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$1,025,000   Price Analysis
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22557 Adrienne Ave
Moreno Valley, CA 92553
8 bed 4 bath 3,264 SqFt ($314/SqFt)
8,276SqFt lot. Built 1964
Listed 2023-07-19, Taxes $3,327
Ⓧ USDA Ineligible
due to price & location

near Moreno Valley

Price reduction: 4 Plex: 2-bedrooms 1 bth each unit approx.

816 sqft. Long term Tenants with month to month rents and well kept. Each unit assigned 1 detached garage at rear of property. Property has separate laundry room with washer/dryer hook-ups, separately metered, currently not being used. 4-plex has 1 huge water heater servicing all 4 units. Landlord pays for this on separate meter.

In this area, sewer is paid for on annual tax bill. All units have stoves belonging to tenant. IMPROVEMENTS: all windows on building replaced with new ones. All garage doors are new. Brand new kitchens in most units. Newer flooring in most units. Over past years electrical and plumbing upgrades. 5th electric meter is for laundry room and exterior lighting. 5th gas meter is for water heater and laundry room. Do not disturb Tenants.


Presented by JOHNSON DEBRAH at
WE SELL HOMES REALTY.


Property MLS #IV23133199 from CRMLS

Bedrooms: 8

Appliances: Range Hood, Water Heater Central
Appliances YN: Yes
Laundry Features: Individual Room, Outside, Washer Hookup

Kitchen, Living Room

Cooling Features: Wall/Window Unit(s)
Heating Features: Natural Gas, Wall Furnace
Heating: Yes

Full Bathrooms: 4

Flooring: Carpet, Laminate, Tile, Vinyl
Window Features: Screens

Fencing: Fence YN: Yes, Fencing: Chain Link, Wrought Iron
Road Frontage Type: City Street
Road Surface Type: Paved

Lot Description: Front Yard, Garden
Lot Size Acres: 0.1899908
Lot Size Dimensions: 82 X 100
Lot Size Source: Assessor
Lot Size Square Feet: 8276

Garage Spaces: 2
Parking Features: Parking YN: Yes, Parking Features: Garage, Garage Faces Rear
Parking Total: 4

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1

Gardener Expense: 2400.00

Tenant Pays: Cable TV, Electricity, Gas

Community Features: Street Lights

Source Listing Status: Active
County: Riverside
Source Property Type: Residential Income
Insurance Expense: 3500.00
Area: 259 - Moreno Valley
Source Neighborhood: 259 - Moreno Valley
New Taxes Expense: 3328.00
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 291264005
Postal Code Plus 4: 8539
Trash Expense: 4200.00
Zoning: R3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$136,910 + $63,182
$200,092
$3,327
2021$134,226 + $61,944
$196,170
$3,284
2020$132,850 + $61,309
$194,159
$3,259
2019$130,243 + $60,106
$190,349
$3,222
2018$127,689 + $58,929
$186,618
$3,034
2017$125,186 + $57,774
$182,960
$2,842
2016$122,732 + $56,642
$179,374
$2,820
2015$120,890 + $55,793
$176,683
$2,790
2014$118,523 + $54,701
$173,224
$2,646
2013$117,989 + $54,454
$172,443
$2,642
2012$115,676 + $53,387
$169,063
$2,600
2010$113,408 + $52,341
$165,749
$2,537
2009$112,829 + $52,074
$164,903
$2,526
2009$112,561 + $51,950
$164,511
$2,526
2008$110,617 + $51,053
$161,670
$2,499
2007$108,449 + $50,052
$158,501
$2,151

Price Changed 2024-05-07
$1,025,000
CRMLS
Price Changed 2024-02-15
$1,050,000
CRMLS
Price Changed 2023-11-08
$1,125,000
CRMLS
Price Changed 2023-08-30
$1,150,000
CRMLS
Price Changed 2023-08-14
$1,175,000
CRMLS
Listed 2023-07-19
$1,200,000
CRMLS
Sold 1997-09-03
$133,000
Public Record
Sold 1997-05-16
$60,000
Public Record
Sold 1995-03-22
$485,000
Public Record

Net Operating Income: 40332.00

Total Square Feet Living: 3264
Year Built: 1964
Building Features: 1
Common Walls: No Common Walls
Construction Materials: Stucco
Entry Level: 2
Entry Location: 2 upstairs
Property Age: 60
Roof: Composition, Shingle
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Electric Expense: 600.00
Sewer: Sewer: Public Sewer, Sewer Assessments, Water Sewer Expense: 1200.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Moreno Valley High School is a public high school located approximately 0.9 miles away.
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Edgemont Elementary School is a public elementary school located approximately 1.2 miles away.
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Badger Springs Middle School is a public middle school located approximately 2.2 miles away.
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Harvest Time Christian School is a private elementary, middle and high school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.