Nestled in the heart of Moreno Valley, CA, this unique investment opportunity offers four distinctive 1-bedroom, 1-bathroom units on a generously sized lot. Perfectly positioned for maximum convenience, the property's location provides easy access to shopping centers and top-rated schools, enhancing its appeal for future tenants. Although the units do require repairs and clean-up, envision transforming them into charming residences brimming with character and modern amenities. The expansive lot offers ample parking space or the potential to create inviting outdoor spaces or community gardens that will add charm and functionality to your investment. Ideal for savvy investors seeking a project with substantial upside potential, these units present an incredible chance to capitalize on California's dynamic rental market. Imagine renovating each cottage-like unit into desirable living quarters tailored to attract professionals, young families, or seasonal renters eager to experience all that vibrant Moreno Valley has to offer. Don't miss out on this rare find – seize the opportunity today to craft a lucrative real estate portfolio while contributing positively to a thriving community!
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.
Come and view this amazing income producing property. Consists of 4 Single family residences. Each with their own electrical meter, gas meter and 1 water bill for all units. The potential this property has is limitless. All 4 homes are capable of having each their own ADU along with a Jr. ADU. Zoning permits up to 13 units total. Front home consits of 4 bedroom 2 bath and 3 other homes 3 bed 1 bath.
We are pleased to present Casa Lynnda, a 14 unit multifamily investment opportunity located at 24356 Webster Avenue in the Sunnymead neighborhood of Moreno Valley. The property is ideally situated just south of Sunnymead Boulevard with convenient access to the 60 Freeway via the Heacock Street exit, offering a balance of a quiet residential setting and close proximity to major retail, employment centers, and transportation corridors. Constructed in 1980, Casa Lynnda is a gated, courtyard style apartment community positioned on an expansive approximately 39,640 square foot lot. The property is zoned R2 and features a well designed layout that includes 24 on site parking spaces and a central courtyard that enhances the overall tenant experience. The unit mix consists of ten two bedroom one bathroom units and four one bedroom one bathroom units, providing functional floor plans that appeal to a wide range of renters. The property offers desirable amenities including secured entry, a well maintained courtyard environment, on site laundry, and ample parking, all located on a low traffic street. Residents benefit from close proximity to Moreno Valley Mall, nearby schools, parks, and the region's major employment hubs within the Inland Empire. Casa Lynnda is being offered at a 6% cap rate and a 10.98 gross income multiplier, presenting investors with stable in place income and the opportunity to further enhance returns through continued operational efficiencies and strategic unit upgrades. Moreno Valley continues to experience steady growth supported by its relative affordability, strong freeway connectivity, and access to major logistics and employment centers throughout the Inland Empire. With rental rates remaining accessible relative to local incomes, the market continues to demonstrate consistent tenant demand and long term investment fundamentals.
Discover an exceptional investment opportunity with this fully occupied 4-plex, designated for new or experienced investors or long-term ownership potential. Featuring four identical 2 bed-/1 bath units, separated gas and electric meters and 4 carports. Conveniently located near neighborhood shopping, dining, and commuter routes including 60 and 215 freeway.
GREAT INVESTMENT PROPERTY.!! This duplex is situated in a prime area of Moreno Valley. Great Floor plans one unit 2bd-1bath the other unit 3beds 1 bath whit a large living room area. The Kitchens have eat in areas which overlook outdoor patios. Property has good sized rear yard. Making it a perfect opportunity for a new owner or a savvy investor looking for a great deal, close to all the amenities that you need schools, groceries, dinning , shopping and more. All utilities paid by tenants except water, Don't miss this great opportunity. One unit is vacant, for the other unit do not disturb tenants please call the listing agent. BOTH UNITS ARE VACANT AND READY FOR YOU TO MOVE IN
Four-unit multifamily property located in Moreno Valley. Situated along the Perris Blvd corridor, the property is near neighborhood shopping, dining, schools, parks, and commuter routes including the 60 and 215 freeways. The property consists of four 2-bedroom, 1-bath units and is currently tenant occupied. Separate gas and electric meters help reduce owner utility responsibility and support efficient operations. Suitable for investors seeking rental income, portfolio expansion, or long-term ownership potential. Multi-unit housing remains an important segment of the local market, making this an opportunity to acquire a four-unit income property. Buyer to verify all information independently.
Investor, Developer, or Owner-Occupant Opportunity!!This unique property offers exceptional versatility with two adjoining parcels, presenting excellent potential for expansion, redevelopment, or long-term investment. The remodeled front unit features 3 bedrooms and 2 bathrooms, while the second unit offers 2 bedrooms and 1 bathroom, providing flexible living arrangements or attractive rental income opportunities. Each unit includes its own enclosed one-car garage and laundry hook-ups, adding convenience and additional storage. With its flexible layout and additional land, the property presents exciting possibilities for investors looking to grow their portfolio, developers exploring redevelopment potential, or owner-occupants seeking supplemental income. Additional parcel lot 10,019 sq.ft. 0.23 acre lot. Ideally located with easy access to nearby shopping, dining, and major freeways, this property combines convenience with strong future upside—making it a rare and desirable investment opportunity.
**Excellent Investment Opportunity in Prime Moreno Valley Location!** **Price Reduced $30,000 for Immediate Sale!** Seller has received offers but is motivated to sell at this new price. This upgraded **residential income property** delivers strong cash flow and versatile living options on a large lot in a desirable neighborhood. The thoughtfully renovated main house features a modern open-concept layout ideal for comfortable living or entertaining. The main residence includes **3 spacious bedrooms** and **2 updated bathrooms**, highlighted by a **brand-new kitchen** with generous cabinetry, contemporary appliances, and a bright dining area. The open floor plan creates excellent flow and abundant natural light. Complementing the main home is a **private guest suite** with its own en-suite bathroom and walk-in closet — perfect for generating additional rental income, housing extended family, or creating a home office. Adjacent to the guest suite is a **175 sq ft solid patio cover**, providing a shaded outdoor space ideal for relaxation or entertaining guests. The expansive backyard features low-maintenance landscaping, giving you plenty of usable outdoor space with minimal upkeep. **Key Income & Investment Highlights:** - Current **combined rental income of $4,700 per month** (both units rented month-to-month) - Additional sub-dividable land offering future expansion potential - Excellent location with convenient access to schools, shopping centers, and major freeways This property is perfectly suited for **investors** seeking reliable cash flow, **builders** looking to develop the extra land, or families interested in **multi-generational living**. **Please note:** The property is being sold **AS-IS**. The seller makes no guarantees or warranties regarding condition, square footage, or other aspects. Buyers and agents are responsible for verifying all information, including actual square footage, permits, and zoning. **DO NOT ACCESS THE PROPERTY WITHOUT AN APPOINTMENT. PLEASE DO NOT APPROACH THE TENANTS.** Showings are available by appointment only — call the listing agent to schedule. Don’t miss this rare opportunity to own an income-producing property in a strong Moreno Valley location!
If you are looking for rental property that can deliver stable and steady income at one of the lowest price duplex in the area, then this is it. This is a table cash cow duplex with long term tenants. Both units have been upgraded with all new luxury vinyl flooring in recent years. Rear unit has tile roof and recently been completely rehab within the past 6 months. Two units separated from each other and each has its own private yard. With current income, the ROI more than 8% annual return. Priced lower than most other income properties for a quick sale. Agent/broker is one of the owners for this property.
THERE ARE TOTAL 4 PARCELS AS FOLLOW 263-170-004,263-170-003,263-170-006,263-170-007 TOTAL ALMOST 6 ACRES OF LAND .ONE PARCEL IS ZONED R-15 CAN BUILS UPTO 15-16 APARTMENTS REST IT IS R-3 3 HOUSES +3 ADU PER ACRE TOTAL DEVELOPMENT WILL BE 15 HOUSES AND 15 ADU+16 APRTMENTS.PLEASE CONFIRM WITH CITY. PROPERTY NEEDS MINOR CLEAN UP TO BRING TO MARKET RENT WHICH WILL BE BETWEEN $13000-$14500 PER MONTH. AT PRESENT THERE ARE 6 UNITS TOTAL INCOME ABOUT $9700 PER MONTH . TRIPLEX 2 3BD 1 BA UNIT AND 1 2BD 1BA AND 1 DUPLEX 2BD 1 BA AND ONE SINGLE FAMILY HOMES 2BD 1 BA. 3BD 1 BA UNIT PERFORMA RENT TO BE MINIMUM $2600 PER MONTH AND 2 BD SHOLD BE MINIMUM $2200 PER MONTH SO GROSS RENT SHOULD BE $14000 PER MONTH . MAKE OFFERS. GREAT POTENTIAL PROPERTY WALKING DISTANCE TO MALL AND SHOPPING,CLOSE TO FREEWAY 215 AND 60 FWY. RENTS EFFECTIVE FEB1,2026 WILL BE $9700 PER MONTH.PRICE REDUCED $125000.MAKE OFFERS.BRAND NEW ROOF ,NEW FLOORING ,NEW KITCHEN CABINETS INSTALLED. 6 UNITS ON 6 ACRES WITH POTENTIAL TO ADD MORE UNITS AND HOUSES.GREAT GREAT POTENTIAL PROPERTY.
Moreno Valley is located in California. Moreno Valley, California has a population of 208,371. Moreno Valley is more family-centric than the surrounding county with 36.42% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Moreno Valley, California is $73,635. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Moreno Valley is 31.5 years.
The average high temperature in July is 97 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 12.3 inches per year, with 0 inches of snow per year.
