21840 Cottonwood Moreno Valley, CA ^$ 2,300,000

21840 Cottonwood

^$ 2,300,000

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21840 Cottonwood

Moreno Valley, CA, 92553

^$ 2,300,000

Studio Baths6.0 Sq 864

Monthly Estimate*

^$ 14,349

Listed by CAL Top Realty & Investments

21840 Cottonwood, Moreno Valley, CA 92553 - Image 1

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Studio

Multi-Family Home for sale in Moreno Valley, CA

for $2,300,000 with 6 full baths. This 864 square foot home was built in 1976 on a lot size of 5.99.

THERE ARE TOTAL 4 PARCELS AS FOLLOW 263-170-004,263-170-003,263-170-006,263-170-007 TOTAL ALMOST 6 ACRES OF LAND .ONE PARCEL IS ZONED R-15 CAN BUILS UPTO 15-16 APARTMENTS REST IT IS R-3 3 HOUSES +3 ADU PER ACRE TOTAL DEVELOPMENT WILL BE 15 HOUSES AND 15 ADU+16 APRTMENTS.PLEASE CONFIRM WITH CITY. PROPERTY NEEDS SOME REPAIRS TO BRING TO MARKET RENT WHICH WILL BE BETWEEN $13000-$14500 PER MONTH. AT PRESENT THERE ARE 6 UNITS TOTAL INCOME ABOUT $8800 PER MONTH . TRIPLEX 2 3BD 1 BA UNIT AND 1 2BD 1BA AND 1 DUPLEX 2BD 1 BA AND ONE SINGLE FAMILY HOMES 2BD 1 BA. 3BD 1 BA UNIT PERFORMA RENT TO BE MINIMUM $2600 PER MONTH AND 2 BD SHOLD BE MINIMUM $2200 PER MONTH SO GROSS RENT SHOULD BE $14000 PER MONTH AFTER FIXING THE UNIT. MAKE OFFERS. GREAT POTENTIAL PROPERTY WALKING DISTANCE TO MALL AND SHOPPING,CLOSE TO FREEWAY 215 AND 60 FWY. RENTS EFFECTIVE FEB1,2026 WILL BE $9675 PER MONTH.PRICE REDUCED $100000.MAKE OFFERS

Multi-Family Active

Price

^$ 2,300,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

5.99

Year Built

1976

Town/City

Moreno Valley

County/Region

Riverside

MLS | Web ID

PW25243605

Days on Market

Features

General

Sewer Other

Heating Central

Garage Spaces 0

Pool Features None

Year Built 1976

Stories Count 1

Levels One

Property Subtype Apartment

Gross Income 116100

Community Features Street Lights

County Riverside

Net Operating Income 86100

Operating Expense 30000

Insurance Expense 4500

New Construction false

Property Type Residential Income

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions 0000

City Moreno Valley

Entry Location level

Senior Community Y/N false

Number Of Units Total 6

MLS Area 259 - Moreno Valley

Lot Size Units Acres

Lot Size Square Feet 260924.4

Listing Terms Submit

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 53

Property Sub Type Additional Apartment

Interior

Total Stories 1

Common Walls No Common Walls

Heating Y/N true

Laundry Features In Kitchen

Entry Level 1

Exterior

Lot Features 2-5 Units/Acre

Total Parking 0

Lot Size Area 5.99

Number of Buildings 3

Building Area Total 864

Lot Size Acres 5.99

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 6

Number of Separate Electric Meters 6

* Excluded Features

List By

Cal Top Realty & Investments

Broker

JAIMATA7@SBCGLOBAL.NET

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$14,349

Per Month

Monthly Principal & Interest: $14,349
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

Multi-family listings in Moreno Valley, CA

Average List Price ^$1,540,996

Percent of Sale Price 33%

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
11/26/2025	$2,300,000	-4.17%	Price Down
11/20/2025	$2,400,000		Listed Price

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21840 Cottonwood, Moreno Valley, CA, 92553 is a Multi-Family Home for sale at $2,300,000 with 864 sqft and a lot size of 5.99. 21840 Cottonwood is a studio with 6.0 baths and was built in 1976. The property's zip code is 92553 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 12/7/2025. 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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21840 Cottonwood

Multi-Family Home for sale in Moreno Valley, CA

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