24380 Ironwood, Moreno Valley, CA 92557

$699,500

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List Price
$699,500
Price Change
▼ $20,000 1783316166
Status
ACTIVE
MLS#
IG26118184
Year Built
1949
Lot Size
19,602
Acres
0.45
Lot Location
Rectangular Lot
Days on Market
56
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

NEW LOWER PRICE! Pride of ownership triplex on a large lot in growing area of Moreno Valley. New Sprouts, Starbucks and more just opened a block away. Triplex consists of a 2 bed, 1 bath front house, and two 1 bed, 1 bath units in the back. Potential for detached garage to be converted into a 4th unit. All units have their own garage. New roof installed in 2023. Property has long-term, reliable tenants that are all month to month. Unit #82 could be available for owner-user to move in. Rents are below market and provide an opportunity for an investor to increase rents or for someone to move into one of the units and make rental income off of the other units to offset the mortgage. Plenty of space for parking or even adding an additional unit. Property has been well maintained by property owner. Great location north of the 60 freeway. Short distance to Riverside, Ontario, Palm Springs, etc. Other recent upgrades include: Mini splits for back units in 2022, exterior of the house was painted back in 2020, interiors were painted within the last 5 years, new roof in 2023, new front house water heater in 2021, new wood fence along back of property, separating backyards in 2023. Buyer to complete their own due diligence.

Additional Information

Pool Description
None
Heat
Central
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$51,000
Operating Expense
4140

Listing courtesy of Listing Agent: David Friedman (dfriedman@realicore.com) from Listing Office: REALICORE.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.