$21,000,000
Est. $117,600/mo28057 Bay Avenue, Moreno Valley, CA 92555
About this home
-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
infoProperty Facts
Lot Size
923,036.4 sqft
Days on Market
1
HOA Fee
N/A
MLS #
IV25143930
chairInterior Details
garageParking
deckExterior & Lot
Lot & Grounds
Lot Features
Twenty Six To Thirty Units Acre
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Valley
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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