13790 Mangowood Moreno Valley, CA 92553
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,061 sqft
Price per Sqft $293
MLS Listing ID IV-26160902
Year Built 1989
Lot Size 7,405 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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!
Location
State CA
County Riverside
Area 259 - Moreno Valley
Interior
Interior Features High Ceilings, Recessed Lighting, Two Story Ceilings
Heating Wall Furnace, Central
Flooring Tile, Vinyl
Fireplaces Type Family Room, Gas
Laundry Dryer Included, Inside, Washer Included
Exterior
Parking Features Paved, Driveway
Pool None
Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
View Y/N Yes
View Mountain(s)
Building
Lot Description Desert Back, Desert Front, Front Yard, Rectangular Lot, 2-5 Units/Acre, Back Yard
Sewer Public Sewer
Others
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