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1st Floor - Unit 6
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Flex
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3,000 SF
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$1,165,000 USD
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Unit Size: 3,000 SF
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Condo Use: Flex
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Price: $1,165,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $388.33 USD
Description
Excellent Investment Opportunity In Moreno Valley. Perfect for a beginner investor, small but very valuable piece of property. 6 units of 1 bedroom with 1 bath each, ideal for 1031 exchange or investor. Close to shopping center, close to freeway. All the units occupied currently with excellent tenants. All the units upgraded & in excellent condition, completely renovated inside out in 2021.
Sale Notes
The property spans approximately 3,000 SF on a 0.17-acre lot and has been fully renovated inside and out in 2021, ensuring modern finishes and low maintenance. All units are currently occupied by reliable tenants, providing immediate income for investors. With an average rent of $1,670 per unit, this property generates strong cash flow and is ideal for a 1031 exchange or long-term hold. Located near shopping centers and with convenient freeway access, the property offers excellent connectivity and proximity to essential amenities. Additional features include a parking ratio of 1.88 per 1,000 SF and a Walk Score of 60, making it a desirable location for tenants. This is a turnkey investment in a growing Inland Empire market.
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Henna Jalal
Gold Team Realty
