0 Walther Ave
Moreno Valley, CA 92555

38.00 Acres 51 Days
Investor/Builder/Ranching and/or Farming !!!... This owner needs to sell his 38 acre "flat" land ASAP (two parcels at 8 and 30 acres). It is "priced to sell" at just $988,000 for all 38 acres. Nearby there are several parcels (about 9 acres each) for sale at over $1 million each (these listings provided upon request)... This motivated seller will now finance with just a $398,000 down payment. He will carry the $590,000 balance as a loan at just a 2% interest rate payable with interest only payments of just $984 monthly... This 38 acres was formally a "landscaping nursery" and has the great Riverside County zoning of RA-1. This zoning makes it easy to divide this land into 38 "one acre" lots (only $26.000 for each "one acre" building site)... This land already has Edison power and the EMWD district water meter "on site"... This project also owns the valuable "water rights" for installing many wells for an unlimited supply of "free water" for housing, ranching and/or farming... Each connection to the the EMWD district water, can cost almost as much as installing each well... The zoning permits raising up to 40 horses or any combination of domestic animals on 38 acres... You can farm most agricultural crops with "free well water". Farming this former nursery, can generate is huge income from cash crops like organic produce, lavender flowers, etc... One "lavender farmer" on just "7 acres" earns $1 million yearly... call about possible LAND LEASE ($100 per acre)/OPTION...WOW !!
  • $0 HOA
  • —/Sqft
  • MLS#IV17178155 provided by PAT O'BRIEN of DEVELOPER SALES ASSOCIATES
  • Movoto last checked CRMLS for new data 37 minutes ago
  • CRMLS last updated this listing 2 weeks ago

Property Features for 0 Walther Avenue , Moreno Valley

Lot Size Acres: 38
Lot Size Square Feet: 1655280
Lot Size Units: Acres
Lot Size Area: 38
Price Per Square Foot: 0.6
Additional Parcels: 473120002
Parcel Number: 473120027
Special Listing Conditions: Standard
Standard Status: Active
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Property History for 0 Walther Avenue, Moreno Valley

Status
Date
Price
Listed
Aug 9, 2017
$199,000
#SW17183732
Listed
Jul 30, 2017
$988,000
#IV17178155
Listed
Jul 30, 2017
$398,000
#IV17178000
Listed
Jan 31, 2017
$169,000
#SW17020767
Price Change
Sep 15, 2016
$165,000
Price Change
Aug 23, 2016
$179,999
Listed
May 1, 2016
$199,999
#SW16093118

Compare Similar Homes for 0 Walther Avenue, Moreno Valley

Movoto doesn't have sqft for this home. The value of the home is $1,047/Sqft based on the average of the following nearby homes for sale.
Movoto's Price/Sqft estimate is not a professional appraisal, it is a starting point to help you price this home. Contact a Movoto Real Estate agent today to get a comprehensive evaluation
You can refine the estimate by removing homes that are not similar
A 31.42 mi
854 Ontario Blvd
  • $758,000
  • For Sale

    27 days

  • 1 Bd
  • 1 Ba
  • 724 Sqft
  • $1,047 /Sqft
  • 0.25 Acres Lot
  • Built 1924
YOU
ARE
HERE
0 Walther Ave
  • $988,000
  • For Sale

    51 days

  • — Bd
  • — Ba
  • 38.00 Acres Lot
  • Built —

Real Estate Market Statistics for 0 Walther Avenue, Moreno Valley

YOU ARE HERE

0 Walther Avenue

No data!
Riverside County
Moreno Valley
92555
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$988K

0 Walther Avenue

$375K

92555

1% y/y

92555

$325K

Moreno Valley

-1% y/y

Moreno Valley

-

Riverside County

- y/y

Riverside County

See all trends for Moreno Valley
0 Walther Ave in ZIP code 92555 is a land home currently listed for $988,000. This is 163% above the median of $375,000 for 92555 and 204% above the median price of $325,000 for the city of Moreno Valley, CA. As of today, , there are 65 properties listed for sale in the 92555 area and 245 properties listed for sale in Moreno Valley. Of those 245 properties for sale, 219 are single family homes and 26 are condos. 0 Walther Ave is approximately — Sqft, 100% below the Moreno Valley median of 1,777 and 100% below the 92555 ZIP code median of 2,368. The price per Sqft is —, which is 100% below the median price in 92555 of $157 and 100% below the Moreno Valley median of $183 per square foot.
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