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Listed by ELIZABETH MIFFLETON • TRUST PROPERTIES USA, INC
$990,000
Est. payment /mo
1 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $990,000
MLS Listing ID IV-26135820
Year Built 1968
Lot Size 0.370 Acres
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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!
Location
State CA
County Riverside
Area 259 - Moreno Valley
Interior
Heating None
Fireplaces Type None
Laundry None
Exterior
Pool None
Community Features Sidewalks
View Y/N Yes
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900