15394 Perris, Moreno Valley, California 92551, Moreno Valley, 92551 - bed, bath

15394 Perris
Moreno Valley, California 92551
Property Price
SUMMARY
Analysis of 15394 Perris, Moreno Valley, California 92551 is currently available with a list price of $1,130,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Moreno Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1979, the property is well-maintained and shows evidence of significant interior updates. The units feature modern laminate and tile flooring, updated kitchen cabinetry with stone countertops, and refreshed bathrooms. The property is move-in ready with no immediate major renovations required, meeting the criteria for a well-maintained investment property.
PROSSTRENGTHS & OPPORTUNITIES
CONSRISKS & DEFICIENCIES
About 15394 Perris
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1979
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,484 | 3,342 | 50% |
| Lot Size | 6,970 | 7,187.5 | 50% |
| Price | $1.13M | $985.0K | 50% |
| Price per sq ft | $324 | $293 | 50% |
| Built year | 1979 | 1971 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 130 | 50% |
Pricing History
Listed for Sale
Feb 17, 2026
$1,130,000
Initial Listing
Sold
Jan 30, 2015
$370,500
Public Record
Sold
Apr 27, 2010
$226,000
Public Record
Sold
Mar 9, 2007
$626,000
Public Record
Sold
Aug 2, 2002
$220,000
Public Record

















