15394 Perris Boulevard

Moreno Valley, CA 92551

$1,150,000
Price
8
Beds
4
Baths
3,542 Sq. Ft.
$325 / Sq. Ft.
3,542
Sq. Ft.
$325
per Sq. Ft.

Description

Please do not disturb occupants. Quadruplex with 4 spacious 2 bedroom 1 bathroom units in high demand rental area. Each unit has central air and heat, 1 carport per unit off the street behind the building plus there are a 2 guest parking spaces. The interiors were all upgraded about 10 years ago. Building has a community laundry room that tenants use with leased laundry equipment with costs that landlord has at a breakeven with the laundry income. 5 electric meters, 5 gas meters, 1 water meter. Tenants...Please do not disturb occupants. Quadruplex with 4 spacious 2 bedroom 1 bathroom units in high demand rental area. Each unit has central air and heat, 1 carport per unit off the street behind the building plus there are a 2 guest parking spaces. The interiors were all upgraded about 10 years ago. Building has a community laundry room that tenants use with leased laundry equipment with costs that landlord has at a breakeven with the laundry income. 5 electric meters, 5 gas meters, 1 water meter. Tenants pay their own electric and gas and landlord pays water and trash pickup. Quiet tenants and rents are paid. Good income and cap rate.
  1. Listed by John Sturdevant • DRE #01193545 • Brokerage DRE #01200533 • Regency Real Estate Brokers • 949-584-5619
  2. Listed by Angela Han • DRE #01892550 • Brokerage DRE #01918023 • Pinnacle Real Estate Group

Property Details for 15394 Perris Boulevard

Parking Spaces Total
6
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3542
Assessor Parcel Number
486-091-001

Location

Listing Courtesy of Regency Real Estate Brokers, John Sturdevant, DRE #01193545; Pinnacle Real Estate Group, Angela Han, DRE #01892550
Add your commute
LISTING UPDATED: 04/07/2024 11:05 PM

Property Details for 15394 Perris Boulevard

StatusActive
MLS #OC24068628
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.16 AC / 6,970 SF
CountyRiverside County

Location

Listing Courtesy of Regency Real Estate Brokers, John Sturdevant, DRE #01193545; Pinnacle Real Estate Group, Angela Han, DRE #01892550
Add your commute

Building Information for 15394 Perris Boulevard

Stories2Residences-Year Built1979Building Size-Lot Size0.16 AC / 6,970 SF

Payment Calculator

$6,708 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$432

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15394 Perris Boulevard

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $84,000
  • Gross Spendable Income: $84,000
  • Vacancy Allowance: 0
  • Gross Operating Income: $84,000
  • Net Operating Income: $55,700
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Other Income Description: Laundry Income = Expense
  • Other Income 1: $0
  • Other Income 2: $0
  • Gross Multiplier: 13.69
  • Cap Rate: 4.84
Expense Details
  • Operating Expense: $28,300
  • Operating Expense Percent: 33.69%
  • New Taxes Expense: $12,621
  • Gardener Expense: $1,200
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $150
  • Pest Control Expense: $888
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $600
  • Insurance Expense: $2,400
  • Maintenance Expense: $2,400
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $1,200
  • Other Expense Description: Gas
  • Trash Expense: $2,400
  • Water Sewer Expense: $2,760
  • Supplies Expense: $1,800
  • Total Expenses: $28,419
Tax / Assessment Info
  • Tax Rate: 1.12
  • Tax Year: 2023
  • Tax Tract Number: 2995
  • Tax Census Tract: 489.02
  • CFD/Mello-Roos Fee: $403
  • Tax Lot: 18
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps
  • Disability Access: No Interior Steps
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Electric Range, Disposal
  • Equipment: Community, Dishwasher, Laundry Area, Room
  • Interior Features: Balcony, Living Room Balcony
  • Room Type: Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Individual Room
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air, Electric
  • Heating Type: Central, Forced Air, Natural Gas
  • Heat Source: Natural Gas
  • Heating: Central, Forced Air, Natural Gas
  • Heat Equipment: Forced Air Unit
  • Flooring: Laminate
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Exterior Features: Satellite Dish
  • Roof: Flat, Tile
  • Entry Location: Ground
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Level with Street, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Park Nearby
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: 220 Volts in Kitchen, Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Carport
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 0
  • Carport Spaces: 4
  • Parking Features: Assigned, Carport, Detached Carport, Asphalt
Property / Structure Info
  • Personal Property Amount: $.00
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 0
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 0
  • Number With Patio: 4
  • Number Wall AC: 0

Property History for 15394 Perris Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15394 Perris Boulevard

Taxable ValueLand$81,436Additions$346,552Total$427,988
Tax Record2023$5,181 ($432 / month)
Home Facts
Total Finished SqFt3,484 SqFtAbove Grade Finished SqFt3,484 SqFtStories2Lot Size6,969 SqFtStyleQuadraplexYear Built1979ZoningR20CountyRIVERSIDEAPN486-091-001

Schools near 15394 Perris Boulevard

This home is within Moreno Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Armada Elementary School
PublicK to 5

Landmark Middle School
Public6 to 8

Vista Del Lago High School
Public9 to 12

Bayside Community Day School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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15394 Perris Boulevard is a multi-family home for sale in Moreno Valley, CA 92551. This property was listed for sale on April 7, 2024 by Regency Real Estate Brokers, it's currently listed at $1,150,000. It has been on the market for a total of 25 days and was last sold on November 4, 2014. This listing's school district is Moreno Valley Unified School District. Nearby schools include Armada Elementary School, Landmark Middle School and Vista Del Lago High School. 15394 Perris Boulevard is a 8-bed, 4-bath, 3,542 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Regency Real Estate Brokers, John Sturdevant, DRE #01193545; Pinnacle Real Estate Group, Angela Han, DRE #01892550

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.