18
See all 18 photos
$1,200,000
Est. payment /mo
8 Beds
6,969 Sqft Lot
New
15394 Perris Boulevard Moreno Valley, CA 92551
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25265393
Bedrooms 8
Lot Size 6,969 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Assessor
Direction Turn left to merge onto CA-60 W toward Riverside, Take exit 62 for Perris Blvd, Turn left onto Perris Blvd.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 486091001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Adrian Villalobos The Realty Co
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