$699,500
About this home
NEW LOWER PRICE! Pride of ownership triplex on a large lot in growing area of Moreno Valley. New Sprouts, Starbucks and more just opened a block away. Triplex consists of a 2 bed, 1 bath front house, and two 1 bed, 1 bath units in the back. Potential for detached garage to be converted into a 4th unit. All units have their own garage. New roof installed in 2023. Property has long-term, reliable tenants that are all month to month. Unit #82 could be available for owner-user to move in. Rents are below market and provide an opportunity for an investor to increase rents or for someone to move into one of the units and make rental income off of the other units to offset the mortgage. Plenty of space for parking or even adding an additional unit. Property has been well maintained by property owner. Great location north of the 60 freeway. Short distance to Riverside, Ontario, Palm Springs, etc. Other recent upgrades include: Mini splits for back units in 2022, exterior of the house was painted back in 2020, interiors were painted within the last 5 years, new roof in 2023, new front house water heater in 2021, new wood fence along back of property, separating backyards in 2023. Buyer to complete their own due diligence.
Facts & features
- Heating
- Central
- Laundry
- In Garage
- Levels
- One
- Lot size
- 0.45 acres (19,602 sq ft)
- Pool
- None
- Year built
- 1949
- Parking spaces
- 3
- Area
- 259 - Moreno Valley
- County
- Riverside
- Community features
- Sidewalks
- Status
- Active
- Property type
- Triplex
- Days on market
- 34
- Listed
- 2026-06-01
- Original price
- $729,500
- Terms
- Cash, Conventional, Exchange 1031, FHA, Submit, Va Loan
- Parcel #
- 475280017
- MLS #
- IG26118184
