22869 Adrienne Avenue

Moreno Valley, CA 92553

  • 0 Bed(s)
  • 0 Bath(s)
  • 10,000 Sqft
  • 13940
    Sqft(Lot)
$2,100,000

Description

22869-22877 adrienne ave. well maintained 12 units with center courtyard. located in great rental area. always rented and always full. excellent unix mix of one, two, and three bedrooms. 4.89% cap rate on existing rents. gated parking in the rear of the property. seller increasing rents to bring 2025 income to $147,092 and cap rate to 5.2%. one 3 bedroom unit rented to the on-site manager at a reduced rate. proforma income of $156,692 could be obtained by self-managing property.

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    47860985

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Sewer Tap Paid

    Interior Features

    • Property Appliances: Gas Cooktop,Disposal,Gas Oven,Gas Range,Gas Water Heater,Water Heater
    • Fireplace: None
    • Flooring: Carpet

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1971
    • Building Area Total: 10,000
    • Construction: Stucco

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.32
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 13940

  • Listing Price Information

    • Original List Price: 2,100,000
    • Listing Contract Date: 2024-11-25

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 291294007

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas,Telephone

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 259 - Moreno Valley
    • Directions: Cross Streets: Alessandro Blvd. and Fredericks St.
    • Zoning: R3
    • Source Property Type: Residential Income
    • Area: 259 - Moreno Valley
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 53
    • Common Walls: 1 Common Wall
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Ground
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/04/2024 @ 03:52

  • MLS: PW24239554
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 10,000 sqft, 13,940 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Moreno Valley , in zip code 92553, this Riverside County Home are nearby neighborhoods.