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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.
Property Type(s):
Residential Income
| Last Updated | 2/17/2026 | Year Built | 1979 |
|---|---|---|---|
| Community | 259 - Moreno Valley | Garage Spaces | 5.0 |
| County | Riverside |
Additional Details
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 259 - Moreno Valley |
| EXTERIOR | Balcony, Garden |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Ductless |
| LOT | 6970 sq ft |
| LOT DESCRIPTION | Front Yard, Garden, Rectangular Lot |
| LOT DIMENSIONS | 6970 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with The Realty Co
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