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, where the sun shines bright and the spirit of Southern California thrives. This picturesque city offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

Moreno Valley is known for its diverse neighborhoods, excellent schools, and an array of recreational opportunities. With stunning views of the San Bernardino Mountains, outdoor enthusiasts can enjoy hiking, biking, and picnicking in one of the many nearby parks, including the expansive Moreno Valley Community Park. The city also boasts a rich cultural scene, with local events and festivals that celebrate the community’s unique heritage.

One of the standout features of Moreno Valley’s real estate market is the availability of triplex homes. These versatile properties are perfect for investors looking to maximize their rental income or for families seeking multi-generational living options. Triplex homes provide the unique opportunity to live in one unit while renting out the others, creating a potential income stream that can significantly offset housing costs.

The triplexes in Moreno Valley come in various styles and designs, offering modern amenities and spacious layouts. With easy access to major highways and local shopping centers, residents enjoy both convenience and comfort. Whether you’re looking to invest or find a home that suits your family’s needs, Moreno Valley’s triplex options present an enticing opportunity in a thriving community.

Explore the possibilities of living in Moreno Valley, where your dream home awaits!

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.