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  • 13860 Nason

13860 Nason, Moreno Valley, CA 92555

$5,470,000 Approx. USD 0 beds, 0 baths
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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
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Lic#: 01276603
NRDS ID: 187514104
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Lic#: 01276603
NRDS ID: 187514104
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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Listing Agent


Mark Testa | sales@sellersnet.com
Lic#: 01022131
Broker: Courtesy of Sellers Net Inc
Phone: 800-949-2510

Agent Remarks

**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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# OC26197555
Price: $5,470,000
HOA Fee is $0.00
Beds: 0
Baths: 0
6.19 acres
Lot size: 6.1900
County: Riverside
Zoning: DC Downtown Center
Lot description: SixToTenUnitsAcre,Flat
MLS area: 259 - Moreno Valley

Last Updated: 9/10/2026

 Days On Market (DOM): 17

 Find more Moreno Valley homes and real estate

 Find more homes in 92555 zip code

This listing belongs to the 259 - Moreno Valley MLS area

Lat/Long: 33.919359, -117.190898.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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