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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,200,000

Est. payment - /mo

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25265393

HOA Y/N No

Year Built 1979

Property Sub-Type Quadruplex

Property Description

Well-maintained four-unit multifamily property located in a strong rental area of Moreno Valley. All four units are 2-bedroom, 1-bath layouts and the property is fully occupied with stable tenants and a favorable utility structure.

Unit 1: $2,000/month – Lease through 5/2026
Unit 2: $1,803/month – Month-to-month
Unit 3: $1,900/month – Month-to-month
Unit 4: $1,900/month – Month-to-month

Gross Scheduled Income: $91,236 annually

- Each unit has its own electric and gas meter; tenants pay their own usage
- Fifth electric meter services common-area lighting
- Fifth gas meter services shared water heater (owner pays)
- One water meter – water paid by owner
- Average monthly owner utilities: approx. $450
- Gardener: $200/month
- Trash: $151/month
- Pest control: $80/month
Insurance: $333/month

Tax Rate 1.13%

Annual Operating Expenses: $14,568

Property offers stable tenancy with potential for rent adjustments on the three month-to-month units. Convenient location near shopping, transportation, and community amenities. A solid opportunity for buyers seeking a well-performing multifamily investment.

Location

State CA

County Riverside

Area 259 - Moreno Valley

Interior

Interior Features Balcony

Fireplaces Type Outside

Fireplace Yes

Laundry Common Area

Exterior

Parking Features Detached Carport

Carport Spaces 5

Pool None

Community Features Street Lights, Suburban, Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description Front Yard, Garden, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 486091001

Energy Description 1800.0

Acceptable Financing Cash, Cash to Existing Loan, Conventional

Listing Terms Cash, Cash to Existing Loan, Conventional

Special Listing Condition Standard

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Listed by Adrian Villalobos The Realty Co 562-536-9270

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15394 Perris BLVD Moreno Valley, CA 92551