22790 Allies, Moreno Valley, California 92553, Moreno Valley, 92553 - 0 bed, 0 bath
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Moreno Valley, California 92553
This Renovated Quadruplex Asset is listed at $1,250,000, offering a stable acquisition at its $1,250,000 Fair Market Value. Boasting a Good Condition Rating, the property features significant interior upgrades including Quartz Countertops, renovated bathrooms, and Private Decks across its versatile mix of 3-Bedroom Units and 2-bedroom units. With Covered Garages for every tenant and supplemental income from on-site laundry, the property ensures immediate performance. This turnkey multi-family residence is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality house-hack opportunity.
Property is move-in ready.
The property, built in 1966, has undergone significant cosmetic renovations in the last few years, including updated kitchens with quartz countertops, modern cabinets, and new fixtures. Bathrooms also show recent upgrades, with some featuring contemporary vanities and black hardware. The interior benefits from fresh paint and consistent, well-maintained tile flooring throughout. While the property's age suggests potential for older core systems (HVAC, plumbing, electrical) and some elements like popcorn ceilings and basic appliances remain, the visible living spaces are move-in ready and present well, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
The property offers a desirable combination of two 3-bedroom/2-bath and two 2-bedroom/1-bath units, appealing to a broader tenant base and maximizing rental potential.
Units feature renovated kitchens with quartz countertops, updated bathrooms, and fresh paint, reducing immediate capital expenditure for a new owner.
Each unit benefits from a private 1-car covered garage, a valuable amenity that enhances tenant satisfaction and property appeal.
Built in 1966, the property may have original or aging core systems (plumbing, electrical, roofing) that could require significant future investment despite recent cosmetic upgrades.
The description does not specify the presence or type of heating/cooling systems, which could be a significant concern for tenants in Moreno Valley's climate, potentially impacting marketability or requiring future installation.
The disclaimer 'Info subject to change' and the future date for recent painting (Jan 2026) introduce ambiguity regarding the current state and accuracy of the property information, requiring thorough due diligence.
4 units with 2 : 3 bedroom and 2 bath units, 2: 2 bedroom and 1 bath units. Each Unit has a 1 car covered garage. Units have upgrades in the last few years with renovated Kitchen units, quartz counter tops, paint and bath room upgrades. 2 of the units have just been painted (Jan 2026). There is extra income from the washer and dryer. These units are located in the area with many other four plexes in the immediate neighborhood. (Info subject to change)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,344 | 2,124 | 88% |
| Lot Size | 7,841 | 16,988.5 | 25% |
| Price | $1.25M | $777.5K | 88% |
| Price per sq ft | $288 | $344 | 25% |
| Built year | 1966 | 1961 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 183 | 13% |
Jan 26, 2026
$1,250,000
Initial Listing
Nov 17, 2023
$1,140,000
Public Record
May 23, 2023
$847,000
Public Record
Mar 31, 2023
$810,000
Public Record