$425,000
$175K PRICE DROP

Estimated payment $2,645/month

Total Views 32,849
1.07 Acres
$397,196 Price per Acre
46,609 Sq Ft Lot

Highlights

  • 1.07 Acre Lot
  • Mountain View
  • No HOA

About This Lot

Flat and buildable 1.07 acre lot in a growing area of Moreno Valley. Zoned for residential development for up to 15 UNITS PER ACRE! Ideal for small or private developers to entitle and force appreciation, or build out long lasting wealth in a market that is desperate for more housing. You can build to rent or sell some or all of the units depending on your vision. Many opportunities as you can do detached townhome style or attached multifamily and/or condominium style... the choice is yours subject to city approval. All utilities nearby and accessible on Atwood Ave. This property is across the street from Sunnymead Elementary School and a couple minutes from 60 FWY and many Shopping, Restaurants, and Entertainment. Additionally, Senate Bill 684 (SB 684), also known as the "Starter Home Revitalization Act", allows for streamlined ministerial approval of housing developments with 10 or fewer units on urban lots under 5 acres. This property consists of TWO PARCELS making it easier and faster if you wanted to get between 11 and 15 units - just do 6-7 units on each parcel (theoretically). Local agencies must approve or deny completed applications within 60 days of receipt. This bill was enacted in 2023 and took effect January 1, 2024. SB 684 simplifies the approval process, eliminating the need for public hearings or discretionary reviews. BUYERS MUST VERIFY all marketing information, zoning, and development potential with the City to satisfy themselves.

Listing Agent

Bobby Mendez

Re/Max Time Realty Brokerage Phone: 951-283-5015 License #01971883 Listed on: 06/17/2025

Re/Max Time Realty

Property Details

Property Type

  • Land

Lot Details

  • 1.07 Acre Lot
  • Density is 11-15 Units/Acre
  • 482020019
  • Property is zoned SP-204 VR, Village Residential (15 units/acre)

Property Views

  • Mountain Views

Listing and Financial Details

  • Tax Lot 172
  • Assessor Parcel Number 482020014
  • $140 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Lot Details

1.07 Acres

Listing Details

  • Road Frontage Type: City Street, Access Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: SP-204 VR
  • Zoning Description: Village Residential (15 units/acre)
  • Property Type: Land
  • Parcel Number: 482020014
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 9.12

Exterior Features

  • View: Mountain(s)

Utilities

  • Utilities: Water Available, Sewer Available, Electricity Available
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Curbs, Street Lights, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 482020019
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 46609.20
  • Lot Size Acres: 1.0700
  • Latitude Manual: 33.93053500

Multi Family

  • Lot Size Area: 46609.2000 Square Feet

Tax Info

  • Tax Lot: 172
  • TaxOtherAnnualAssessmentAmount: 140.00

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,512 $397,952 $63,672 $334,280
2023 $4,512 $382,500 $61,200 $321,300
2022 $4,338 $375,000 $60,000 $315,000
2021 $2,534 $213,361 $57,721 $155,640
2020 $2,507 $211,175 $57,130 $154,045
2019 $2,467 $207,035 $56,010 $151,025
2018 $2,146 $178,500 $51,000 $127,500
2017 $2,100 $175,000 $50,000 $125,000
2016 $1,545 $131,008 $68,551 $62,457
2015 $1,523 $129,042 $67,522 $61,520
2014 $1,421 $126,516 $66,200 $60,316
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2026 04/01/26 Price Changed $425,000 -15.0% --
01/12/2026 01/12/26 Price Changed $499,990 -9.1% --
10/27/2025 10/27/25 Price Changed $550,000 -8.3% --
06/17/2025 06/17/25 For Sale $599,990 +60.0% --
08/05/2021 08/05/21 Sold $375,000 0.0% $466 / Sq Ft View Prior Sale
08/04/2021 08/04/21 For Sale $375,000 0.0% $466 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $375,000 +114.3% $466 / Sq Ft
11/29/2016 11/29/16 Sold $175,000 +2.9% $217 / Sq Ft View Prior Sale
08/01/2016 08/01/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $170,000 -- $211 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $375,000 Pacific Coast Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $175,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $342,770 FHA
Previous Owner $171,830 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25135366

California Regional Multiple Listing Service (CRMLS)

APN: 482-020-015

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