Thank you
John Sturdevant
Regency Real Estate Brokers
949-707-4400
Please do not disturb occupants. Quadruplex with 4 spacious 2 bedroom 1 bathroom units in high demand rental area. Each unit has central air and heat, 1 carport per unit off the street behind the building plus there are a 2 guest parking spaces. The interiors were all upgraded about 10 years ago. Building has a community laundry room that tenants use with leased laundry equipment with costs that landlord has at a breakeven with the laundry income. 5 electric meters, 5 gas meters, 1 water meter. Tenants pay their own electric and gas and landlord pays water and trash pickup. Quiet tenants and rents are paid. Good income and cap rate.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1065345549 | 1 | 2 | 1 | 0 |
2 | 1065345549 | 1 | 2 | 1 | 0 |
3 | 1065345549 | 1 | 2 | 1 | 0 |
4 | 1065345549 | 1 | 2 | 1 | 0 |
Water Source : Public
Sewer : Public Sewer
Roof : Flat,Tile
Interior Features: Balcony
Property Appliances: Dishwasher,Electric Range,Disposal
Fireplace: None
Flooring: Laminate
Central Air,Electric
Air Conditioning
Central,Forced Air,Natural Gas
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1979
Building Area Total: 3,542
Roof: Flat,Tile
Slab
Carbon Monoxide Detector(s),Smoke Detector(s)
No Stairs
None
Common Area,Laundry Room
Chain Link
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.16
Lot Size Source: Assessor
Lot Size Square Feet: 6970
Original List Price: 1,150,000
Listing Contract Date: 2024-04-07
Listing Agreement: Exclusive Right To Sell
Parcel Number: 486091001
Tax Year: 2023
Garage Description: Assigned,Asphalt,Carport,Detached Carport
Lease Term: Negotiable
Tenant Pays: Cable TV,Electricity,Gas
Source Listing Status: Active
Source Neighborhood: 259 - Moreno Valley
Postal Code Plus 4: 4562
Directions: East side of Perris Blvd., South of John F. Kenndy Dr., North of Iris Ave.
Zoning: R3
Source Property Type: Residential Income
Area: 259 - Moreno Valley
Property SubType: Quadruplex
Property Age: 45
Common Walls: 2+ Common Walls
Structure Type: Quadruplex
Year Built Source: Assessor
Entry Level: 1
Entry Location: Ground
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
16315 Via Ultimo, Moreno Valley, CA,92551 | $549,000 | 3 | 2 | 1,926 | 5227 Sqft |
17709 Camino San Simeon, Moreno Valley, CA,92551 | $589,999 | 4 | 2 | 2,541 | 4792 Sqft |
15590 Lucia Lane, Moreno Valley, CA,92551 | $710,000 | 5 | 4 | 3,732 | 6534 Sqft |
25192 Harmony Lane, Moreno Valley, CA,92551 | $527,800 | 4 | 2 | 2,035 | 2479 Sqft |
16135 Palomino Lane, Moreno Valley, CA,92551 | $636,000 | 4 | 2 | 2,572 | 8712 Sqft |
17778 Camino San Simeon, Moreno Valley, CA,92551 | $599,000 | 4 | 2 | 2,541 | 7841 Sqft |
25350 Santiago Drive #147, Moreno Valley, CA,92551 | $180,000 | 3 | 2 | 1,568 | -- |
16053 Botanical Street, Moreno Valley, CA,92551 | $506,990 | 4 | 2 | 1,857 | 2211 Sqft |
15617 Raptor Road, Moreno Valley, CA,92551 | $639,500 | 4 | 3 | 2,370 | 5728 Sqft |
25350 Santiago Dr #151, Moreno Valley, CA,92551 | $198,500 | 2 | 2 | 1,144 | -- |
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ByOwner last updated this listing 05/07/2024 @ 21:44
MLS: OC24068628
LISTED BY: John Sturdevant, Regency Real Estate Brokers
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.