13860 Nason
Moreno Valley, CA 92555
Listing broker / agent: Sellers Net Inc · Mark Testa · 800-949-2510 · CRMLS
MLS # OC26197555 · Last checked Oct 22, 2026 04:51 UTC
About this property
**6.19± ACRES | DOWNTOWN CENTER | MULTIFAMILY DEVELOPMENT OPPORTUNITY | MORENO VALLEY** **Prime 6.19± acre development opportunity directly across from the new Lewis Downtown Center at Nason Street and Alessandro Boulevard.** Located in Moreno Valley’s Downtown Center Zoning with no density limit. this exceptional site offers a developer the rare opportunity to acquire a substantial, strategically located parcel with multiple development options. The property has already been studied for a **190-unit multifamily development**, providing a potential starting point for a developer looking to move forward with an existing concept. or a **blank slate** for a developer to create its own vision and maximize the site's tremendous potential. Situated and bordering three streets**, the property offers excellent access, frontage, visibility and design flexibility that is difficult to find in a site of this size. Its location directly across from the planned **Lewis Downtown Center** creates significant long-term upside as the surrounding area develops into one of Moreno Valley's major mixed-use destinations. The property is also currently generating approximately **$12,000 per month in income**, providing the opportunity to **bank the property and collect income while the Downtown Center continues to develop**, or move forward with a multifamily project now. **2 strategies:** • Move forward:** Utilize the existing 190-unit multifamily concept or develop your own higher-density design. • Bank and hold:** Acquire the property, collect approximately $12,000/month in current income, and benefit from the continued development of the surrounding Downtown Center. The location is approximately **one mile from Riverside University Medical Center and Kaiser Permanente**, providing convenient access to major employment, healthcare and transportation corridors. This is an opportunity to control a significant piece of land in one of Moreno Valley's most important emerging development areas—with an existing income stream, an existing multifamily concept, and substantial flexibility for a developer to pursue its own vision. **6.19± Acres | Downtown Center | Potential 190 Units | $12,000± Monthly Income | Across from Lewis Downtown Center | Multifamily Development Opportunity** Also available to buy only 3 acres with houses on Larkmead court for 3.4 M. generating 9k per month.* Buyer to do their own diligence and verification of these estimates.
Property details
- MLS number
- OC26197555
- Status
- Active
- Type
- Land
- Lot size
- 6.19 acres
- County
- Riverside
More property detailsCollapse
Listing
- Days on market
- 0
Exterior & parking
- Lot features
- Six To Ten Units Acre, Flat
- Lot size source
- Assessor
- Property outlook
- None
Utilities & community
- Utilities
- Electricity Available, Natural Gas Available
- Community features
- Suburban, Urban
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Moreno Elementary (school website, opens in a new tab) Moreno Valley Unified · Moreno Valley | K–6 | 0.2 mi |
| Valley View High (school website, opens in a new tab) Moreno Valley Unified · Moreno Valley | 9–12 | 0.8 mi |
| Mountain View Middle (school website, opens in a new tab) Moreno Valley Unified · Moreno Valley | 6–8 | 0.9 mi |
| La Jolla Elementary (school website, opens in a new tab) Moreno Valley Unified · Moreno Valley | K–5 | 1.1 mi |
| Audeo Valley Charter (school website, opens in a new tab) Riverside County Office of Education · Moreno Valley | 6–12 | 1.2 mi |
| Landmark Middle (school website, opens in a new tab) Moreno Valley Unified · Moreno Valley | 6–8 | 1.4 mi |
| Bear Valley Elementary (school website, opens in a new tab) Moreno Valley Unified · Moreno Valley | K–5 | 1.4 mi |
| Journey (school website, opens in a new tab) Riverside County Office of Education · Moreno Valley | K–6 | 1.5 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $5,470,000
- MLS-reported original asking price
- $5,470,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:51 | $5,470,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Moreno Valley
Active residential homes for sale in Moreno Valley, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
56 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 05:38 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗