Moreno Valley, CA 92551 15394 Perris Boulevard

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Presented By: John Sturdevant with Regency Real Estate Brokers; 949-584-5619
  • MLS# OC24068628
  • 04/07/2024
  • Request Tour
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  • Beds • 8
  • Baths • 4
  • SQFT • 3,542
  • Garage • 1

Home Details

Please do not disturb occupants. Quadruplex with 4 spacious 2 bedroom 1 bathroom units in high demand rental area. Each unit has central air and heat, 1 carport per unit off the street behind the building plus there are a 2 guest parking spaces. The interiors were all upgraded about 10 years ago. Building has a community laundry room that tenants use with leased laundry equipment with costs that landlord has at a breakeven with the laundry income. 5 electric meters, 5 gas meters, 1 water meter. Tenants pay their own electric and gas and landlord pays water and trash pickup. Quiet tenants and rents are paid. Good income and cap rate.
Presented By: John Sturdevant with Regency Real Estate Brokers; 949-584-5619

Interior Features for 15394 Perris Boulevard

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Laundry FeaturesCommonArea, LaundryRoom
Street SuffixBoulevard
Total Stories2

Other Rooms

Entry Level1

General for 15394 Perris Boulevard

AccessibilityNoStairs
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricRange, Disposal
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.84
Carport Spaces4.0
Carport Y/NYes
CityMoreno Valley
Community FeaturesStreetLights, Sidewalks, Park
CoolingCentralAir, Electric
CountyRiverside
Days on Market1
DirectionsEast side of Perris Blvd., South of John F. Kenndy Dr., North of Iris Ave.
DisclosuresPrincipalisRealEstateLicensed
ElectricElectricityOnProperty, Item220VoltsinKitchen
Electric Expense600.0
Entry LocationGround
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral, ForcedAir, NaturalGas
Home Warranty Y/NNo
Insurance Expense2400.0
Interior FeaturesBalcony
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet6970.0
MLS Area259 - Moreno Valley
MaintenanceExpense2400.0
MobileHomeRemainsYNNo
Net Operating Income55700.0
New ConstructionNo
Number of Units Leased4
Open Parking Spaces2.0
Operating Expense28300.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofFlat, Tile
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NamePerris
Tax Lot18
Tax Year2023
Taxes$12,621
Tenant PaysCableTV, Electricity, Gas
Total Actual Rent84000.0
Total Units4
Trash Expense2400.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense2760.0
Waterfront Y/NNo
Year Built1979
Year Built SourceAssessor
ZoningR3

Exterior for 15394 Perris Boulevard

Building Area Total3542.0
Crops Included Y/NNo
FencingChainLink
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, NearPark, NearPublicTransit, RectangularLot, StreetLevel
Lot Size Acres0.16
Lot Size Area6970.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Other EquipmentSatelliteDish
Parking FeaturesAssigned, Asphalt, Carport, DetachedCarport
Pool Charge0.0
SpaNo
Total Parking6.0
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $1,150,000
MLS#OC24068628
List Date 04/07/2024
Property Type Multi-Family
Phone 310.658.1749
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