26287 Iris Ave Unit E Moreno Valley, CA 92555
Victoriano NeighborhoodEstimated payment $10,835/month
Highlights
- Community Lake
- Community Pool
- Community Playground
- Rancho Verde High School Rated A-
- Outdoor Cooking Area
- Park
About This Home
Do not Disturb Tenants!! Rare opportunity to own four individual condominiums built between 2006-2007, offered together as a unique portfolio. Each condominium has 3 bedrooms with open floorplans, in-unit laundry, HOA Amenities, Central Air/Heat, & two-car garages. The newer construction offers updated systems & energy-efficient features. All properties are in gated communities. 5.01% Cap Rate, 12.62 GRM, $271/sqft. Perfect for investors looking for newer construction, cash-flow, & potential to sell units individually in the future. See attached OM for additional information. See showing remarks for links to virtual tours of all units! -- 26287 Iris Ave #E (APN: 308612036)
-- 26335 Iris Ave #D (APN: 308612065)
-- 26279 Iris Ave #E (APN: 308612005)
-- 15611 Lasselle St #21 (APN: 486561023)
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-420-2541 License #01993341 Listed on: 09/24/2025
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-420-2541 License #02035763
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,216
Year Built
- Built in 2006
Lot Details
- Two or More Common Walls
- 308612065,308612005,486561023
HOA Fees
Parking
- 10 Car Garage
- Parking Available
Home Design
- Entry on the 1st floor
Interior Spaces
- 7,830 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 32144
- Assessor Parcel Number 308612036
- $25,500 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 4 Units
- Community Lake
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
- Recreation Room
Recreation
- Community Playground
- Community Pool
- Park
Pet Policy
- Pets Allowed with Restrictions
Building Details
- 5 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $4,985
- Operating Expense $49,565
- Gross Income $134,832
- Net Operating Income $81,222
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,216 | $130,616 | $37,675 | $92,941 |
| 2023 | $2,216 | $125,546 | $36,213 | $89,333 |
| 2022 | $2,187 | $123,085 | $35,503 | $87,582 |
| 2021 | $2,132 | $120,672 | $34,807 | $85,865 |
| 2020 | $2,086 | $119,436 | $34,451 | $84,985 |
| 2019 | $2,021 | $117,095 | $33,776 | $83,319 |
| 2018 | $1,982 | $114,800 | $33,114 | $81,686 |
| 2017 | $1,934 | $112,550 | $32,465 | $80,085 |
| 2016 | $2,675 | $180,000 | $30,000 | $150,000 |
| 2015 | $1,882 | $108,687 | $31,351 | $77,336 |
| 2014 | $1,847 | $106,560 | $30,738 | $75,822 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/25/2025 11/25/25 | For Sale | $419,000 | -74.1% | $271 / Sq Ft | |
| 11/17/2025 11/17/25 | Price Changed | $1,620,000 | -23.8% | $207 / Sq Ft | |
| 09/24/2025 09/24/25 | For Sale | $2,125,000 | +1943.3% | $271 / Sq Ft | |
| 06/19/2012 06/19/12 | Sold | $104,000 | +5.1% | $67 / Sq Ft | View Prior Sale |
| 05/25/2012 05/25/12 | For Sale | $99,000 | 0.0% | $64 / Sq Ft | |
| 05/11/2012 05/11/12 | Pending | -- | -- | -- | |
| 05/01/2012 05/01/12 | For Sale | $99,000 | 0.0% | $64 / Sq Ft | |
| 04/27/2012 04/27/12 | Pending | -- | -- | -- | |
| 04/17/2012 04/17/12 | For Sale | $99,000 | -- | $64 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | $104,000 | Stewart Title Of California | |
| Trustee Deed | $86,805 | Landsafe Title | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $332,500 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $265,650 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25223169
APN: 308-612-036
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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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