15415 Sheila, Moreno Valley, California 92551, Moreno Valley, 92551 - 0 bed, 0 bath
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Moreno Valley, California 92551
Analysis of 15415 Sheila, Moreno Valley, California 92551 is currently available with a list price of $1,050,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1979, this 47-year-old property is dated and lacks mention of recent renovations to kitchens, bathrooms, or major systems. While the exterior shows signs of maintenance such as updated vinyl windows and the units are fully occupied, the age and likely original interior condition suggest it needs minor repairs and cosmetic updates to meet modern standards.
The property is fully occupied, offering investors immediate rental income and eliminating the initial vacancy risk typically associated with new acquisitions.
Individual gas and electric meters for each of the four units allow for direct tenant billing, significantly reducing the owner's monthly operating expenses.
Proximity to the 60 and 215 freeways, along with nearby shopping and dining, ensures high tenant demand and long-term desirability in the Moreno Valley market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1, other record living area = 3484.
Constructed in 1979, the property may require more frequent maintenance or capital expenditures for system upgrades compared to newer residential income assets.
With only four carports provided for four 2-bedroom units, parking may be insufficient for multi-vehicle households, potentially limiting the tenant pool.
Discover an exceptional investment opportunity with this fully occupied 4-plex, designated for new or experienced investors or long-term ownership potential. Featuring four identical 2 bed-/1 bath units, separated gas and electric meters and 4 carports. Conveniently located near neighborhood shopping, dining, and commuter routes including 60 and 215 freeway.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1979 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 3, 2026
$1,050,000
Initial Listing
Dec 18, 2003
$300,000
Public Record
Aug 3, 2001
$120,000
Public Record