$20,075,000
$20M PRICE INCREASE

Estimated payment $125,568/month

Total Views 24,442
18.39 Acres
$1,091,626 Price per Acre
801,068 Sq Ft Lot

Highlights

  • 18.39 Acre Lot
  • No HOA
  • Level Lot
  • Mountain View
  • Park

About This Lot

Property is UNPRICED!

• Prime 18.39 Acre Apartment Site

• 460 Unit Apartment Development Currently Being Entitled

• Favorable Downtown Center (DC) Zoning Allows for No Limits on Density

• DC Zoning Establishes a Flexible Environment for Creative/ Transformative Projects

• Down the Street from Future Town Center at Moreno Valley - A Mixed-Use Project with up to 800 Homes and 220,000 SF of Commercial Uses

• City of Moreno Valley Job Creation Exceeding 30,000 Over the Past 10 Years

• Nearby World Logistics Center (WLC), a 40.6 Million Square Foot Project That Will Provide a $2 Billion Annual Economic Benefit to the City

• An Additional 20,000 New Jobs Coming From the Recently Approved WLC Project That Is Scheduled to Break Ground in Winter of 2024

• Close Proximity to the Riverside University Health System Medical Center, a Hospital That Employs 6,000 Workers and Has an Economic Impact of $1.6 Billion

• Nearby the New Kaiser Medical Center Project, an Expansion Plan That Will Add 1,125,000 Square Feet of Medical Services and Create 4,000 New Jobs in the City

Listing Agent

Jerry Stephens

DIVERSIFIED REALTY INC. Brokerage Phone: 951-567-3849 License #00546372 Listed on: 10/08/2024

Property Details

Property Type

  • Land

Lot Details

  • 18.39 Acre Lot
  • Level Lot
  • 486280004
  • Property is zoned (DC) Downtown Center

Property Views

  • Mountain Views

Listing and Financial Details

  • Assessor Parcel Number 486280002

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: (DC) Downtown Center
  • Property Type: Land
  • Parcel Number: 486280002
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 25.06

Exterior Features

  • View: Mountain(s)

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 486280004
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 801068.40
  • Lot Size Acres: 18.3900
  • Latitude Manual: 33.91638800

Multi Family

  • Lot Size Area: 18.3900 Acres

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2025 12/16/25 Price Changed $2,100 -0.8% $3 / Sq Ft
12/09/2025 12/09/25 Price Changed $2,116 -2.5% $3 / Sq Ft
11/26/2025 11/26/25 Price Changed $2,171 +0.7% $3 / Sq Ft
10/20/2025 10/20/25 Price Changed $2,155 +1.2% $3 / Sq Ft
09/25/2025 09/25/25 Price Changed $2,130 -0.7% $3 / Sq Ft
09/24/2025 09/24/25 Price Changed $2,144 +0.7% $3 / Sq Ft
09/15/2025 09/15/25 Price Changed $2,130 +0.5% $3 / Sq Ft
09/14/2025 09/14/25 Price Changed $2,120 -0.5% $3 / Sq Ft
09/04/2025 09/04/25 Price Changed $2,130 -0.2% $3 / Sq Ft
08/22/2025 08/22/25 Price Changed $2,135 -3.0% $3 / Sq Ft
08/08/2025 08/08/25 Price Changed $2,200 -1.3% $3 / Sq Ft
08/07/2025 08/07/25 Price Changed $2,230 +1.8% $3 / Sq Ft
08/02/2025 08/02/25 Price Changed $2,190 +0.5% $3 / Sq Ft
08/02/2025 08/02/25 Price Changed $2,180 -3.1% $3 / Sq Ft
07/10/2025 07/10/25 Price Changed $2,250 +3.6% $3 / Sq Ft
07/01/2025 07/01/25 Price Changed $2,171 +0.7% $3 / Sq Ft
05/30/2025 05/30/25 Price Changed $2,156 +0.7% $3 / Sq Ft
05/21/2025 05/21/25 Price Changed $2,141 +0.9% $3 / Sq Ft
04/22/2025 04/22/25 Price Changed $2,121 +0.7% $3 / Sq Ft
04/18/2025 04/18/25 Price Changed $2,106 -5.1% $3 / Sq Ft
04/14/2025 04/14/25 For Rent $2,219 +4.6% --
04/08/2025 04/08/25 Price Changed $2,121 +0.5% $3 / Sq Ft
03/30/2025 03/30/25 Price Changed $2,111 +0.7% $3 / Sq Ft
03/19/2025 03/19/25 Price Changed $2,096 +0.7% $3 / Sq Ft
03/17/2025 03/17/25 Price Changed $2,081 +3.7% $3 / Sq Ft
03/16/2025 03/16/25 Price Changed $2,006 -3.6% $3 / Sq Ft
03/15/2025 03/15/25 Price Changed $2,081 +3.7% $3 / Sq Ft
03/07/2025 03/07/25 Price Changed $2,006 -3.6% $3 / Sq Ft
02/23/2025 02/23/25 Price Changed $2,081 -0.7% $3 / Sq Ft
02/23/2025 02/23/25 Price Changed $2,096 +0.7% $3 / Sq Ft
01/15/2025 01/15/25 Price Changed $2,081 -0.7% $3 / Sq Ft
11/27/2024 11/27/24 Price Changed $2,096 +0.7% $3 / Sq Ft
11/23/2024 11/23/24 Price Changed $2,081 -0.7% $3 / Sq Ft
11/14/2024 11/14/24 Price Changed $2,096 +0.7% $3 / Sq Ft
11/12/2024 11/12/24 Price Changed $2,081 -0.7% $3 / Sq Ft
11/05/2024 11/05/24 Price Changed $2,096 +0.7% $3 / Sq Ft
10/26/2024 10/26/24 Price Changed $2,081 -0.7% $3 / Sq Ft
10/11/2024 10/11/24 Price Changed $2,096 0.0% $3 / Sq Ft
10/08/2024 10/08/24 Price Changed $20,075,000 +1003749900.0% --
10/08/2024 10/08/24 Price Changed $2 -98.0% --
10/08/2024 10/08/24 For Sale $100 0.0% --
09/19/2024 09/19/24 Price Changed $2,136 -1.5% $3 / Sq Ft
08/23/2024 08/23/24 Price Changed $2,169 -- $3 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24208593

California Regional Multiple Listing Service (CRMLS)