13989 Moreno Rose , Moreno Valley, CA 92553
$2,500,000
Est. Payment: $12,579.60/mo
0 Bed
0 Bath
0 Sqft
Status: active with contingency | Days on site: 88
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

We are pleased to present 13989 Moreno Rose Place, a premier development opportunity for Valley Gardens, a fully entitled 64-unit multifamily community in Moreno Valley. This ±4.60-acre (±200,519 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 two-story buildings using efficient Type V-B construction. While zoning allows for 15–25 DU/acre, the site was intentionally approved at 13.91 DU/acre to prioritize larger units, better parking, and a more livable layout. With 160 dedicated spaces (a 2.5:1 ratio), this design supports premium 'lifestyle' rents by offering residences averaging ±1,054 SF—significantly larger than traditional high-density products. This two-story 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 second-largest city in Riverside County, Moreno Valley is anchored by massive institutional investment, including the 40.6M 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 de-risks the pre-construction phase and provides a clear, efficient path toward site commencement in a high-absorption growth market. Located on Alessandro Boulevard, the site provides immediate access to regional medical and logistics hubs via the SR-60 and I-215 freeways. Residents are minutes from the Moreno Valley Mall and Stoneridge Towne Centre. For commuters, the property is near the Moreno Valley/March 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.

Highlights

Listed by Eric Chen , 909-418-2071 CB RICHARD ELLIS , 909-418-2000. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
4.6

County

Riverside

Area

259 - Moreno Valley

Listing ID

CV26068188

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:Lot Over 40000 Sqft,No Land Lease
Zoning:COMU
Principal Interest
$12,580
Taxes
$1,594

Home Price

$2,500,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,579.60

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,579.60 $1,593.75 $0.00 $14,173.35
Yearly $150,955.26 $19,125.00 $0.00 $170,080.26
Total $4,528,657.72 $573,750.00 $0.00 $5,102,407.72

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Moreno Valley, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T14:37:52.000Z

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