$1,200,000

15394 Perris Boulevard, Moreno Valley, CA 92551

  • 8 beds
  • 3,484 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $344/sqft
  • Property List Date Icon Listed 11 days ago

Property 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.

Listing Status:
Active
Date Added:
November 24, 2025 at 06:00AM
Listing Office:
The Realty Co : 562-269-3838
Listing Agent:
Adrian Villalobos : 562-536-9270
MLS ID:
CRPW25265393
  • Laundry: Common Area
  • General: Front YardGarden
  • Parking: Other
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • County: Riverside
  • Zoning: 486091001
  • Source: CRMLS

This listing courtesy of Adrian Villalobos, The Realty Co

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Armada Elementary School

25201 John F Kennedy Dr, Moreno Valley, CA, 92551

Grades KG-5

0.38 miles away

B

Badger Springs Middle School

24750 Delphinium Ave, Moreno Valley, CA, 92553

Grades 6-8

0.78 miles away

B

Bayside Community Day

24501 Cactus Ave, Moreno Valley, CA, 92553

Grades 9-12

0.93 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.