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

15394 Perris, Moreno Valley, California 92551 home-pic-0

15394 Perris

Moreno Valley, California 92551

ACTIVE
CONDITION: GOOD
0Beds
0Baths
3,484Sq Ft
6,970Lot Size

Property Price

LIST PRICE$1,130,000

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

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot3,4843,342
50%
Lot Size6,9707,187.5
50%
Price$1.13M$985.0K
50%
Price per sq ft$324$293
50%
Built year19791971
50%
HOA$0$0
50%
Days on market18130
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

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