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Investor Special Rental Property with On-Time Paying Tenants! This well-maintained 3-bedroom, 2-bath condo is a fantastic opportunity located in the desirable city of Moreno Valley. Perfect for seasoned investors or first-time buyers looking to generate passive income, this property already comes with reliable tenants in place, providing immediate cash flow from day one. This single-level unit features a smart, functional layout that includes a spacious living room, dedicated dining area, and a private patioideal for outdoor dining, relaxing, or small gatherings. Inside, you'll find in-unit laundry hookups for convenience, a 2-car garage for secure parking or storage, and an additional assigned parking space for guests or residents with multiple vehicles. The home offers long-term potential with its solid structure and low-maintenance design. Sold as-is, it provides a hassle-free investment opportunity with no immediate renovation required. It's clean, well-kept, and ready to continue performing as a solid income-generating property. The HOA covers landscaping maintenance, helping to keep the exterior looking sharp year-round with minimal effort from the owner. Community features include peaceful greenbelt areas and convenient guest parking. Ideally located within walking distance to local shopping centers, restaurants, and essential services, and just minutes from the 60 freeway, this property offers the perfect balance of comfort and convenience. Whether you're expanding your portfolio or looking for a stable rental property in a growing area, this condo delivers long-term value in one of Moreno Valley's established communities.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 7/9/2025 | Year Built | 1975 |
|---|---|---|---|
| Community | 259 - Moreno Valley | County | Riverside |
Additional Details
| APPLIANCES | Dishwasher, Dryer |
|---|---|
| AREA | 259 - Moreno Valley |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 475|Monthly |
| LOT | 0 |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| VIEW DESCRIPTION | None |
Location
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Listed with eXp Realty of California Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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