28057 Bay Avenue Moreno Valley, CA ^$ 21,000,000

28057 Bay Avenue

^$ 21,000,000

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28057 Bay Avenue

Moreno Valley, CA, 92555

^$ 21,000,000

Studio Baths0.0

Monthly Estimate*

^$ 131,013

Listed by DIVERSIFIED REALTY INC.

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Studio

Lots and Land for sale in Moreno Valley, CA

for $21,000,000. The lot size is 21.19.

-Prime 21.19 Acre Apartment Site -500 Unit Apartment Development to have Full Entitlements by Fall 2025 -Close to the New Freeway Interchange on Moreno Beach Drive That was Completed in 2024 -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 2025 -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

Lots and Land Active

Price

^$ 21,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

21.19

Town/City

Moreno Valley

County/Region

Riverside

MLS | Web ID

IV25143930

Days on Market

194

Features

General

Zoning R30

HOA Fee 0

View None

Community Features Valley

Additional Parcels Description 478-060-019 478-060-004 478-060-016 478-060-017 478-060-022 478-060-023 478-060-024

County Riverside

New Construction 0

Property Type Land

HOA 0

Special Listing Conditions Standard

Status Active

Directions Located Near NEC of Moreno Beach dr & Alessandro Blvd just north & east of the corner

City Moreno Valley

Senior Community Y/N 0

MLS Area 259 - Moreno Valley

Lot Size Units Acres

Lot Size Square Feet 923036.4

Listing Terms Cash 1031 Exchange Land Use Fee

Land Lease Y/N 0

Additional Parcels Y/N 1

Standard Status Active

Exterior

Lot Features 26-30 Units/Acre

Water Source Public

Lot Size Area 21.19

Lot Size Acres 21.19

* Excluded Features

List By

Diversified Realty Inc.

Broker

Jerry@Div-Re.com

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$131,013

Per Month

Monthly Principal & Interest: $131,013
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Moreno Valley, CA

Average List Price ^$1,821,071

Percent of Sale Price 91%

About Moreno Valley, CA

205,919 Population

45% Since 2002

^$56,714 Median Income

31.7 Median Age

42% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/28/2025	$21,000,000		Listed Price

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28057 Bay Avenue, Moreno Valley, CA, 92555 is a Lots and Land for sale at $21,000,000 with a lot size of 21.19. 28057 Bay Avenue is a studio with 0.0 baths. The property's zip code is 92555 which is in Moreno Valley, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/12/2025. 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.

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28057 Bay Avenue

Lots and Land for sale in Moreno Valley, CA

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