tomo logo

$399,999

Beds
3
Baths
2.0
sq ft
1,378

22170 Bay Ave, Moreno Valley, CA 92553

22170 Bay Ave

Moreno Valley, CA 92553

  • 20 days on market
ATTENTION DEVELOPERS! An incredible opportunity awaits! This 1.45-acre property is primed for development, offering the potential to build 16+ units. Perfect for those with vision and experience, this expansive lot is priced to sell quickly! The existing 1,378 Sq ft. 3 bedroom, 2 bathroom home includes a detached garage, offering the perfect opportunity for conversion into an ADU or guest house, adding significant value to the property. Please note: Buyers will assume responsibility for building and safety compliance, as well as small code regulations. Don’t miss out on this high-potential investment, bring your developers and let's make a deal!

Details

Property type

Single Family Residence

Est. home value

$509,465

Lot size

1.45 acres

Price per sq ft

$291

Year built

1941

HOA

No

Price History

02/03/2025
CRMLS

CRMLS #CV25024553

Listed
$399,999
-24.53%
09/20/2024
CRMLS

CRMLS #CV24068077

Removed
$530,000
09/19/2024
CRMLS

CRMLS #CV24068077

Listed
$530,000

Schools & Community

Neighborhood: 

Edgemont

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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
$399,900
2 bd
|
2 ba
|
930 sq ft
|
Condo

200 E Alessandro Blvd Unit 80, Riverside, CA 92508

CRMLS
$400,000
2 bd
|
2 ba
|
930 sq ft
|
Condo

200 E Alessandro Blvd Unit 85, Riverside, CA 92508

CRMLS
$360,000
1 bd
|
1 ba
|
740 sq ft
|
Condo

375 Central Ave Unit 87, Riverside, CA 92507

Status: Active

Tomo last checked: 02/24/2025 at 6:15 AM

Listing updated: 02/08/2025 at 2:50 PM

Listed by: Bryan Sanchez, CENTURY 21 SYNERGIA REALTY Phone #: (909) 248-5296

MLS: CRMLS #CV25024553

CRMLS logo

Recently listed in Moreno Valley