Moreno Valley, CA 92553,22869 Adrienne Avenue
Moreno Valley, CA 92553,22869 Adrienne Avenue
Moreno Valley, CA 92553,22869 Adrienne Avenue
3
See all 3 photos
Listed by Michael Lembeck • Citivest Realty Services, Inc
$2,100,000
Est. payment /mo
Save
10,000 SqFt
Active

22869 Adrienne Avenue Moreno Valley, CA 92553

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
23
Dec
Tue
24
Dec
Wed
25
Dec

UPDATED:

12/17/2024 09:18 PM

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $210

MLS Listing ID PW-24239554

Year Built 1971

Lot Size 0.320 Acres

Property 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.

Location

State CA

County Riverside

Zoning R3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet

Fireplaces Type None

Laundry Community

Exterior

Parking Features Gated

Pool None

Community Features Biking, Curbs, Gutters, Sidewalks, Suburban

View Y/N Yes

Building

Lot Description 11-15 Units/Acre

Sewer Sewer Paid


GET MORE INFORMATION

Ryan Mills

REALTOR® | License ID: 01434392

+1(805) 491-4611

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

22869 Adrienne Avenue