15394 Perris BLVD new Save Request In-Person Tour Request Virtual Tour
Moreno Valley,CA 92551
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25265393
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
Fireplaces Type Outside
Laundry Common Area
Exterior
Parking Features Detached Carport
Pool None
Community Features Street Lights,Suburban,Sidewalks
Building
Lot Description Front Yard,Garden,Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to Existing Loan,Conventional
Listing Terms Cash,Cash to Existing Loan,Conventional
Special Listing Condition Standard