Eucalyptus Avenue, Moreno Valley, CA 92553

Property Description

Extraordinary 6,534?sq. ft. corner lot located at the intersection of Eucalyptus Avenue and a secondary street, zoned R2 (up to 2 dwelling units per acre) and ideal for suburban-style residential development. This prime corner position offers exceptional exposure, visibility, and flexible development potential—perfect for detached homes, duplexes, or innovative live-work units. Situated in a rapidly evolving Inland Empire market, this site is just minutes from freeways (60/215), major retailers (Costco, Sam’s Club, Walmart), and Towngate Square, providing strong demand and convenience for future residents. The broader Moreno Valley area is fully embracing higher-density zoning under General Plan 2040, including R2–R10 and mixed-use corridors—supporting multifamily growth and pro-housing initiatives. Key features: • Lot Size: 6,534?sq ft on a flat • Zoning: R2 — allows up to 2 DUs per acre; substantial flexibility for creative building programs. Buyer to confirm with City/County • Corner Lot: Offers dual-street frontage, ideal for visibility and design. • Development Upside: Attractive opportunity for small-scale multifamily, duplex/R2 development, ADUs, or possible live/work. • Location: Quick access to freeway infrastructure, retail, schools, and services—positioning for strong rental/resale demand. Whether you're seeking a development-ready lot or a longer-term holding strategy within Moreno Valley’s growth trajectory, this corner parcel provides strategic value backed by city-friendly policies and robust local fundamentals.