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  • MLS#: PW25265393 ( Quadruplex )
  • Street Address: 15394 Perris Boulevard
  • Viewed: 2
  • Price: $1,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1979
  • Bldg sqft: 0
  • Days On Market: 5
  • Additional Information
  • County: RIVERSIDE
  • City: Moreno Valley
  • Zipcode: 92551
  • Provided by: The Realty Co
  • Contact: Adrian Adrian
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 3484.00
Carport Spaces
  1. 5.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 1800.00
Entry Location
  1. East/West
Fireplace Features
  1. Patio
Fuel Expense
  1. 1800.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 2400.00
Insurance Expense
  1. 3996.00
Interior Features
  1. Balcony
Laundry Features
  1. Common Area
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Front Yard
  2. Garden
  3. Lot 6500-9999
  4. Rectangular Lot
Netoperatingincome
  1. 76668.00
Newtaxesexpense
  1. 13560.00
Parcel Number
  1. 486091001
Parking Features
  1. Detached Carport
Pest Control Expense
  1. 960.00
Pool Features
  1. None
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 452515878:CRM
Totalactualrent
  1. 7603.00
Totalexpenses
  1. 14568.00
Trash Expense
  1. 1812.00
Uncovered Spaces
  1. 0.00
Water Sewer Expense
  1. 1800.00
Water Source
  1. Public
Year Built
  1. 1979
Year Built Source
  1. Assessor