Moreno Valley (259) Homes with Triplex Subtype

Moreno Valley (259) Homes with Triplex Subtype

Welcome to Moreno Valley, California – a vibrant community nestled in the heart of Riverside County, where stunning landscapes meet a rich tapestry of culture and opportunity. Known for its family-friendly atmosphere, Moreno Valley boasts a diverse population and a variety of amenities that make it an ideal place to call home.

As you explore this dynamic region, you’ll discover a range of housing options, including charming triplex homes that provide both comfort and investment potential. Triplex properties in Moreno Valley are perfect for those looking to maximize their real estate portfolio while enjoying the benefits of multi-family living. Each unit offers its own space, allowing for privacy and independence, while the shared property creates a sense of community among residents.

Moreno Valley is not just about great homes; it’s also about lifestyle. Residents can enjoy numerous parks, recreational facilities, and shopping centers that cater to all needs. The nearby Lake Perris State Recreation Area offers a stunning backdrop for outdoor activities, from hiking and biking to fishing and picnicking. With easy access to major highways, commuting to nearby cities is a breeze, making Moreno Valley an ideal spot for both work and play.

Whether you’re an investor looking for a triplex to generate rental income or a family seeking a welcoming neighborhood, Moreno Valley has something for everyone. Experience the charm of this growing community and discover why so many are choosing to make Moreno Valley their home. Come explore the possibilities today!

Newest Moreno Valley (259) Homes with Triplex Subtype

$925,000
IV26160902 MLS Active Status
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 with Units 1 and 3 vacant, providing the new owner with immediate occupancy or lease-up flexibility. Unit 2 is currently occupied on a month-to-month lease, offering immediate rental income while preserving future flexibility. Projected market rents: • Unit 1: $2,900/month • Unit 2: $1,600/month • Unit 3: $1,750/month With approximately $75,000 in projected annual gross rental income, this property offers immediate cash flow potential, long-term appreciation, and multiple income streams with reduced maintenance costs. The pro forma reflects realistic, market-supported rental rates rather than aggressive projections. Ideally located near schools, shopping, restaurants, parks, and freeway access in one of the Inland Empire's fastest-growing rental markets. Whether you're a first-time investor, owner-occupant, or completing a 1031 exchange, this turnkey triplex offers rare value with modern upgrades, fully permitted construction, immediate income potential, and long-term appreciation. Don't miss this rare opportunity!

13790 Mangowood, Moreno Valley

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.