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Off market
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  • $1,150,900

    22395 Cottonwood Ave, Moreno Valley, CA 92553

    4beds
    4,400sqft
    MultiFamily
    Built in 1965
    -- sqft lot
    $1,150,900 Zestimate®
    $262/sqft
    $2,608 Estimated rent

    Home value

    $1,150,900

    $1.01M - $1.30M

    $2,608/mo

    Zestimate® history
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    $7,345/mo

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    What's special

    Great Investment Opportunity. 4 homes on 2.8 acres ZONED R-15. This zoning per City of Moreno Valley allows for 12-15 units per acre. All homes are currently occupied by established, quality, pay on time tenants. All 4, well maintained homes feature 3 bedrooms and 1 bath. Each home on separate water/electric meters! Convenient family orientated floor plans. Revamped in and out, paint, new tile, carpet, granite counters, wall heaters, evaporative coolers, copper piping. Tenant supplied refrigerators and stoves greatly reduce owner responsibility. Each home maintains their own private, fenced yard. All units have multiple parking spaces for family and guests. Two homes feature large, two-car detached garages. One home has one-car attached garage. One home has carport. Parcel is flat, fenced, and cross-fenced with multiple out-buildings, including separately fenced large workshop and storage garage. Back of lot flat and vacant could be desirable location for additional units. Property is conveniently located close to shopping, including, Moreno Valley Mall, Target, Costco, Wal-Mart, PetsMart, Lowes, BJ's Pizza, Hooters, Acapulcos, Red Robin, Olive Garden, March Air Base, and I215 and 60 frwys. Area is growing very rapidly and so is the need for housing!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Refrigerator
    Features
    • Flooring: Carpet
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,400 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Garage - Attached, Garage - Detached
    Features
    • Exterior features: Cement / Concrete
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 2.79 Acres
    Details
    • Parcel number: 291140007

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1965

    Community & HOA

    Location
    • Region: Moreno Valley

    Financial & listing details

    • Price per square foot: $262/sqft
    • Tax assessed value: $724,476

    Price history

    DateEventPrice
    10/23/2015Sold$600,000$136/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $724,476 +2%
    2025$9,866 +8.2%$710,271 +2%
    2024$9,121 +4.3%$696,345 +2%
    2023$8,741 +1.7%$682,692 +2%
    2022$8,592 +1.7%$669,307 +2%
    2021$8,445 +1%$656,184 +1%
    2020$8,363 +1.5%$649,456 +2%
    2019$8,239 +3.7%$636,723 +2%
    2018$7,948 +4%$624,240 +2%
    2017$7,643 $612,000 +2%
    2016$7,643 +316.9%$600,000 +572.8%
    2015$1,833 +4.1%$89,176 +2%
    2014$1,760 $87,431 +0.5%
    2013-- $87,038 +2%
    2012-- $85,332 +2%
    2011-- $83,660 +0.8%
    2010-- $83,036 -0.2%
    2009-- $83,236 +2%
    2008-- $81,605 +2%
    2007-- $80,006 +2%
    2006-- $78,438 +2%
    2005-- $76,901 +3.9%
    2003-- $74,013 +18.3%
    2002-- $62,563 +2%
    2001$1,450 +6.1%$61,337 +15.6%
    2000$1,367 $53,050
    Find assessor info on the county website

    Neighborhood: Edgemont

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,150,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,150,900