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  4. 22869 Adrienne Avenue, Moreno Valley, CA 92553
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22869 Adrienne Avenue
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  • MLS#: PW24239554 ( Apartment )
  • Street Address: 22869 Adrienne Avenue
  • Viewed: 9
  • Price: $2,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1971
  • Bldg sqft: 0
  • Days On Market: 72
  • Additional Information
  • County: RIVERSIDE
  • City: Moreno Valley
  • Zipcode: 92553
  • Provided by: Citivest Realty Services, Inc
  • Contact: Michael Michael
  • DMCA Notice
  • Description
    22869 22877 Adrienne Ave. Well maintained 12 units with center courtyard. Located in great rental area. Always rented and always full. Excellent unix mix of one, two, and three bedrooms. 4.89% cap rate on existing rents. Gated parking in the rear of the property. Seller increasing rents to bring 2025 income to $147,092 and cap rate to 5.2%. One 3 bedroom unit rented to the on site manager at a reduced rate. Proforma income of $156,692 could be obtained by self managing property. Close to Cottonwood Golf Center, 99 Cents Store, TJ Maxx, BJ's Restaurant, Chili Grill, Ross, Banks and Moreno Valley Mall.
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Features
Additional Parcels Description
  1. 291-294-008
Appliances
  1. Disposal
  2. Gas Oven
  3. Gas Range
  4. Gas Cooktop
  5. Gas Water Heater
  6. Water Heater
Building Area Total
  1. 10000.00
Carport Spaces
  1. 12.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 1 Common Wall
Construction Materials
  1. Stucco
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 42
Electric
  1. Electricity - On Property
Entry Location
  1. Ground
Exclusions
  1. All tenant personal items.
Fireplace Features
  1. None
Flooring
  1. Carpet
Garage Spaces
  1. 0.00
Have
  1. 12 units with center courtyard
Heating
  1. Wall Furnace
Insurance Expense
  1. 0.00
Laundry Features
  1. Community
Laundry Income
  1. 5492.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 11-15 Units/Acre
Netoperatingincome
  1. 109118.00
Number Of Separate Electric Meters
  1. 12
Number Of Separate Gas Meters
  1. 12
Number Wallac
  1. 12
Number With Carpet
  1. 12
Number With Disposal
  1. 12
Parcel Number
  1. 291294007
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Sewer Paid
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 427812347:CRM
Tenant Pays
  1. Electricity
  2. Gas
  3. Telephone
Totalactualrent
  1. 11220.00
Totalexpenses
  1. 35033.00
Trash Expense
  1. 0.00
Vacancyallowance
  1. 2941
View
  1. Neighborhood
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1971
Year Built Source
  1. Assessor
Zoning
  1. R3
Equal Housing Opportunity

Based on information from California Regional Multiple Listing Service, Inc. as of Feb 05, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on February 5, 2025 @ 12:00 am
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