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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$925,000

Est. payment - /mo

7,405 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV26160902

Construction Status Additions/Alterations,Building Permit,Turnkey

HOA Y/N No

Year Built 1989

Lot Size 7,405 Sqft

Property Sub-Type Triplex

Property Description

The investment opportunity you've been waiting for is finally here! Whether you're looking for the perfect house hack, want to live in one unit and rent out the rest, complete a 1031 exchange, or add a turnkey income-producing property to your portfolio, this is an opportunity you don't want to miss.

This fully permitted three-unit residential income property has been extensively renovated from top to bottom, allowing the next owner to avoid the expense, delays, and uncertainty of major construction while benefiting from significant improvements already completed. Recent upgrades include updated kitchens and bathrooms, new flooring throughout the main unit, all major appliances replaced within the last three years, a new HVAC system for the main unit, energy-efficient mini-split systems, drought-tolerant landscaping, and private washers and dryers in every unit for added convenience, privacy, and rental appeal. The Sunrun solar system helps offset electricity costs and reduce operating expenses.

Featuring approximately 3,061 square feet of living space, the property includes:

• Unit 1: 4-bedroom, 2.5-bath main residence (approximately 1,975 SF)
• Unit 2: Junior ADU with 1 bedroom, 1 bathroom (approximately 472 SF)
• Unit 3: ADU with 2 bedrooms, 1 bathroom (approximately 614 SF)

The property is being offered with Units 1 and 3 vacant, providing the new owner with immediate occupancy or lease-up flexibility. Unit 2 is currently occupied on a month-to-month lease, offering immediate rental income while preserving future flexibility.

Projected market rents:
• Unit 1: $2,900/month
• Unit 2: $1,600/month
• Unit 3: $1,750/month

With approximately $75,000 in projected annual gross rental income, this property offers immediate cash flow potential, long-term appreciation, and multiple income streams with reduced maintenance costs. The pro forma reflects realistic, market-supported rental rates rather than aggressive projections.

Ideally located near schools, shopping, restaurants, parks, and freeway access in one of the Inland Empire's fastest-growing rental markets. Whether you're a first-time investor, owner-occupant, or completing a 1031 exchange, this turnkey triplex offers rare value with modern upgrades, fully permitted construction, immediate income potential, and long-term appreciation. Don't miss this rare opportunity!

Location

State CA

County Riverside

Area 259 - Moreno Valley

Interior

Interior Features High Ceilings, Quartz Counters, Recessed Lighting, Two Story Ceilings, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile, Vinyl

Fireplaces Type Family Room, Gas

Fireplace Yes

Appliance Dishwasher, Electric Oven, Gas Oven, Gas Range, Microwave, Water Heater, Dryer, Washer

Laundry Inside

Exterior

Parking Features Driveway, Paved

Fence Block, Wood

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Mountain(s), Neighborhood

Roof Type Tile

Accessibility Accessible Doors, Accessible Entrance

Total Parking Spaces 12

Private Pool No

Building

Lot Description 2-5 Units/Acre, Back Yard, Desert Back, Desert Front, Front Yard, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Additions/Alterations,Building Permit,Turnkey

Others

Senior Community No

Tax ID 479653004

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA 203(b), FHA, Fannie Mae, Freddie Mac, VA Loan

Green/Energy Cert Solar

Listing Terms Cash, Conventional, 1031 Exchange, FHA 203(b), FHA, Fannie Mae, Freddie Mac, VA Loan

Special Listing Condition Standard

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Listed by MINDY HECKROTH NEST REAL ESTATE 714-717-3582, DRE #02180853

NEARBY SCHOOL & BUSINESS

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13790 Mangowood Moreno Valley, CA 92553