ActiveLand · sale

13989 Moreno Rose

Moreno Valley, CA 92553

$2,500,000

  • 4.6 acres

Listed by CB RICHARD ELLIS · MLS #CV26068188

A FEW THINGS TO NOTICE

What stands out.

Property size

4.6 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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We are pleased to present 13989 Moreno Rose Place a premier development opportunity for Valley Gardens a fully entitled 64unit multifamily community in Moreno Valley This 460acre 200519 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 twostory buildings using efficient Type VB construction While zoning allows for 1525 DUacre the site was intentionally approved at 1391 DUacre to prioritize larger units better parking and a more livable layout With 160 dedicated spaces a 251 ratio this design supports premium lifestyle rents by offering residences averaging 1054 SFsignificantly larger than traditional highdensity products This twostory 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 secondlargest city in Riverside County Moreno Valley is anchored by massive institutional investment including the 406M 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 derisks the preconstruction phase and provides a clear efficient path toward site commencement in a highabsorption growth market Located on Alessandro Boulevard the site provides immediate access to regional medical and logistics hubs via the SR60 and I215 freeways Residents are minutes from the Moreno Valley Mall and Stoneridge Towne Centre For commuters the property is near the Moreno ValleyMarch 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

THE NEIGHBORHOOD

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13989 Moreno Rose, Moreno Valley, CA 92553

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THE DETAILS

The details, all in one place.

Property type
Land
Category
Land
Zoning
COMU
Parcel
479220024
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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13989 Moreno Rose, Moreno Valley, CA 92553 · MLS #CV26068188

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Listing information

MLS #CV26068188 · California Regional MLS

Listing brokerage: CB RICHARD ELLIS
Listing agent: Eric Chen

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.