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15394 Perris

moreno valley, CA 92551

$1,130,000

    Interested? Let's Connect

    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.

    Details

    3,484 Sq Ft

    6,970 Sq Ft Lot Size

    investment

    Built in 1979

    MLS/Listing ID PW26034855

    2 Stories

    4 Units

    Amenities & Features

    Heating - Ductless

    Balcony

    Common Area

    Lot - Front Yard

    Lot - Garden

    Lot - Rectangular Lot

    Community - Street Lights

    Community - Suburban

    Community - Sidewalks

    Cooling - Ductless

    Outside Fireplace

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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