Moreno Valley (259) Homes with Triplex Subtype

Moreno Valley (259) Homes with Triplex Subtype

Welcome to Moreno Valley, a vibrant gem nestled in Riverside County, California. Known for its picturesque landscapes and a strong sense of community, Moreno Valley offers a unique blend of suburban tranquility and urban convenience. With its proximity to major highways and the bustling city of Riverside, residents enjoy easy access to shopping, dining, and recreational activities, making it an ideal place for families and professionals alike.

One of the most exciting housing options in Moreno Valley is the triplex. These multi-family homes provide a fantastic opportunity for investors and homeowners seeking additional income. A triplex typically consists of three separate living units, allowing for versatile living arrangements—perfect for extended families, or as a way to offset mortgage costs through rental income. Imagine living in one unit while renting out the others, creating a sustainable lifestyle that supports your financial goals.

Moreno Valley's triplex properties are often situated in family-friendly neighborhoods, close to parks, schools, and amenities. The region boasts a diverse housing market, with triplexes available in various styles and price ranges, catering to different tastes and budgets. Whether you're looking for a well-established property or a newly constructed option, Moreno Valley's triplexes offer an excellent investment opportunity.

Explore the charm of Moreno Valley and discover the potential of triplex living. With its beautiful surroundings and community spirit, this region is not just a place to live; it's a place to thrive. Let us help you find the perfect triplex that aligns with your lifestyle and aspirations!

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.