Moreno Valley Homes with Multi Family Subtype

Moreno Valley Homes with Multi Family Subtype

Welcome to Moreno Valley, California – a vibrant city nestled in the heart of Riverside County, where the beauty of Southern California meets the charm of suburban living. Known for its picturesque landscapes and diverse community, Moreno Valley offers residents a perfect blend of outdoor adventure and urban convenience. With its close proximity to the San Bernardino Mountains and numerous parks, including the scenic Lake Perris State Recreation Area, outdoor enthusiasts will find plenty of opportunities for hiking, biking, and water sports.

Moreno Valley is not just a place to live; it’s a community that thrives on diversity and growth. With a rich cultural tapestry, the city hosts various events and festivals throughout the year, celebrating everything from art to music. The local economy is bolstered by a mix of retail, education, and healthcare sectors, making it an attractive destination for families and professionals alike.

For those considering a home in Moreno Valley, the multi-family housing market offers a range of options that cater to both investors and families. Homes with a multi-family subtype provide the perfect opportunity for those looking to generate rental income while enjoying the benefits of ownership. These properties, featuring spacious layouts and modern amenities, are ideal for extended families or those seeking to create a supportive living environment.

Investing in a multi-family home in Moreno Valley not only secures a place in a thriving community but also opens the door to financial opportunities. With the city’s ongoing development and increasing demand for housing, now is the perfect time to explore the possibilities that Moreno Valley has to offer. Embrace the charm, convenience, and potential of this beautiful city today!

Newest Moreno Valley Homes with Multi Family Subtype

$3,600,000
PW26065295 MLS Active Status
Prime Location major offramp I-215 Eucalyptus Ave, Moreno Valley • Prime location I-215 offramp Eucalyptus Ave with strong traffic counts • High visibility corner lot 2.69 acres. Value-add opportunities through redevelopment • Located in a growing market within Moreno Valley • Less than 5 miles from UC Riverside Campus and March Air Reserve Base • Opportunity for owner-user or investor. Long-term appreciation in a growing corridor • The property currently features an existing 2-bedroom 1 bath single family residence along with additional on-site structures, offering flexibility for interim use, rental income during the planning, and approval process PROPERTY OVERVIEW This property is strategically located along a major corridor in Moreno Valley, offering excellent exposure and accessibility. The site is well-suited for a variety of commercial, multifamily, retail and office-related developments, including professional offices, medical uses, and supporting neighborhood services. Its proximity to major thoroughfares and surrounding residential, commercial, retail and industrial growth further enhances its long-term development potential. Site is ideally positioned, directly across from the Newly Built Gated Community, Villa Camille Apartments, a modern multifamily complex built in around 2017 comprised of approximately 112 units. This proximity provides strong residential density, enhancing the property’s long-term value and potential. The site is well-suited for along with many other developments and uses • Apartment Units, Condos, Senior Complex, single family-multi family • Day care, Retail stores, storage, Fitness Center, Wellness Studios • Restaurants / cafés (usually limited, no heavy drive-thru) • Professional office buildings (medical, dental, legal, financial) • Corporate or administrative offices, Business parks / office campuses • Clinics and outpatient medical services. Government or institutional offices • The property is currently zoned (OC) Office Commercial. Some developments may require Conditional Use Permit (CUP). Prospective buyers are advised to independently verify all permitted uses and development standards with the City and consult with their professional advisors regarding their specific intended use. The surrounding area consists of a mix of apartments, residential neighborhoods, retail centers, and commercial developments, providing a steady customer base and strong traffic flow.

21737 Eucalyptus, Moreno Valley

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.