22869 Adrienne Avenue
$2,100,000
13
12
10,000
10,000
$210
Description
22869-22877 Adrienne Ave. Well maintained 12 units with center courtyard. Located in great rental area. Always rented and always full. Excellent unix mix of one, two, and three bedrooms. 4.89% cap rate on existing rents. Gated parking in the rear of the property. Seller increasing rents to bring 2025 income to $147,092 and cap rate to 5.2%. One 3 bedroom unit rented to the on-site manager at a reduced rate. Proforma income of $224,184 could be obtained by self-managing property.22869-22877 Adrienne Ave. Well maintained 12 units with center courtyard. Located in great rental area. Always rented and always full. Excellent unix mix of one, two, and three bedrooms. 4.89% cap rate on existing rents. Gated parking in the rear of the property. Seller increasing rents to bring 2025 income to $147,092 and cap rate to 5.2%. One 3 bedroom unit rented to the on-site manager at a reduced rate. Proforma income of $224,184 could be obtained by self-managing property.
- Listed by Michael Lembeck • DRE #01019397 • Brokerage DRE #01875823 • Citivest Realty Services, Inc • 714-742-3700
Property Details for 22869 Adrienne Avenue
View
Neighborhood
Parking Spaces Total12
Private PoolNo
Cooling TypeWall/Window
Total Units12.0
Building TypeAttached
Lot Size SourceAssessor
Living Area10000
LISTING UPDATED: 11/25/2024 04:34 AM
Property Details for 22869 Adrienne Avenue
Status | Active |
---|---|
MLS # | PW24239554 |
Days on Market | 1 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1971 |
County | Riverside County |
Building Information for 22869 Adrienne Avenue
Building/Complex22869 Adrienne AveFloor-Stories2Residences-Pet Policy-Year Built1971Building Size-
Property Information for 22869 Adrienne Avenue
Property History for 22869 Adrienne Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 22869 Adrienne Avenue
Taxable ValueLand$68,267Additions$398,237Total$466,504
Tax Record2024$7,273 ($606 / month)
Home Facts
Total Finished SqFt3,108 SqFtAbove Grade Finished SqFt3,108 SqFtStories1Lot Size6,969 SqFtStyleMulti-Family Res (5+ Units)Year Built1971ZoningR3CountyRIVERSIDEAPN291-294-007
Schools near 22869 Adrienne Avenue
This home is within Moreno Valley Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Edgemont Elementary School PublicK to 5 | ||
Badger Springs Middle School Public6 to 8 | ||
Moreno Valley High School Public9 to 12 | ||
Alessandro School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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