$685,000

Prime 1.77 Acres of Usable, Flat Land, Ready to Be Built On In the Heart of Moreno Valley! LOCATION, LOCATION, LOCATION - This shovel-ready land parcel is located 1 block from Perris Blvd and is just two blocks away from a major shopping center hub, dining, and several amenities. This is a perfect location with close convenient access to the 60 Freeway. Surrounding Neighborhood is wonderful with $485,000 - $950,000 homes. ZONED R2. Meaning this property can be subdivided into 3 Individual Parcels of 20,000+ Square Feet for Each Parcel. Each Parcel can have 1 Single Family Residence + 1 ADU in the rear with a Total of 6000 Sq Ft of Living Space. Additionally, a total of 6 homes can be built on this property according to the City of Moreno Valley, which has been verified with the City Directly! UTILITIES AVAILABLE: 2 Water Meters Already Paid For and Associated with 2 of the Parcels, which is valuable to development. There is currently Water Service on now, and Electrical and Gas is available from the Front or Back of the property. The entire Parcel has been Leveled out and Graded so you can connect directly to the sewer line on Kalmia St. along with all the newly built houses, NO septic needed. OR you can install a septic system on each Parcel, your choice. HIGHLIGHTS OF PROPERTY: Spectacular Views of City Lights and Surrounding Neighborhood visible from the back of the property for two of the parcels and on the third parcel you get Picturesque Mountain and City Lights View. These parcels will be larger then average and you should expect a higher sale price price as a developer. All the hard work has already been completed to make this property a profitable investment. Build 3 Individual 2-Story Homes and sell them individually OR Build 6 Rentals Properties (and collect the cash flow from all properties!) This is a rare opportunity for an investor, builder, and/or developer. INCLUDED in the purchase are: 3 SFR Designs Specifically and Professionally Created For This Exact Land Configuration. ALSO INCLUDED: Already Paid Architect Renderings / Plans, Paid Survey, and Paid Title Report, Paid Changeover Fees For Subdivision. Estimated Value of $1,091,383 This Property is Priced to Sell! Now Is The Time to Buy Before the Price Inevitably Gets Raised To Reflect The Market. This is a Ready-To-Build Property with Survey with Verification from City. All You Need To Do Is Buy and Build Your Dream!