8 days on rocket

22869 Adrienne Ave, Moreno Valley, CA, 92553

$2,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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22869 Adrienne Ave, Moreno Valley$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1971
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
ViewNeighborhood
MLS #PW24239554
Lot Size0.32 Acres
StatusActive

About 22869 Adrienne Ave

22869-22877 Adrienne Ave. Well maintained 12 units with center courtyard. Located in great rental area. Always rented and always full. Excellent unix mix of one, two, and three bedrooms. 4.89% cap rate on existing rents. Gated parking in the rear of the property. Seller increasing rents to bring 2025 income to $147,092 and cap rate to 5.2%. One 3 bedroom unit rented to the on-site manager at a reduced rate. Proforma income of $156,692 could be obtained by self-managing property.

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 2

Listing Office:

  • Office Name: Citivest Realty Services, Inc
  • Office Phone: (714) 742-3700
  • Listing Agent: Michael Lembeck

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater
  • Flooring Type: Carpet
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Lot Features

Lot Information:

  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Cross Streets: Alessandro Blvd. and Fredericks St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000

Tax Information:

  • Annual Amount: $6,543
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Moreno Valley, CA.

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Moreno Valley, CA

City

Med. Sold Price

$550K

Med. Price/SqFt

$311

Avg. Days On Market

29

# of Sold Homes

81

22869 Adrienne Ave vs Moreno Valley

8 DAYS ON ROCKET

-21 Days

$2,100,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Moreno Valley, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24239554

Listing Office:

  • Office Name: Citivest Realty Services, Inc
  • Office Phone: (714) 742-3700
  • Listing Agent: Michael Lembeck

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 20, 2017Home Sold
$1,140,000
Apr 17, 2002Home Sold
$425,000
Aug 01, 1988Home Sold
$385,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,543$439,600
2020$6,543$435,094
2018$6,145$418,200
2017$3,753$226,555

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-64898
6
/10

  • TownGate Elementary School

  • 22480 Dracaea Ave

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-64899
4
/10

  • Sunnymeadows Elementary School

  • 23200 Eucalyptus Ave

  • 1.05 miles

  • Public District Grades KG-5

school-card-donut-64900
4
/10

  • Creekside Elementary School

  • 13563 Heacock St

  • 1.11 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,441. The majority of Moreno Valley, CA residents have income less than $35k annually. Typical family type is single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 22869 Adrienne Ave

What is the listing price of this property?

The listing price of 22869 Adrienne Ave property is $2,100,000.

What type of property is this?

The property 22869 Adrienne Ave is a condo located in Moreno Valley, California, 92553.

Is this property for sale now?

Active Listing: 22869 Adrienne Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,543 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 20, 2017 for $1,140,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 22869 Adrienne Ave is 1971.

Rocket Homes›California›Riverside County›Moreno Valley›92553›22869 Adrienne Ave

This home is located at 22869 Adrienne Ave in Moreno Valley, CA and zip code 92553 in the Edgemont neighborhood. This home, which was built in 1971, sits on a 0.32 acre lot. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $2,100,000.

In November 2024, from all listings sold in Moreno Valley, CA there were more than 37 sold above asking price, over 28 sold below and more than 16 were sold right at the asked price. The inventory of homes for sale in Moreno Valley, CA between October 2024 and November 2024 decreased by 9%. In November 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $550,000.

From Rocket Homes Real Estate and based on county public records data.

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