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$ 925,000
Est. payment /mo
New
13790 Mangowood Moreno Valley, CA 92553
7 Beds
5 Baths
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26160902
Bedrooms 7
Lot Size 7,405 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
The investment opportunity you've been waiting for is finally here! Whether you're looking for the perfect house hack, want to live in one unit and rent out the rest, complete a 1031 exchange, or add a turnkey income-producing property to your portfolio, this is an opportunity you don't want to miss. This fully permitted three-unit residential income property has been extensively renovated from top to bottom, allowing the next owner to avoid the expense, delays, and uncertainty of major construction while benefiting from significant improvements already completed. Recent upgrades include updated kitchens and bathrooms, new flooring throughout the main unit, all major appliances replaced within the last three years, a new HVAC system for the main unit, energy-efficient mini-split systems, drought-tolerant landscaping, and private washers and dryers in every unit for added convenience, privacy, and rental appeal. The Sunrun solar system helps offset electricity costs and reduce operating expenses. Featuring approximately 3,061 square feet of living space, the property includes: Unit 1: 4-bedroom, 2.5-bath main residence (approximately 1,975 SF) Unit 2: Junior ADU with 1 bedroom, 1 bathroom (approximately 472 SF) Unit 3: ADU with 2 bedrooms, 1 bathroom (approximately 614 SF) The property is being offered vacant, providing the flexibility to lease all three units at market rents or occupy the main residence while generating rental income from the additional units. Projected market rents: Unit 1: $2,900/month Unit 2: $1,600/month Unit 3: $1,750/month With approximately $75
Location
State CA
County Riverside
Zoning Public Rec
Direction From Alessandro, North on Kitching, East on Bay, South on Mangowood.
Interior
Cooling Central Forced Air, Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Tile/Clay
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 479653004
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
Virtual Tour https://listing.stillwaterproductions.com/sites/13790-mangowood-dr-moreno-valley-ca-92553-26595688/branded
Listed by MINDY HECKROTH, DRE#02180853 NEST REAL ESTATE