Fourplex · 2 recorded sales since 2013
Listing Agent: Prashant Sampat (DRE #01916221) · Listing Office: Pacific Avenue Realty · Contact: 562-841-0227 · Bought with: Prashant Sampat · Pacific Avenue Realty · MLS #OC20151177 · Source: CRMLS
Excellent income-producing property in good condition with wall-HVAC units, window coverings, carpet/tile flooring, white cabinetry, laminate counter tops, and white appliances in each 2 Bed/2 Bath unit with one car garage. Interior of units are well maintained and the asset is currently Fully Occupied with a stable tenant base. Property also has laundry room and nice lot size for family friendly common area as well as being adjacent to Patriot Park. It is also equi-distant from the 215-60 freeways, and located in burgeoning Moreno Valley which has seen rents in the sub-market increase by over 9.5% and occupancy across the market remains north of 96%. This particular property is also near numerous Employers including March Air-force Base, United Natural Foods, Harbor Freight Distribution Center, Serta Simmons Bedding, and the Moreno Valley Police Station, Amazon and Multiple Giant Logistics Centers which help keep The 80,000+ jobs in the greater area, ensuring a steady stream of qualified tenants from which to pull from to keep the property occupied at 100%.
Listing description from the November 2020 sale, as reported to CRMLS.