23756 Sunnymead Boulevard, Moreno Valley, CA 92553 | MLS CV18140863 | Listing Information | Welcome to Real Living Premier Realty | Real Living Real Estate
Real Living Premier Realty
(951) 364-3100

23756 Sunnymead Boulevard,  Moreno Valley CA, 92553

24,900 sqft
Status: NEW LISTING
MLS#: CV18140863
1of
Full Screen Photos
Photos
Map
Real Living Premier Realty
(951) 364-3100

Listing Provided Courtesy Of: MARCUS & MILLICHAP
Last Updated: 6/19/2018 3:15 PM
Description for 23756 Sunnymead Boulevard Moreno Valley, CA 92553
First time being offered in 30 years, subject property is 100% single story cottage style building is situated on a large lot of 4.03 acres. The property consists of six, one bedroom one bathroom units, fourteen, two bedroom one bathroom units, six, three bedroom one bathroom units, and two retail units. The property is non-rent controlled area with over 50% upside in rents resulting in 8.22% CAP rate. Neatly located on a highly visibility street with even higher visibility, and it has convenient access to Freeway I-60 and I-215. The city of Moreno Valley is located at the intersection of FWY 60 and 215, and bordered by the city of Riverside and Redlands. The city of Moreno Valley contains a median household income of $54,299 and a median home price of $316,200. Investors who are seeking a mixed-use property will be great for this type of property. This investment opportunity offers a stable cash flow and an opportunity to increase rents through renovation in one of the strongest rental markets in the Inland Empire.
Price
$3,200,000
Riverside
24,900 (approx)
CV18140863
NEW LISTING
Description
First time being offered in 30 years, subject property is 100% single story cottage style building is situated on a large lot of 4.03 acres. The property consists of six, one bedroom one bathroom units, fourteen, two bedroom one bathroom units, six, three bedroom one bathroom units, and two retail units. The property is non-rent controlled area with over 50% upside in rents resulting in 8.22% CAP rate. Neatly located on a highly visibility street with even higher visibility, and it has convenient access to Freeway I-60 and I-215. The city of Moreno Valley is located at the intersection of FWY 60 and 215, and bordered by the city of Riverside and Redlands. The city of Moreno Valley contains a median household income of $54,299 and a median home price of $316,200. Investors who are seeking a mixed-use property will be great for this type of property. This investment opportunity offers a stable cash flow and an opportunity to increase rents through renovation in one of the strongest rental markets in the Inland Empire.
Listing Information
Property Type: Cluster, 1 Story
4.03 Acres 24,900 (approx) $128.51
1960 Yes- 28 spaces 1
28 Total
Neighborhood
Room Information
No Laundry Facility
Interior Features
None
3
Exterior / Lot Features
28 Garage Spaces, 28 Parking Spaces
M-1
Curbs Walk
Driving Directions
Exit Frederick Street
Financial Considerations
292160001
$290,400 Income ,$133,062Expense
Listing Price History

Moreno Valley Real Estate

Moreno Valley is located in California. Moreno Valley, California 92553 has a population of 204,198.

The median household income in Moreno Valley, California 92553 is $54,229. The median household income for the surrounding county is $56,592 compared to the national median of $53,482. The median age of people living in Moreno Valley 92553 is 29.3 years.

Loading nearby sales and history ...
Courtesy: EDWARD PAN - MARCUS & MILLICHAP
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 6/19/2018 3:15 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
392364 - Real Living Premier Realty
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time
Nearby homes for sale
Recent sales nearby