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13860 Nason

Moreno Valley, CA 92555
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Acres6.19

Acres(Lot)

**6.19± ACRES | DOWNTOWN CENTER | MULTIFAMILY DEVELOPMENT OPPORTUNITY | MORENO VALLEY** **Prime 6.19± acre development opportunity directly across from the new Lewis Downtown Center at Nason Street and Alessandro Boulevard.** Located in Moreno Valley’s Downtown Center Zoning with no density limit. this exceptional site offers a developer the rare opportunity to acquire a substantial, strategically located parcel with multiple development options. The property has already been studied for a **190-unit multifamily development**, providing a potential starting point for a developer looking to move forward with an existing concept. or a **blank slate** for a developer to create its own vision and maximize the site's tremendous potential. Situated and bordering three streets**, the p roperty offers excellent access, frontage, visibility and design flexibility that is difficult to find in a site of this size. Its location directly across from the planned **Lewis Downtown Center** creates significant long-term upside as the surrounding area develops into one of Moreno Valley's major mixed-use destinations. The property is also currently generating approximately **$12,000 per month in income**, providing the opportunity to **bank the property and collect income while the Downtown Center continues to develop**, or move forward with a multifamily project now. **2 strategies:** • Move forward:** Utilize the existing 190-unit multifamily concept or develop your own higher-density design. • Bank and hold:** Acquire the property, collect approximately $12,000/month in current income, and benefit from the continued development of the surrounding Downtown Center. The location is approximately **one mile from Riverside University Medical Center and Kaiser Permanente**, providing convenient access to major employment, healthcare and transportation corridors. This is an opportunity to control a significant piece of land in one of Moreno Valley's most important emerging development areas—with an existing income stream, an existing multifamily concept, and substantial flexibility for a developer to pursue its own vision. **6.19± Acres | Downtown Center | Potential 190 Units | $12,000± Monthly Income | Across from Lewis Downtown Center | Multifamily Development Opportunity** Also available to buy only 3 acres with houses on Larkmead court for 3.4 M. generating 9k per month.* Buyer to do their own diligence and verification of these estimates.

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Detail Ic Property Details

Property Type : Land

Price : $5,470,000

AD Id : 91115059

MLS Id : OC26197555

Lot Size : 6.19 Acres(Lot)

County : Riverside

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  • Lot Information

    Lot Dimensions: 269,636 Main Square Feet: 6.19 Lot Size Acres: 6.19 Lot Size Source: Assessor Lot Size Square Feet: 269,636 Lot Description: SixToTenUnitsAcre,Flat

  • Listing Price Information

    Listing Price: $5470000
    Cash, CashToNewLoan, Exchange1031, SubjectToOther

  • Tax Information

    Parcel Number: 488210011 Tax Lot: 4

  • Utility Information

    ElectricityAvailable, NaturalGasAvailable
  • Location Information

    Direction: 60 Freeway south north of Alasandro
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Nearby Home Value

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Laurene, Moreno Valley, CA, 92555 $116,000 -- -- -- 141,570 Sqft(Lot)
40 Gilman Springs, Moreno Valley, CA, 92555 $5,500,000 -- -- -- 3,854,624 Sqft(Lot)
Theodore Street, Moreno Valley, CA, 92555 $1,950,000 -- -- -- 321,908.40 Sqft(Lot)
Redlands Boulevard, Moreno Valley, CA, 92555 $2,750,000 -- -- -- 27.33 Acres(Lot)
Kimberly, Moreno Valley, CA, 92555 $190,000 -- -- -- 19,602 Sqft(Lot)
1 Pablo Rd, Moreno Valley, CA, 92555 $350,000 -- -- -- 38,768 Sqft(Lot)
27920 Vista Suelto Road, Moreno Valley, CA, 92555 $250,000 -- -- -- 931,748 Sqft(Lot)
28196 Alessandro Boulev.., Moreno Valley, CA, 92555 $2,250,000 -- -- -- 198,198 Sqft(Lot)
28057 Bay Avenue, Moreno Valley, CA, 92555 $21,000,000 -- -- -- 923,036.40 Sqft(Lot)
Vista Suelto, Moreno Valley, CA, 92555 $150,000 -- -- -- 861,617 Sqft(Lot)

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 09/11/2026 @ 19:35

MLS: OC26197555 LISTED BY: Mark Testa, Sellers Net Inc 800-949-2510 SOURCE: CRMLS

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