$1,150,000
15394 Perris Boulevard, Moreno Valley CA 92551
Multi-Family (Fourplex)
Property type
35 days
On market
$330
Price per sqft
5 cars
Garage
1979
Year built
6,970 sqft
Lot size
Home highlights
Open Houses
Overview
Four-unit multifamily property located in Moreno Valley. Situated along the Perris Blvd corridor, the property is near neighborhood shopping, dining, schools, parks, and commuter routes including the 60 and 215 freeways. The property consists of four 2-bedroom, 1-bath units and is currently tenant occupied. Separate gas and electric meters help reduce owner utility...
Listing provided by: Michelle Zhang DRE #02011591, Star Max Realty
Listing updated: May 7, 2026 at 01:28pm.
Last checked: Jun 4, 2026 at 12:00pm
Source: CRMLS #TR26091205
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,000 | $2,000 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,803 | $1,803 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,900 | $1,900 | $2,100 | Unfurnished |
| 1 | 2 | 1 | — | $1,900 | $2,000 | $2,100 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 4
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
12.6x
List Price / Annual Gross Rent
Cap Rate
4.87%
NOI / List Price
Gross Scheduled Income: $91,236
Vacancy Allowance: $1,368
Operating Expense: $33,902
Net Operating Income: $55,966
Annual Operating Expenses
Electric: $360
Gardener: $2,400
Fuel: $1,800
Insurance: $4,200
Maintenance: $1,200
New Taxes: $12,650
Professional Management: $5,472
Trash: $1,800
Water / Sewer: $3,000
Other Expense: $1,020
Interior
Interior Features: Balcony
Cooling: Ductless
Heating: Ductless
Fireplace: Outside
Laundry: Common Area
Entry Location: Front Door
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Available, Sewer Available, Water Available
Garage and Parking
Garage Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 486091001
Additional Parcels: No
Tax Lot: 18
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 15394 Perris Boulevard, Moreno Valley, CA 92551. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$920,000
Total Interest
$1,173,409
Total Payment
$2,093,409
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,163
per month
Property History for 15394 Perris Boulevard
Moreno Valley Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92551.
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