$1,037,500
SOLD AUG 11, 2025
2 Beds
2 Baths
4,221 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$246 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • Double Door Entry
  • Property is near public transit
  • No HOA
  • 3-minute walk to Adrienne Mitchell Memorial Park

About This Home

As of August 2025

Excellent investment opportunity in the heart of Moreno Valley. This well-maintained Fourplex features, 4 spacious units, each offering two bedrooms, 2 bathrooms, full kitchen, fenced yard and private laundry. Located near major shopping centers and within walking distance to public transportation, the property is ideally situated for tenant convenience.

Each unit includes access to garage parking and enjoys a shared front common area with a nicely manicured lawn. The property is in great condition with long-term tenants in place who pay on time, providing consistent rental income.

There is also potential for rental increases, offering upside for investors looking to maximize returns. This is a turnkey, low-maintenance asset in a strong rental market—ideal for both new and experienced investors.

Don’t miss this rare opportunity to acquire a solid multifamily property in a desirable Marina Valley location.

Last Agent to Sell the Property

Crystal Bauer

eXp Realty of California, Inc. License #02099002 Listed on: 06/30/2025

eXp Realty of California, Inc.

Last Buyer's Agent

DAISY DE LA PARRA

HAUS OF REAL ESTATE License #02028188

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,093

Year Built

  • Built in 1966

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Traditional Architecture
  • Quadruplex
  • Turnkey
  • Slab Foundation
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 4,221 Sq Ft Home
  • 2-Story Property
  • Low Emissivity Windows
  • Double Door Entry
  • Laundry Room

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 220 Volts

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 3016
  • Assessor Parcel Number 291282005
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Dog Park

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $4,000
  • Maintenance Expense $7,800
  • Other Expense $144
  • Trash Expense $2,325
  • Water Sewer Expense $1,560
  • Operating Expense $20,000
  • Gross Income $60,000
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,093

Year Built

Built in 1966

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 268750
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1560.00
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 291282005
  • Year Built: 1966
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 2
  • Entry Location: Front of Propert
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 245.79
  • Room Type: Kitchen, Primary Bathroom, Primary Bedroom
  • Window Features: Low Emissivity Windows

Exterior Features

  • Foundation: Slab
  • Other Structures: Storage
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Tar/Gravel
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range
  • Electric: 220 Volts
  • Heating Type: Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2325.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Near Public Transit
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700
  • Latitude Manual: 33.91873000

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 7800.00
  • Net Operating Income: 40000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Operating Expense: 20000.00
  • Other Expense: 144.00
  • Other Expense Description: insdpeci
  • Rent Control: Yes
  • Total Expenses: 20000.00

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 3016
  • Tax Annual Amount: 4093.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2019
Sold by
Courage Street Trust
Bought by
Churchill Beverly

Purchase Details

Closed on
Nov 19, 2010
Sold by
Gonzales Jose A and Gonzales Hilda
Bought by
Courage Street Trust

Purchase Details

Closed on
Aug 15, 2007
Sold by
Gonzales Jose A and Gonzales Hilda
Bought by
Gonzales Jose A and Gonzales Hilda
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Sold $1,037,500 -3.5% $246 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $1,075,000 +3.6% $255 / Sq Ft
06/30/2025 06/30/25 Off Market $1,037,500 -- --
06/30/2025 06/30/25 For Sale $1,075,000 -- $255 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,093 $243,903 $67,905 $175,998
2023 $4,093 $234,434 $65,269 $169,165
2022 $3,727 $229,839 $63,990 $165,849
2021 $3,677 $225,334 $62,736 $162,598
2020 $3,649 $223,024 $62,093 $160,931
2019 $3,606 $218,648 $60,874 $157,774
2018 $3,412 $214,362 $59,681 $154,681
2017 $3,212 $210,160 $58,511 $151,649
2016 $3,188 $206,040 $57,364 $148,676
2015 $3,152 $202,947 $56,503 $146,444
2014 $2,987 $198,974 $55,398 $143,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25146306

California Regional Multiple Listing Service (CRMLS)

APN: 291-282-005