0 Myers Ave Moreno Valley, CA 92553
This exceptional 9,900 square foot residential lot presents a prime opportunity for multi-family development in Moreno Valley, CA. Located in the Edgemont subdivision, the property boasts R-20 zoning, specifically SP 204 VR, permitting the construction of up to a four-unit residential building. Its strategic location offers convenient access to major freeways, including the 60 Freeway and I-215, providing excellent connectivity throughout Southern California. The lot's adjacency to existing multi-family dwellings and readily available utility lines significantly streamlines the development process. This high-density land parcel is ideally positioned to capitalize on the increasing demand for housing in the area. The asking price for this exceptional development opportunity is $149,990. The property's APN is 481-270-015 and is privately owned. This is a must-see property for investors seeking a lucrative venture in a thriving market. Don't miss this chance to acquire a highly desirable lot in a prime location. Act quickly, as this opportunity is unlikely to last.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.