15394 Perris

Property Overview
Well-maintained four-unit multifamily property located in a strong rental area of Moreno Valley. All four units are 2-bedroom, 1-bath layouts and the property is fully occupied with stable tenants and a favorable utility structure. Unit 1: $2,000/month – Lease through 5/2026 Unit 2: $1,803/month – Month-to-month Unit 3: $1,900/month – Month-to-month Unit 4: $1,900/month – Month-to-month Gross Scheduled Income: $91,236 annually - Each unit has its own electric and gas meter; tenants pay their own usage - Fifth electric meter services common-area lighting - Fifth gas meter services shared water heater (owner pays) - One water meter – water paid by owner - Average monthly owner utilities: approx. $450 - Gardener: $200/month - Trash: $151/month - Pest control: $80/month Insurance: $333/month Tax Rate 1.13% Annual Operating Expenses: $14,568 Property offers stable tenancy with potential for rent adjustments on the three month-to-month units. Convenient location near shopping, transportation, and community amenities. A solid opportunity for buyers seeking a well-performing multifamily investment.
Home Details
- Property type
- ResidentialIncome - Quadruplex
- Year built
- 1979
- Lot size
- 6,970 sq ft
- Parking
- 5 spaces
- Garage
- 5 spaces
- Stories
- 2.0
- Days on market
- 1
- MLS status
- Active
Features & Amenities
Interior
- Balcony
Pool
- None
Lot
- Front Yard
- Garden
- Rectangular Lot
Community, Schools & Utilities
Utilities
- Heating
- Ductless
- Cooling
- Ductless
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions
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