CA > Moreno Valley
Moreno Valley, CA 92553,22869 Adrienne Avenue
Moreno Valley, CA 92553,22869 Adrienne Avenue
Moreno Valley, CA 92553,22869 Adrienne Avenue
3
See all 3 photos
Listed by Michael Lembeck • Citivest Realty Services, Inc
$2,100,000
Est. payment /mo
Save
10,000 SqFt
Active

22869 Adrienne Avenue Moreno Valley, CA 92553

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
2
Feb
Mon
3
Feb
Tue
4
Feb
Kenneth Er

Kenneth Er

+1(510) 828-8572

UPDATED:

01/05/2025 03:05 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $210

MLS Listing ID CRPW24239554

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1971

Lot Size 0.320 Acres

Property Description

22869-22877 Adrienne Ave. Well maintained 12 units with center courtyard. Located in great rental area. Always rented and always full. Excellent unix mix of one, two, and three bedrooms. 4.89% cap rate on existing rents. Gated parking in the rear of the property. Seller increasing rents to bring 2025 income to $147,092 and cap rate to 5.2%. One 3 bedroom unit rented to the on-site manager at a reduced rate. Proforma income of $156,692 could be obtained by self-managing property. Close to Cottonwood Golf Center, 99 Cents Store, TJ Maxx, BJ's Restaurant, Chili Grill, Ross, Banks and Moreno Valley Mall.

Location

State CA

County Riverside

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet

Fireplace No

Appliance Gas Water Heater

Laundry Community Facility

Exterior

View Other

Building

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

GET MORE INFORMATION

agent

Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of Compass, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(510) 828-8572 to obtain direct assistance.

Go tour this home

22869 Adrienne Avenue

QUICK SEARCH