BANK OWNED!
112 UNITS
MORENO VALLEY, CA
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LOCATION: | Southwest corner of Moreno Beach Drive and Brodiaea Avenue in the City of Moreno Valley. Approximately 1.25 miles south of the 60 Fwy and from that point approximately 6.5 miles east of the 60 and 215 Fwy interchange. TG 718-D-6. |
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APN/SIZE: | 486-250-021 totaling 7.33+/- acres. |
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TOPO: | The site is rough graded. |
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ZONE: | R-15 (15 DU/Acre). BUYER TO VERIFY ZONING AND THAT IT WILL ALLOW BUYER'S INTENDED USE. |
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ENTITLEMENT: | Approved Specific Plan Amendment (PA05-0180); Tentative Tract Map 34215 (PA05-0181) for 112 individual townhome units within a shared parcel rather than individual lots with separate lot lines (source: Planning Commission Staff Report, 3/29/07); and Plot Plan (PA05-0182). Approval date: 3/2/07. |
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RE-ENTITLEMENT: | Potential 220 unit independent senior living / age integrated community and/or integrated / combined senior living, assisted living, and acute care community (includes 100% density bonus) Please see Chapter 8 of the City of Moreno Valley General Plan (policy 1.106). |
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PRICE: | $975,000. ($8,705/Unit @ 112 units and $4,432/Unit @ 220 units). |
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CONTACT: | David Rosenthal (DRE 01173980) at (818) 787-3077 for additional information. |
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KOREK LAND COMPANY, INC.
15230 Burbank Blvd., Suite 101, Sherman Oaks CA 91411
Telephone: (818) 787-3077; Fax: (818) 787-9677
E-mail: mail@korekland.com
DRE 00861992