NOT LISTED FOR SALE

22537 Adrienne Ave Moreno Valley, CA 92553

Edgemont Neighborhood
2 Beds
1 Bath
3,000 Sq Ft
8,093 Sq Ft Lot

Last Sold November 09, 2012

Last sale price $245,500 $82 Per Sq Ft

188 Days on Market

About This Home

As of November 2012

Great rental income opportunity. Good, long term tenants. Don't miss this chance to own this wonderul investment! Four 2 bedroom, 1 bath units. All have the same layout and all are rented.

Last Agent to Sell the Property

Chris Swartz

Excel Homes License #01306271 Listed on: 03/31/2012

Co-Listed By

Laura Spencer

T.N.G. Real Estate Consultants License #01701977

Last Buyer's Agent

Eloy Nunez

Sunrise Acceptance Corp License #01416231

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 8,093

Parking

  • 4 Car Garage

Home Design

  • 3,000 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • 8,093 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 0.1
  • Tax Tract Number 2556
  • Assessor Parcel Number 291264003

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $100
  • Insurance Expense $600
  • Trash Expense $200
  • Water Sewer Expense $400
  • Gross Income $3,400
  • Net Operating Income $28,844

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 11.75
  • View: No
  • Water Sewer Expenses: 400.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 291264003
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 81.83

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 200.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8093.00
  • Lot Size Acres: 0.1860

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 750
  • Gross Income: 3400.00
  • Gross Multiplier: 7.05
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 600.00
  • Lot Size Area: 8093.0000 Square Feet
  • Net Operating Income: 28844.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 3216.00
  • Total Actual Rent: 3400.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Area: 21007
  • Tax Lot: 0.1
  • Tax Tract Number: 2556

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2012 11/09/12 Sold $245,500 +2.3% $82 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
03/31/2012 03/31/12 For Sale $240,000 -- $80 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Chris Swartz

    Excel Homes

  • Laura Spencer

    Seller Co-Listing Agent in 2012

    Laura Spencer

    T.N.G. Real Estate Consultants

    (714) 420-5534

    69 Total Sales

    Laura Spencer
    Section Image

  • E

    Buyer's Agent in 2012

    Eloy Nunez

    Sunrise Acceptance Corp

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S693127

California Regional Multiple Listing Service (CRMLS)

APN: 291-264-003

California Riverside County Moreno Valley 92553 Edgemont

22537 Adrienne Ave, Moreno Valley, CA

This home is located at 22537 Adrienne Ave, Moreno Valley, CA 92553 since 31 March 2012. This property was built in 1976. 22537 Adrienne Ave is a home located in Riverside County with nearby schools including Edgemont Elementary School, Badger Springs Middle School, and Moreno Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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