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Under contract
  • Listed by: CB RICHARD ELLIS • Eric Chen • Contact: 626-757-5717
    $2,500,000

    13989 Moreno Rose Pl Lot 7, Moreno Valley, CA 92553

    --beds
    --baths
    4.6Acres
    Unimproved Land
    Built in ----
    4.6 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Located on alessandro boulevard
    We are pleased to present 13989 Moreno Rose Place, a premier development opportunity for Valley Gardens, a fully entitled 64-unit multifamily community in Moreno Valley. This ±4.60-acre (±200,519 SF) site has secured all discretionary approvals, allowing a purchaser to bypass years of entitlement risk. The acquisition includes a complete intellectual property package featuring professional architectural plans by Irwin Partners Architects and detailed civil engineering. With entitlements and design foundations in place, this offering provides an accelerated path to final plan check and construction, significantly reducing soft costs and speculative carry time for the buyer. The project consists of 64 units across eight two-story buildings using efficient Type V-B construction. While zoning allows for 15–25 DU/acre, the site was intentionally approved at 13.91 DU/acre to prioritize larger units, better parking, and a more livable layout. With 160 dedicated spaces (a 2.5:1 ratio), this design supports premium 'lifestyle' rents by offering residences averaging ±1,054 SF—significantly larger than traditional high-density products. This two-story apartment building configuration appeals to a professional tenant base seeking the privacy of a traditional home with the convenience of a managed community. Additionally, the lower current density may offer future upside for a buyer looking to revisit site intensity. As the second-largest city in Riverside County, Moreno Valley is anchored by massive institutional investment, including the 40.6M SF World Logistics Center and healthcare expansions by Kaiser Permanente and Riverside University Health System. By delivering comprehensive grading and structural plans at the close of escrow, this offering de-risks the pre-construction phase and provides a clear, efficient path toward site commencement in a high-absorption growth market. Located on Alessandro Boulevard, the site provides immediate access to regional medical and logistics hubs via the SR-60 and I-215 freeways. Residents are minutes from the Moreno Valley Mall and Stoneridge Towne Centre. For commuters, the property is near the Moreno Valley/March Field Metrolink Station, providing rail connections to Los Angeles and Orange Counties. This central location ensures the development remains highly competitive for tenants prioritizing both outdoor recreation and efficient transit access to employment centers.
    142 days
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    46
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Chen 626-757-5717,

    CB RICHARD ELLIS

    Source: CRMLS,MLS#: CV26068188MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 4.6 Acres
      • Features: Lot Over 40000 Sqft
      Details
      • Parcel number: 479220024
      • Zoning: COMU
      • Special conditions: Standard

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Sidewalks
      Location
      • Region: Moreno Valley

      Financial & listing details

      • Date on market: 3/30/2026
      • Cumulative days on market: 143 days
      • Listing terms: Cash,Cash to New Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/27/2026Contingent$2,500,000
        Source: CRMLS #CV26068188 Report a problem
        6/25/2026Listed for sale$2,500,000
        Source: CRMLS #CV26068188 Report a problem
        6/17/2026Contingent$2,500,000
        Source: CRMLS #CV26068188 Report a problem
        3/30/2026Listed for sale$2,500,000
        Source: CRMLS #CV26068188 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Butterfield

        Getting around

        60 / 100
        Somewhat Walkable
        32 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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