$550,000

24094 Atwood Avenue, Moreno Valley, CA 92553

  • 46,609 sqft
  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon1.07acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $12/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

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, eliminatin

Listing Status:
Active
Date Added:
June 17, 2025 at 05:00AM
Listing Office:
Re/Max Time Realty : 909-373-0880
Listing Agent:
Robert Mendez : 951-283-5015
MLS ID:
CRIG25135366
  • HOA Amenities: 0.0
  • County: Riverside
  • Zoning: SP-2482020014
  • View: Mountain(s)
  • Utilities: Other Water/SewerElectricity ConnectedSewer On Site
  • Sewer: Other

This listing courtesy of Robert Mendez, Re/Max Time Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sunnymead Elementary School

24050 Dracaea Ave, Moreno Valley, CA, 92553

Grades KG-5

0.06 miles away

S

Sunnymead Middle School

23996 Eucalyptus Ave, Moreno Valley, CA, 92553

Grades 6-8

0.23 miles away

M

March Valley

24551 Dracaea Ave, Moreno Valley, CA, 92553

Grades 9-10

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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