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$2,100,000
40 Days On Site

22869 Adrienne Avenue
Moreno Valley, CA 92553

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
10,000
SqFt
$210
/SqFt
1971
Built
County:
Riverside
Listed by Michael Lembeck of Citivest Realty Services, Inc [email protected]

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22869 Adrienne Avenue22869 Adrienne Avenue
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Monthly Payment (Est.)

$9,581
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22869-22877 Adrienne Ave. Well maintained 12 units with center courtyard. Located in great rental area. Always rented and always full. Excellent unix mix of one, two, and three bedrooms. 4.89% cap rate on existing rents. Gated parking in the rear of the property. Seller increasing rents to bring 2025 income to $147,092 and cap rate to 5.2%. One 3 bedroom unit rented to the on-site manager at a reduced rate. Proforma income of $156,692 could be obtained by self-managing property. Close to Cottonwood Golf Center, 99 Cents Store, TJ Maxx, BJ's Restaurant, Chili Grill, Ross, Banks and Moreno Valley Mall.

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Listing Snapshot
Price 
$2,100,000
Days On Site 
40 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.32 Acres
Year Built 
1971
MLS® Number 
PW24239554
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.32
Carport 
12
Number Of Stories 
2
Parking Spaces 
12
Property Sub Type 
Apartment
Special Circumstances 
Standard
SqFt Total 
10000
Stories 
Two
Water Source 
Public
Zoning 
R3
Interior Features
Appliances 
Gas CooktopDisposalGas OvenGas RangeGas Water HeaterWater Heater
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Flooring 
Carpet
Heating 
Wall Furnace
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Stucco
Pool Features 
None
View 
Neighborhood
Waterview 
Neighborhood
Community Features
Building Access 
Ground
Community Features 
CurbsSuburbanSidewalks
Financing Terms Available 
CashConventional
MLS Area 
259 - Moreno Valley


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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