Moreno Valley (259) Homes with Triplex Subtype

Moreno Valley (259) Homes with Triplex Subtype

Welcome to Moreno Valley, California, a vibrant community nestled in Riverside County that offers an appealing blend of suburban tranquility and urban convenience. With its stunning mountain views and a warm climate, Moreno Valley is a haven for outdoor enthusiasts and families alike. The city is known for its rich cultural diversity, excellent schools, and a plethora of recreational opportunities, including parks, hiking trails, and nearby Lake Perris, perfect for boating and fishing.

One of the unique real estate options available in Moreno Valley is the triplex housing subtype. This versatile property type is ideal for investors seeking to generate rental income or families looking for multi-generational living arrangements. Triplex homes in Moreno Valley offer three distinct living units, allowing for privacy while still being close to loved ones. Each unit typically features its own entrance, kitchen, and living spaces, making them perfect for both tenants and homeowners who desire flexibility.

The triplex market in Moreno Valley is thriving, with properties often situated in desirable neighborhoods close to schools, shopping centers, and public transportation. This makes them an attractive option for renters, ensuring a steady demand and potential for lucrative returns on investment. Whether you’re looking to invest or find a unique living situation, triplex homes in Moreno Valley provide a wonderful opportunity to enjoy the best of California living. Explore the possibilities today, and discover why Moreno Valley is the perfect place to call home!

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
$699,500
IG26118184 MLS ⋅ Active Status
NEW LOWER PRICE! Pride of ownership triplex on a large lot in growing area of Moreno Valley. New Sprouts, Starbucks and more just opened a block away. Triplex consists of a 2 bed, 1 bath front house, and two 1 bed, 1 bath units in the back. Potential for detached garage to be converted into a 4th unit. All units have their own garage. New roof installed in 2023. Property has long-term, reliable tenants that are all month to month. Unit #82 could be available for owner-user to move in. Rents are below market and provide an opportunity for an investor to increase rents or for someone to move into one of the units and make rental income off of the other units to offset the mortgage. Plenty of space for parking or even adding an additional unit. Property has been well maintained by property owner. Great location north of the 60 freeway. Short distance to Riverside, Ontario, Palm Springs, etc. Other recent upgrades include: Mini splits for back units in 2022, exterior of the house was painted back in 2020, interiors were painted within the last 5 years, new roof in 2023, new front house water heater in 2021, new wood fence along back of property, separating backyards in 2023. Buyer to complete their own due diligence.

24380 Ironwood, 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.