11280 Hillmer Ct - Apartments FOR SALE


Moreno Valley, CA 92557- Moreno Valley West
$1,150,000 USD
626-552-1028
11280 Hillmer Ct, Moreno Valley, CA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/7
null | 4.67% Cap Rate

11280 Hillmer Ct
Moreno Valley, CA 92557
Moreno Valley West


OVERVIEW

RARE DEVELOPMENT & ESTATE OPPORTUNITY ABOVE BOX SPRINGS Exceptional Views | 13.4± Acres | Equestrian Zoning | Private Well & Natural Spring Discover a rare opportunity to own approximately 13.4± acres across two parcels in an elevated and highly desirable location above Box Springs, offering spectacular panoramic views of Moreno Valley and Riverside. The property includes APN #256-150-018 (3.2± acres) and APN #256-160-017 (10.2± acres). An existing residence is situated on the property and presents an excellent opportunity for renovation, expansion, redevelopment, or replacement with a custom estate, subject to applicable approvals. The expansive 10.2±-acre parcel features an additional elevated plateau with breathtaking, unobstructed views, creating exceptional potential for a private estate, equestrian property, or future investment/development opportunity. The land is zoned for equestrian use and offers a combination of privacy, open space, and natural beauty that is increasingly difficult to find in the area. Additional property highlights include a private well and access to natural spring water, providing valuable on-site water resources. The combination of substantial acreage, elevated views, equestrian zoning, and multiple potential uses makes this a compelling opportunity for owner-users, developers, and long-term investors. Buyers are encouraged to independently verify zoning, land use, development potential, water rights, well and spring conditions, utilities, access, and all other property information with the appropriate governmental agencies and qualified professionals. Opportunities of this scale and setting are rarely available—bring your vision and create an exceptional estate or investment property above Moreno Valley.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$224 USD /SF

# OF UNITS

4

PRICE/UNIT

$287,500

CAP RATE

4.67%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11280 Hillmer Court

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

23

LAND DETAILS

LAND ACRES

3.23 AC

LAND SF

140,576 SF

ZONING

R

APN/PARCEL ID

256-150-018,256-160-017

ASK ABOUT THIS PROPERTY

Aldon LaiColdwell Banker Commercial George RealtyMore Info
626-552-1028

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Aldon LaiColdwell Banker Commercial George RealtyMore Info
626-552-1028

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.