Moreno Valley, CA 92555,26287 Iris Ave
Moreno Valley, CA 92555,26287 Iris Ave
Moreno Valley, CA 92555,26287 Iris Ave
5
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$2,125,000
Est. payment /mo
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12 Beds
Active

26287 Iris Ave Moreno Valley, CA 92555

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25223169

Bedrooms 12

HOA Fees $22,476/ann

Property Sub-Type Res Income 2-4 Units

Property Description

Do not Disturb Tenants!! Rare opportunity to own five individual condominiums built between 2006-2008, offered together as a unique portfolio. Each condominium has 3 bedrooms with open floorplans, in-unit laundry, HOA Amenities, Central Air/Heat, & two-car garages. The newer construction offers updated systems & energy-efficient features. All properties are in gated communities. 5.01% Cap Rate, 12.62 GRM, $271/sqft. Perfect for investors looking for newer construction, cash-flow, & potential to sell units individually in the future. See attached OM for additional information. See showing remarks for links to virtual tours of all units! -- 26287 Iris Ave #E (APN: 308612036) -- 26335 Iris Ave #D (APN: 308612065) -- 26279 Iris Ave #E (APN: 308612005) -- 15661 Lasselle St #84 (APN: 486562031) -- 15611 Lasselle St #21 (APN: 486561023)

Location

State CA

County Riverside

Zoning Public Rec

Direction Cross Streets: Iris Ave & Camino Flores

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Utilities Available Other/Remarks

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 308612036


MLS Router / San Diego MLS
Listed by Michael Padilla Lyon Stahl Investment Real Estate, Inc.

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Richard Combs

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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26287 Iris Ave