Multi-Family Development
For Sale
$272,000
24306-1 Postal Avenue, Moreno Valley, CA 92553
Two adjacent vacant lots totaling 14,810 sf offer an opportunity to build up to six multi-family units.
Property SizeContact for details
Days on Market830
Property Features for 24306-1 Postal Avenue
General Information
Standard status
Active
Property subtype
Land Lot
Zoning
SP204VCR
Listing Agency:
1000 Realty Corporation
(626) 656-8600
Listed By:
Benjamin Lin · License #01383988
(626) 656-8600
Source:
Compass
Added: May 1, 2024
Changed: Aug 8
Last Checked: Mar 25 at 4:56PM
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 1000 Realty Corporation
Investment Insights
Based on property information with market context.
Two vacant, adjacent land parcels are being offered for development of up to six multi-family units. The offering includes two lots, each measuring 7,405 square feet, for a combined total of 14,810 square feet. The property is positioned in zone SP204VCR.
The location is described as highly diverse, with a mix of office buildings, medical facilities, residential units, commercial establishments, and the Moreno Valley Post Office. Easy access to the 60 freeway is noted as being around the corner, and the property is described as within walking distance of banks, restaurants, gas stations, and car repair shops.
The seller recommends confirming the best and highest use for the land by visiting the Moreno Valley Building Department.
The location is described as highly diverse, with a mix of office buildings, medical facilities, residential units, commercial establishments, and the Moreno Valley Post Office. Easy access to the 60 freeway is noted as being around the corner, and the property is described as within walking distance of banks, restaurants, gas stations, and car repair shops.
The seller recommends confirming the best and highest use for the land by visiting the Moreno Valley Building Department.
Key Highlights
- Two adjacent vacant lots totaling 14,810 SF (7,405 SF each) available to build up to 6 multi‑family units.
- Zoned SP204VCR, within an area that includes office buildings, medical facilities, residential units, and commercial uses.
- Easy access to the 60 freeway, just around the corner.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,482
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?
Residential land & home lot - Two adjacent vacant lots totaling 14,810 sf offer an opportunity to build up to six multi-family units.
Where is this residential land & home lot located?
The property is located at 24306-1 Postal Avenue Moreno Valley, CA.
What is the asking price?
The asking price for this property is $272,000.
What are key features of this property?
This property features: Two adjacent vacant lots totaling 14,810 SF (7,405 SF each) available to build up to 6 multi‑family units.; Zoned SP204VCR, within an area that includes office buildings, medical facilities, residential units, and commercial uses.; Easy access to the 60 freeway, just around the corner.
