15394 Perris Boulevard, Moreno Valley, CA 92551

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.