22936 Allies Pl
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22936 Allies Pl
4 Unit Block of Flats £934,736 (£233,684/Unit) 5.28% Net Initial Yield Moreno Valley, CA 92553
Executive Summary
Recently remodeled apartment building, presently 4 units with 5 enclosed detached garages. it could be converted into a 5 unit apartment building. all gated, double pane windows, front unit is like a one story house with a fireplace, Roof has been replaced in 2019. great potential for rent increases, long term tenants. At this moment , landlord pays for water and trash and a common gas water heater.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £934,736 | Apartment Style | Garden |
| Price Per Unit | £233,684 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Net Initial Yield | 5.28% | Building Size | 3,800 SF |
| Gross Rent Multiplier | 6.2 | Average Occupancy | 100% |
| No. Units | 4 | Number of Floors | 2 |
| Property Type | Residential | Year Built/Renovated | 1965/2019 |
| Property Subtype | Apartment | Parking Ratio | 1.32/1,000 SF |
| Price | £934,736 |
| Price Per Unit | £233,684 |
| Sale Type | Investment |
| Net Initial Yield | 5.28% |
| Gross Rent Multiplier | 6.2 |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,800 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built/Renovated | 1965/2019 |
| Parking Ratio | 1.32/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 3+1 | 1 | £1,223 | 900 - 1,000 |
| 3+2.5 | 1 | £1,233 | 1,100 |
| 2+1 | 1 | £1,161 | 800 |
| 3+1 | 1 | £1,233 | 1,100 |
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PROPERTY TAXES
| Parcel Number | 291-283-022 | Total Assessment | £421,829 (2023) |
| Land Assessment | £88,584 (2023) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £333,246 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
291-283-022
Land Assessment
£88,584 (2023)
Improvements Assessment
£333,246 (2023)
Total Assessment
£421,829 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
zoning
| Zoning Code | R3 |
| R3 |
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22936 Allies Pl
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