$1,050,000

24050 Sunnymead Boulevard

Moreno Valley CA, 92553

Description

DO NOT DISTURB TENANTS. DRIVE BY ONLY. CONTACT LISTING AGENTS FOR OFFERING MEMORANDUM. We are pleased to exclusively present 24050-24054 Sunnymead Boulevard located in Moreno Valley, California. Pride of ownership building(s) with excellent exposure along Heacock Street & Sunnymead Boulevard. Individual lot contains three fully separate buildings situated on a major thoroughfare and is within close proximity to I-60 and I-215 Freeways. The subject presents an excellent opportunity for an owner/user as well as an investor looking to add value through stabilization and capturing achievable market rents (per lease comparables dated September 2019). Bordered by the city of Riverside and Redlands, the City of Moreno Valley is the 2nd largest city in Riverside County in regard to the number of residents. Continued industrial job creation in the immediate area is supporting a strong growing workforce population of over one million people in a 20-mile radius as of September 2019, the city is nationally ranked among one of the fastest growing cities in the nation year over year (five percent year over year).

Details

MLS#CV20068629
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1967
Days On Site245

Features

SQ Feet5,100
Units3

Market Activity 92553

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Area Information
StateCA
CountyRiverside
CityMoreno Valley
Zip Code92553
Area259 - Moreno Valley
Listing VS Median (in 92553)
Price:
$1,050,000
low | high
Med:
$347,000
100% of Average
SqFt:
5,100
low | high
Med:
1,357
100% of Average
$ / SqFt:
$206
low | high
Med:
$261
23.045553163554% of Average
On Site:
245
low | high
Med:
42
100% of Average
Listing Updated: December 4, 2020 5:10:26 AM PST
SEAN HWANGBO LogoMLS Number: CV20068629
Listing Provided By:
SEAN HWANGBO  of  REALTY ONE GROUP WEST
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.