Moreno Valley, CA 92553,22869 Adrienne Avenue
See all 3 photos
Moreno Valley, CA 92553,22869 Adrienne Avenue
Moreno Valley, CA 92553,22869 Adrienne Avenue
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
26
Dec
Fri
27
Dec
Sat
28
Dec
Listed by Michael Lembeck • Citivest Realty Services, Inc
$ 2,100,000
Est. payment /mo
Save
Active

22869 Adrienne Avenue Moreno Valley, CA 92553

10,000 SqFt


UPDATED:

12/18/2024 02:47 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $210

MLS Listing ID CRPW24239554

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1971

Lot Size 0.320 Acres

Property 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. Close to Cottonwood Golf Center, 99 Cents Store, TJ Maxx, BJ's Restaurant, Chili Grill, Ross, Banks and Moreno Valley Mall.

Location

State CA

County Riverside

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet

Fireplace No

Appliance Gas Water Heater

Laundry Community Facility

Exterior

View Other

Building

Water Public


Bay East AOR and Contra Costa AOR
agent

Ikenna Ezeude

Broker Associate | License ID: 01777165 | NMLS ID: 877333

+1(510) 928-3541

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

22869 Adrienne Avenue