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Closed
- Listed price
- $2,000,000
- Listed Aug 31, 2021
- Sold price
- $2,500,000
- Sold Sep 2, 2022
220,414 sqft lot00|241 MLS days on market
22020 Bay Ave, Moreno Valley, CA 92553
Property Description
The Seller is currently working with the city to split these lots. The sales price does not include the 5 units only the 4 acres of vacant land to the east of the units.This is an excellent property for development,it is made up of 2-2.5 acre parcels,one of the parcels has 2 duplexes on it,the other parcel has a single family home on it, it is zoned R3.Located close to major shopping,restaurants, medical facilities and the 215 and 60 freeways,the location is great.It is on a highly traveled main street,right on the corner.All utilities are already to the site.The water company recently ran a new 12" water main to service the property. There are 2 duplexes and 1 single family home on the site with rents over $5,000 per month,for development,these structures will be scrape offs. Parcel number(291-150-013) can be included in sale in the sale,for a total of 5.06 acres. Do not hesitate to submit all offer.
Listing agent: PACO CRAIGDRE #01070102pacocraig26@gmail.com, Listing office: NATIONAL REALTY GROUP
MLS data updated 11/3/2026, 4:20:56 AM PT
Source: CRMLSMLS #: IV21193774
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,500,000
Sep 2, 2022
Available records22021–2022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,500,000Closed sale · Sep 2, 2022ZIP 92553 · Sep 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsSep 2, 2022 – Sep 2, 2022
ZIP 92553 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.