Moreno Valley Homes with Triplex Subtype

Welcome to Moreno Valley, a vibrant city nestled in the heart of Riverside County, California. Known for its stunning landscapes, Moreno Valley boasts a unique blend of urban convenience and natural beauty. With the San Bernardino Mountains as a backdrop and a plethora of parks and recreational areas, residents enjoy an active outdoor lifestyle while being just a short drive from the bustling cities of Los Angeles and Riverside.

Moreno Valley is a diverse community that offers a rich cultural tapestry, making it an ideal place for families, professionals, and retirees alike. The city is home to excellent schools, shopping centers, and an array of dining options, ensuring that everything you need is just around the corner.

For those considering real estate investment, the triplex homes in Moreno Valley present a fantastic opportunity. These multi-family properties not only provide an excellent return on investment but also offer the flexibility of living in one unit while renting out the others. Triplex homes are particularly appealing for those looking to maximize their rental income or for extended families seeking proximity without sacrificing privacy.

With spacious layouts and modern amenities, triplex homes in Moreno Valley cater to a variety of lifestyles. Whether you’re an investor looking to expand your portfolio or a homeowner seeking a unique living arrangement, these properties are worth exploring.

Discover the charm of Moreno Valley, where community spirit meets opportunity, and find your ideal triplex home today!

Newest Moreno Valley Homes with Triplex Subtype

$899,000

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.