There are total 6 acres of land and 6 apartments, selling as land value as you can build additional houses and apartments on this property, it is an excellent location for development. Rental income effective Feb 1,2024 will be $8285 which is way below market rent ,Market rent for 2 bd is $2100 and 3 bd 2800 . Market rent could be $12000+ per month
Property Details
Property Features
Property Information:
Year Built: 1976
Stories: 1
Listing Office:
Office Name: CAL Top Realty & Investments
Office Phone: (714) 267-2552
Listing Agent: Tilak Chopra
Interior Features
Interior Information:
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 5.97 Acres
Utilities
Utilities Information:
Heating: Central
School Info
Assigned Schools Information:
Moreno Valley High School, Public District Grades 9-12
Sunnymead Middle School, Public District Grades 6-8
Edgemont Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: 60fwy east exit on Day st South on Day to cottonwood Make right.
Price Information
Listing Price Info
Price Summary:
List Price: $2,699,000
Tax Information:
Annual Amount: $2,682
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Moreno Valley, CA.
This property is $2.1M more than the Median Sold Price in Moreno Valley, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW23150505
Listing Office:
Office Name: CAL Top Realty & Investments
Office Phone: (714) 267-2552
Listing Agent: Tilak Chopra
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/1/2024, 6:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 05, 1994
Jul 05, 1994Home Sold
$80,000
May 01, 1989
May 01, 1989Home Sold
$97,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,682
$216,551
2020
$2,682
$214,332
2018
$2,556
$206,011
2017
$2,444
$201,972
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Edgemont Elementary School
21790 Eucalyptus Ave
Distance between this listing and this school0.46 miles
Public District Grades KG-5
Middle School
3
/10
Sunnymead Middle School
23996 Eucalyptus Ave
Distance between this listing and this school2.20 miles
Public District Grades 6-8
High School
3
/10
Moreno Valley High School
23300 Cottonwood Ave
Distance between this listing and this school1.48 miles
Public District Grades 9-12
Assigned Schools
2
/10
Edgemont Elementary School
21790 Eucalyptus Ave
Distance between this listing and this school0.46 miles
Public District Grades KG-5
Nearby Schools
4
/10
Towngate Elementary School
22480 Dracaea Ave
Distance between this listing and this school0.62 miles
Public District Grades KG-5
4
/10
Sunnymeadows Elementary School
23200 Eucalyptus Ave
Distance between this listing and this school1.51 miles
Public District Grades KG-5
Assigned Schools
3
/10
Sunnymead Middle School
23996 Eucalyptus Ave
Distance between this listing and this school2.20 miles
Public District Grades 6-8
Nearby Schools
7
/10
Amelia Earhart Middle School
20202 Aptos St
Distance between this listing and this school2.92 miles
Public District Grades 7-8
3
/10
Badger Springs Middle School
24750 Delphinium Ave
Distance between this listing and this school3.07 miles
Public District Grades 6-8
Assigned Schools
3
/10
Moreno Valley High School
23300 Cottonwood Ave
Distance between this listing and this school1.48 miles
Public District Grades 9-12
Nearby Schools
5
/10
Canyon Springs High School
23100 Cougar Canyon Dr
Distance between this listing and this school2.77 miles
Public District Grades 9-12
2
/10
Riverside County Education Academy
13730 Perris Blvd
Distance between this listing and this school3.18 miles
The neighbors living near this home have an average income of $24,029. The majority of Moreno Valley, CA residents have income less than $35k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 21840 Cottonwood Ave
What is the listing price of this property?
The listing price of 21840 Cottonwood Ave property is $2,699,000.
What type of property is this?
The property 21840 Cottonwood Ave is a condo located in Moreno Valley, California, 92553.
Is this property for sale now?
Active Listing: 21840 Cottonwood Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 21840 Cottonwood Ave are: Edgemont Elementary School: GreatSchools Rating 2/10Sunnymead Middle School: GreatSchools Rating 3/10Moreno Valley High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,682 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 5, 1994 for $80,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 21840 Cottonwood Ave is 1976.
Interested in 21840 Cottonwood Ave? Let's connect.
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This home is located at 21840 Cottonwood Ave in Moreno Valley, CA and zip code 92553 in the Edgemont neighborhood. This home, which was built in 1976, sits on a 5.97 acre lot. It has been listed on Rocket Homes since August 13, 2023 and is currently priced at $2,699,000.
In March 2024, from all listings sold in Moreno Valley, CA there were more than 61 sold above asking price, over 33 sold below and more than 16 were sold right at the asked price. Between February 2024 and March 2024, Moreno Valley, CA real estate market has seen increase in the number of listings by 4%. Listings spent 23 days on the market in March 2024, and had a median list price of $530,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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