|
The investment opportunity you've been waiting for is finally here! Whether you're looking for the perfect house hack, want to live in one unit and rent out the rest, complete a 1031 exchange, or add a turnkey income-producing property to your portfolio, this is an opportunity you don't want to miss. This fully permitted three-unit residential income property has been extensively renovated from top to bottom, allowing the next owner to avoid the expense, delays, and uncertainty of major construction while benefiting from significant improvements already completed. Recent upgrades include updated kitchens and bathrooms, new flooring throughout the main unit, all major appliances replaced within the last three years, a new HVAC system for the main unit, energy-efficient mini-split systems, drought-tolerant landscaping, and private washers and dryers in every unit for added convenience, privacy, and rental appeal. The Sunrun solar system helps offset electricity costs and reduce operating expenses. Featuring approximately 3,061 square feet of living space, the property includes: "¢ Unit 1: 4-bedroom, 2.5-bath main residence (approximately 1,975 SF) "¢ Unit 2: Junior ADU with 1 bedroom, 1 bathroom (approximately 472 SF) "¢ Unit 3: ADU with 2 bedrooms, 1 bathroom (approximately 614 SF) The property is being offered with Units 1 and 3 vacant, providing the new owner with immediate occupancy or lease-up flexibility. Unit 2 is currently occupied on a month-to-month lease, offering immediate rental income while preserving future flexibility. Projected market rents: "¢ Unit 1: $2,900/month "¢ Unit 2: $1,600/month "¢ Unit 3: $1,750/month With approximately $75,000 in projected annual gross rental income, this property offers immediate cash flow potential, long-term appreciation, and multiple income streams with reduced maintenance costs. The pro forma reflects realistic, market-supported rental rates rather than aggressive projections. Ideally located near schools, shopping, restaurants, parks, and freeway access in one of the Inland Empire's fastest-growing rental markets. Whether you're a first-time investor, owner-occupant, or completing a 1031 exchange, this turnkey triplex offers rare value with modern upgrades, fully permitted construction, immediate income potential, and long-term appreciation. Don't miss this rare opportunity!
| Last Updated | 7/24/2026 | Year Built | 1989 |
|---|---|---|---|
| Community | 259 - Moreno Valley | County | Riverside |
Additional Details
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Gas Oven, Gas Range, Microwave, Washer, Water Heater |
| AREA | 259 - Moreno Valley |
| FIREPLACE | Yes |
| HEAT | Central, Wall Furnace |
| INTERIOR | High Ceilings, Recessed Lighting, Walk-In Closet(s) |
| LOT | 7405 sq ft |
| LOT DESCRIPTION | Back Yard, Desert Back, Desert Front, Front Yard, Rectangular Lot |
| LOT DIMENSIONS | 7405 |
| PARKING | Driveway, Paved |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Neighborhood |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
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.
This IDX solution is (c) Diverse Solutions 2026.