NOT LISTED FOR SALE

15426 Perris Blvd Unit 4 Moreno Valley, CA 92551

Armada Neighborhood

Estimated Value: $999,000 - $1,437,000

8 Beds
4 Baths
3,400 Sq Ft
$345/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2020

Last sale price $755,000 $222 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,253 / mo

4 Days on Market

Highlights

  • View of Hills
  • No HOA
  • Laundry Room
  • Lawn
  • Balcony
  • Accessible Parking

About This Home

As of March 2020

Investor Alert! Automatic Cash Flow! This 4 plex is turnkey. All rented at current market rents. All 2 bedroom 1 bath units. Brand new vinyl windows in the entire building just installed. Fresh exterior paint. Roof is 8 years old. All units have great tenants that take great care of their space. There's a laundry room for more potential profit. Fully fenced with basic easy to maintain landscaping. There is 4 covered parking spots and 3 additional uncovered. Upstairs units have balconies and lower units have a patio. Close to all the major wherehousing jobs in Moreno Valley and Perris!

Last Agent to Sell the Property

Lee Medlin

Medlin Realty Group License #00998908 Listed on: 03/02/2020

Last Buyer's Agent

Ashley Diaz

MAINSTREET REALTORS License #01774201

MAINSTREET REALTORS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Landscaped
  • Lawn

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Slab Foundation
  • Tar and Gravel Roof
  • Copper Plumbing

Interior Spaces

  • 3,400 Sq Ft Home
  • ENERGY STAR Qualified Windows
  • Blinds
  • Views of Hills
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Carport Spaces

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Accessible Parking
  • Central Heating

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2995
  • Assessor Parcel Number 486091004

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $285
  • Insurance Expense $1,200
  • Trash Expense $1,566
  • Water Sewer Expense $2,824
  • New Taxes Expense $7,500
  • Operating Expense $13,375
  • Gross Income $62,400
  • Net Operating Income $49,025

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

6,534 Sq Ft Lot

Listing Details

  • CapRate: 5.44
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 2824.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 486091004
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Interior Amenities: Balcony, Copper Plumbing Full
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 222.06
  • Window Features: Blinds, ENERGY STAR Qualified Windows

Exterior Features

  • Foundation: Slab
  • View: Hills
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Flat, Tar/Gravel

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1566.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 285.00
  • Gross Income: 62400.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 49025.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 13375.00
  • Rent Control: No
  • Total Actual Rent: 5200.00
  • Total Expenses: 13375.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Census Tract: 489.02
  • Tax Lot: 15
  • Tax Tract Number: 2995

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Mar 13, 2020
Sold by
Bought by
Seller's Agent
Lee Medlin
Medlin Realty Group
Buyer's Agent
Ashley Diaz
MAINSTREET REALTORS
List Price
$750,000
Sold Price
$755,000
Premium/Discount to List
$5,000
0.67%
Current Estimated Value
$1,171,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,616
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
May 6, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
4.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
4.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 13, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 9, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 15, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 15, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,000
Interest Rate
7.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 2, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Armada, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$755,000 Fidelity National Title Ins
-- None Available
$160,000 First American Title Company
$158,440 None Available
-- Chicago Title
$435,000 Chicago Title
-- --
-- --
$820,000 First American Title Co
$111,000 First American Title Ins Co
$91,800 United Title Company
$80,000 First American Title Ins Co
$73,000 Stewart Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $322,000
Previous Owner $101,000
Previous Owner $375,000
Previous Owner $277,000
Previous Owner $260,000
Previous Owner $614,000
Previous Owner $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/25/2020 03/25/20 Sold $755,000 +0.7% $222 / Sq Ft
03/02/2020 03/02/20 For Sale $750,000 -- $221 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,755 $842,210 $139,437 $702,773
2025 $9,448 $825,697 $136,703 $688,994
2023 $9,448 $793,637 $131,396 $662,241
2022 $9,088 $778,076 $128,820 $649,256
2021 $8,927 $762,821 $126,295 $636,526
2020 $3,142 $244,827 $51,539 $193,288
2019 $3,095 $240,028 $50,529 $189,499
2018 $3,040 $235,323 $49,540 $185,783
2017 $2,979 $230,710 $48,569 $182,141
2016 $2,952 $226,187 $47,617 $178,570
2015 $2,913 $222,791 $46,902 $175,889
2014 $2,731 $218,429 $45,984 $172,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20040644

California Regional Multiple Listing Service (CRMLS)

APN: 486-091-004

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