tomo logo

$519,777

Beds
3
Baths
2.0
sq ft
1,378

22170 Bay Ave, Moreno Valley, CA 92553

22170 Bay Ave

Moreno Valley, CA 92553

  • 88 days on market
    • Price drop $30,111↓
Investors, seize this remarkable opportunity! Seller is VERY MOTIVATED! $114,000 Price reduction! This expansive property encompasses a large 1.45-acre lot, totaling 63,162 sq ft and boasting R2 zoning for Single Family and Multi-family use up to 15 Units. The property showcases a spacious 3-bedroom, 2-bathroom house spanning 1378 sq ft, accompanied by three sizable roll-up garages and a standard detached garage. With potential to build an additional units or craft a personalized living compound, welcome to your new venture as a California Real Estate investor!

Details

Property type

Single Family Residence

Est. home value

$509,465

Lot size

1.45 acres

Price per sq ft

$378

Year built

1941

Price History

07/03/2024
CRMLS

CRMLS #CV24068077

Price change
$519,777
-5.48%
06/25/2024
CRMLS

CRMLS #CV24068077

Price change
$549,888
-12.58%
06/05/2024
CRMLS

CRMLS #CV24068077

Price change
$629,000
-3.08%

Schools & Community

Neighborhood: 

Edgemont

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Park

High school district: 

Moreno Valley Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Mario Del Guidice Living Trust

Loan start date

June 2022

Original loan amount

$44,000

Est. remaining balance

Not provided

Interest rate

5.11%

Loan type

Commercial

Seller

Arthur Christopher Tapia

Lender

The Mario Del Guidice Living Trust

Loan start date

April 2021

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Not Provided

Seller

Arthur Christopher Tapia

Lender

The Mario Del Guidice Living Trust

Loan start date

April 2021

Original loan amount

$350,000

Est. remaining balance

Not provided

Interest rate

3.02%

Loan type

Commercial

Seller

Arthur Christopher Tapia

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

CRMLS
$545,000
3 bd
|
2 ba
|
1,339 sq ft
|
House

12045 Bayless St, Moreno Valley, CA 92557

CRMLS
$520,000
3 bd
|
2 ba
|
1,424 sq ft
|
House

23146 Bay Ave, Moreno Valley, CA 92553

CRMLS
$497,000
3 bd
|
2 ba
|
1,080 sq ft
|
House

22815 Scotia Ln, Moreno Valley, CA 92557

Status: Active

Tomo last checked: 07/06/2024 at 2:25 AM

Listing updated: 07/03/2024 at 11:52 AM

Listed by: Bryan Sanchez, Acevedo Real Estate Corp Phone #: (909) 660-6011

MLS: CRMLS #CV24068077

CRMLS logo

Recently listed in Moreno Valley