-density flexibility, provided that final approvals align with the intended use.
Key Highlights
- 18.39‑acre apartment site with a 460‑unit apartment development currently being entitled
- Downtown Center (DC) zoning allows for no limits on density and supports flexible creative/transformative projects
- Down the street from Moreno Valley’s future Town Center mixed‑use project (up to 800 homes and 220,000 SF commercial)
Property Analytics
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Current Use
Lease Details
460
Residential units
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
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Business Placement
Demographics for 92555, CA
43,580
Population
12,337
Households
3.5
Avg Household Size
35
Median Age
24%
College-Educated
87%
High-School Grad
65.8 sq mi
ZIP Area
662
Density / Sq Mi
$113,636
Median Household Income
$47,020
Median Earnings
$2,376
Median Rent
$543,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Entitled 18.39-acre apartment site with a 460-unit development in progress under DC zoning.
Where is this residential land & home lot located?
The property is located at 14147 Darwin Drive Moreno Valley, CA.
What is the asking price?
The asking price for this property is $20,075,000.
What are key features of this property?
This property features: 18.39‑acre apartment site with a 460‑unit apartment development currently being entitled; Downtown Center (DC) zoning allows for no limits on density and supports flexible creative/transformative projects; Down the street from Moreno Valley’s future Town Center mixed‑use project (up to 800 homes and 220,000 SF commercial)
