15394 Perris BLVD new Save Request In-Person Tour Request Virtual Tour
Moreno Valley,CA 92551
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