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.