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22936 Allies Plz
Moreno Valley, CA 92553

Multifamily Property For Sale · 4 Units

Executive Summary

Recently remodeled apartment building, presently 4 units with 5 enclosed detached garages. it could be converted into a 5 unit apartment building. all gated, double pane windows, front unit is like a one story house with a fireplace, Roof has been replaced in 2019. great potential for rent increases, long term tenants. At this moment , landlord pays for water and trash and a common gas water heater.

PROPERTY FACTS

Price Per Unit $298,750
Sale Type Investment
Cap Rate 4.89%
Gross Rent Multiplier 16.36
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.16 AC
Building Size 6,960 SF
Average Occupancy 100%
No. Stories 2
Year Built 1965

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 2 $1,538 900 - 1,000
3+2.5 1 $1,550 1,100
2+1 1 $1,460 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
291-283-022
Land Assessment
$112,580
Improvements Assessment
$423,519
Total Assessment
$536,099

zoning

Zoning Code R3
R3
  • Listing ID: 33748951

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 22936 Allies Plz, Moreno Valley, CA 92553

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