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23807087
23807089

Bay Ave and Moreno Beach Drive, Moreno Valley, CA 92555

DS
CA 01941251
Diversified Realty, Inc
Listed by Diversified Realty, Inc
Unpriced
1258 days on market
Updated 104 days ago

500 Unit Apartment Development Fully Entitled MORENO VALLEY

Details
APN 478-060-004, 016, 017, 018, 019, 022, 023 & 024
Property Type Land
Sub Type Commercial, Residential
Broker Co-Op Yes
Acreage 21.190
Zoning Community Commercial District (CC)
Ownership Fee Simple
Sale Condition For sale by owner

Land | 21.19 acres

Investment highlights

-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

Listing Contacts

DS
CA 01941251
Diversified Realty, Inc
Listed by Diversified Realty, Inc

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