Active Under Contract

13989 Moreno Rose

Moreno Valley, CA 92553
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SqFt200,519

Sqft(Lot)

We are pleased to present 13989 Moreno Rose Place, a premier development opportunity for Valley Gardens, a fully entitled 64-unit multifamily community in Moreno Valley. This ±4.60-acre (±200,519 SF) site has secured all discretionary approvals, allowing a purchaser to bypass years of entitlement risk. The acquisition includes a complete intellectual property package featuring professional architectural plans by Irwin Partners Architects and detailed civil engineering. With entitlements and design foundations in place, this offering provides an accelerated path to final plan check and construction, significantly reducing soft costs and speculative carry time for the buyer. The project consists of 64 units across eight two-story buildings using efficient Type V-B construction. While zoning allows for 15–25 DU/acre, the site was intentionally approved at 13.91 DU/acre to prioritize larger units, better parking, and a more livable layout. With 160 dedicated spaces (a 2.5:1 ratio), this design supports premium 'lifestyle' rents by offering residences averaging ±1,054 SF—significantly larger than traditional high-density products. This two-story apartment building configuration appeals to a professional tenant base seeking the privacy of a traditional home with the convenience of a managed community. Additionally, the lower current density may offer future upside for a buyer looking to revisit site intensity. As the second-largest city in Riverside County, Moreno Valley is anchored by massive institutional investment, including the 40.6M SF World Logistics Center and healthcare expansions by Kaiser Permanente and Riverside University Health System. By delivering comprehensive grading and structural plans at the close of escrow, this offering de-risks the pre-construction phase and provides a clear, efficient path toward site commencement in a high-absorption growth market. Located on Alessandro Boulevard, the site provides immediate access to regional medical and logistics hubs via the SR-60 and I-215 freeways. Residents are minutes from the Moreno Valley Mall and Stoneridge Towne Centre. For commuters, the property is near the Moreno Valley/March Field Metrolink Station, providing rail connections to Los Angeles and Orange Counties. This central location ensures the development remains highly competitive for tenants prioritizing both outdoor recreation and efficient transit access to employment centers.

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Detail Ic Property Details

Property Type : Land

Price : $2,500,000

AD Id : 76630968

MLS Id : CV26068188

Lot Size : 200,519 Sqft(Lot)

County : Riverside

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Feature Features

  • Lot Information

    Main Square Feet: 200519 Lot Size Acres: 4.6033 Lot Size Source: Assessor Lot Size Square Feet: 200,519 Lot Description: Lot Over 40000 Sqft

  • Listing Price Information

    Listing Price: $2500000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 479220024 Tax Lot: 7 Tax Block: 101

  • Location Information

    Direction: Continue onto CA-60 E/I-215 S, Take exit 62 toward Perris Blvd, Turn right onto Perris Blvd, Turn left onto Cottonwood Ave, Turn right onto Kitching St, Turn right onto Alessandro Blvd, Turn right onto Moreno Rose Pl WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
25767 Alessandro Boulev.., Moreno Valley, CA, 92553 $585,000 -- -- -- 23,522 Sqft(Lot)
Webster-val View, Moreno Valley, CA, 92553 $170,000 -- -- -- 4,356 Sqft(Lot)
Sunnymead Boulevard, Moreno Valley, CA, 92553 $3,000,000 -- -- -- 78,844 Sqft(Lot)
24233 Sunnymead Boulevard, Moreno Valley, CA, 92553 $345,000 -- -- -- 13,939 Sqft(Lot)
24270 Myers, Moreno Valley, CA, 92553 $799,995 -- -- -- 38,768 Sqft(Lot)
4812700 15 Myers Avenue, Moreno Valley, CA, 92553 $149,990 -- -- -- 9,900 Sqft(Lot)
24208 Dracaea, Moreno Valley, CA, 92553 $300,000 -- -- -- 19,602 Sqft(Lot)
12922 Heacock Street, Moreno Valley, CA, 92553 $1,200,000 -- -- -- 60,984 Sqft(Lot)
Olive Wood Plaza Dr, Moreno Valley, CA, 92553 $1,200,000 -- -- -- 42,253 Sqft(Lot)
13277 Day, Moreno Valley, CA, 92553 $900,000 -- -- -- 54,450 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 07/28/2026 @ 18:03

MLS: CV26068188 LISTED BY: Eric Chen, CB RICHARD ELLIS 909-418-2000 SOURCE: CRMLS

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