Active

21893 Cottonwood Avenue

Moreno Valley, CA 92553
Mark as Favorite
Bed 8

Bed

Bath 4

Bath

SqFt2,889

Sqft

SqFt41,382

Sqft(Lot)

We are pleased to present 21893 Cottonwood Avenue, a four-unit multifamily property located in Moreno Valley, California. The property is conveniently located near the 60 and 215 Freeways, providing tenants with easy access throughout the Inland Empire, including Riverside, San Bernardino, and surrounding employment hubs. 21893 Cottonwood Avenue offers investors a unique opportunity to acquire a fully vacant four-unit property, allowing a new owner to select their own tenants, lease all units at market rents, or occupy one unit while renting out the remaining three. The property features approximately 2,889 rentable square feet situated on a large 41,382-square-foot (0.95-acre) lot. The unit mix consists of one two-bedroom/one-bathroom single-family home and three two-bedroom/one-bathroom apartment units. Recent improvements include a new electrical panel for the front house, remodeled units, fresh paint, newly installed mini-split AC units, and newly paved asphalt. Offered at $925,000, the property is priced at $231,250 per unit and $320.18 per square foot. Based on projected market rents, the property is expected to achieve a 7.84% cap rate and 9.02 GRM once stabilized. Moreno Valley continues to experience steady rental demand supported by its relative affordability, convenient access to the 60 and 215 Freeways, and nearby employment drivers, including March Air Reserve Base and the expanding Inland Empire logistics corridor. With all four units delivered vacant, recent property improvements, and a nearly one-acre lot, 21893 Cottonwood Avenue provides a new owner the opportunity to immediately establish market rents and position the property for strong stabilized cash flow.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $925,000

AD Id : 89779768

MLS Id : 26875157

Beds : 8

Lot Size : 41,382 Sqft

Living Area Size : 2,889

Year Built : 1966

County : Riverside

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4

  • Building Information

    Year Built: 1966
    Building Area Total: 2889
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 41382 Lot Size Acres: 0.95 Lot Size Square Feet: 41,382

  • Listing Price Information

    Listing Price: $925000

  • Tax Information

    Parcel Number: 263200018

  • Location Information

    Direction: From the 60 Freeway, take the Day Street exit and head south on Day Street. Continue south, then turn left onto Cottonwood Avenue and travel east. Continue along Cottonwood Avenue until you arrive at 21893 Cottonwood Avenue in Moreno Valley.
Sell a home like this and save $55,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
12576 Hackberry, Moreno Valley, CA, 92553 $539,000 4 2 1,466 6,970 Sqft
12696 Hackberry, Moreno Valley, CA, 92553 $500,000 3 3 1,796 7,841 Sqft
25833 Sweetleaf Street, Moreno Valley, CA, 92553 $690,000 6 3 2,141 10,019 Sqft
13525 Ninebark Street, Moreno Valley, CA, 92553 $579,999 3 2 1,581 7,405 Sqft
13997 Chervil Court, Moreno Valley, CA, 92553 $555,000 4 2 1,609 8,712 Sqft
13799 Chara Street, Moreno Valley, CA, 92553 $550,000 3 3 1,730 8,712 Sqft
25681 Alessandro Boulev.., Moreno Valley, CA, 92553 $76,500 1 1 -- --
25681 Alessandro Boulev.., Moreno Valley, CA, 92553 $109,000 2 1 1,056 --
13632 Red Mahogany Drive, Moreno Valley, CA, 92553 $530,000 3 3 1,434 5,227 Sqft
13881 Elmwood Ct, Moreno Valley, CA, 92553 $528,999 3 2 1,155 4,791 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/09/2026 @ 07:31

MLS: 26875157 LISTED BY: Oscar Diaz, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

Homes around $925,000

Selling? Save $55,001 when you sell a home like this

Tour with a ByOwner Agent