Moreno Valley (259) Homes with Triplex Subtype

Moreno Valley (259) Homes with Triplex Subtype

Welcome to Moreno Valley, a vibrant city nestled in the heart of Riverside County, California. Known for its picturesque landscapes and a warm, welcoming community, Moreno Valley offers an ideal blend of suburban tranquility and urban convenience. With the stunning San Bernardino Mountains as a backdrop, residents enjoy a variety of outdoor activities, from hiking and biking to picnicking in one of the many local parks.

Moreno Valley is not just a beautiful place to live; it’s also a thriving hub for families and professionals alike. The city boasts excellent schools, a diverse array of shopping and dining options, and easy access to major highways, making it an attractive location for commuters heading to nearby cities like Riverside and San Bernardino.

For those considering investment opportunities or looking for multi-family living options, the triplex homes in Moreno Valley present a unique and appealing choice. These properties offer the perfect balance of privacy and community, allowing homeowners to enjoy the benefits of multi-generational living or to generate rental income. With spacious layouts and modern amenities, triplex homes are designed to accommodate a variety of lifestyles, whether you’re looking to house extended family or seeking a smart investment in the booming rental market.

In Moreno Valley, you’ll find a community that values diversity, growth, and connection. Explore the possibilities of triplex living in this charming city, where your dream home awaits amidst a backdrop of natural beauty and a thriving community spirit. Come discover why Moreno Valley is not just a place to live, but a 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

Start Your Search

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.