Just Listed! Investor Opportunity! Don’t miss out on this fantastic opportunity for consistent cash flow! This fully rented 4-unit property, each with 2 bedrooms and 1 bath, is ideal for investors. Unit A has been recently upgraded, and all units come equipped with central air and heating. The property offers a shared laundry room, providing potential for additional income. It’s fully fenced with easy-to-maintain landscaping. Parking is ample with 4 covered spaces and 3 uncovered. Upper units feature balconies, while lower units have patios.
The median home value in Moreno Valley, CA is $481,700. This is lower than the county median home value of $536,000. The national median home value is $338,100. The average price of homes sold in Moreno Valley, CA is $481,700. Approximately 59.38% of Moreno Valley homes are owned, compared to 36.3% rented, while 4.32% are vacant. Moreno Valley real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Moreno Valley real estate agent to arrange a tour today!
Moreno Valley, California 92551 has a population of 208,371. Moreno Valley 92551 is more family-centric than the surrounding county with 36.55% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Moreno Valley, California 92551 is $73,635. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Moreno Valley 92551 is 31.5 years.
The average high temperature in July is 97 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 12.3 inches per year, with 0 inches of snow per year.