- For Sale $10,850,000
- Property Type Multi-Family
- Property Size 29,669 SF
- Units 62
- Lot Size 1.36 Acre
- Year Built 2009
- Year Renovated 2020
- Date Updated Aug 12, 2026
Description
Located just to the South of Highway 60, the Property is located near significant retail establishments and to the immediate east of the Pigeon Pass and Sunnymead intersection.POTENTIAL TAX CREDITS - OWNED FOR MORE THAN 10 YEARS BY SELLER - Zoning allows Assisted Living/Convalescent as well as Permanent Housing
Currently an operating La Quinta Inn, the property is a Potential Conversion of the Existing Hotel to Permanent Housing or Assisted Living/Convalescent Housing
per the City of Moreno Valley Planning Department
Built in 2009 and situated on an approximate 1.36-acre concrete lot, the Property is comprised of 62 rooms and is three-story, with Interior Corridors. The Building is approximately 29669 square feet of construction with Concrete Parking
Highlights
- 10-Year Ownership Tax Credit Potential!
- Amenities include Kitchen, Dining Area, Indoor Pool, 11 Suites, Lobby Area, Meeting Room (approximately 750 Square Feet), and Gymnasium
- Proper Zoning for Conversion to Permanent Housing/Assisted Living/Convalescent
- Seller Familiar with the Conversion Process!
- Well-Maintained and Located Property Built in 2009
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Contacts
Luis Vazquez
Sperry Commercial
Location
Contact Listing Broker
Luis Vazquez
Sperry Commercial
