24384 Sunnymead Boulevard

    Moreno Valley, CA 92553
    • $1,688,000
    • STATUS: Active
    • ON SITE: 88 days
    • ID#: WS20001731
    UPDATED: 77 min ago
    $1,688,000
    • 0
      BEDS
    • 0.81
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,312
      SQFT
    • $149
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1988
    County:

    School Ratings & Info

    Description

    Great Investment with 8.8 % Current Cap Rate!! TWO STORY MULTI-TENANT BUILDING. Fully occupied by multi-tenant offices and one RETAIL tenant. 40 parking spaces. The building has 129 feet of frontage on Sunnymead Blvd and a few blocks from 60 freeway exit. Most tenants have leased their space for over seven years. Rent is gross modified rate. Tenants pay all utilities. Moreno Valley is home to many Fortune 500 and international companies including Amazon, Proctor & Gamble, Sketchers USA, Harbor Freight Tools, Walgreens, Lowe's and more

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-01T21:28:16.203. 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 deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

    www.sdluxe.com/homes/102026984

    24384 Sunnymead Boulevard Moreno Valley, CA 92553

    • Price: $1,688,000
    • Status: Active
    • Updated: 77 min ago
    • ID#: WS20001731
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.81
    Acres
    11,312
    SQFT
    $149
    $/SQFT
    1988
    Built
    Neighborhood:
    259 - Moreno Valley
    County:
    Riverside
    Area:
    259 - Moreno Valley
    Property Description
    Great Investment with 8.8 % Current Cap Rate!! TWO STORY MULTI-TENANT BUILDING. Fully occupied by multi-tenant offices and one RETAIL tenant. 40 parking spaces. The building has 129 feet of frontage on Sunnymead Blvd and a few blocks from 60 freeway exit. Most tenants have leased their space for over seven years. Rent is gross modified rate. Tenants pay all utilities. Moreno Valley is home to many Fortune 500 and international companies including Amazon, Proctor & Gamble, Sketchers USA, Harbor Freight Tools, Walgreens, Lowe's and more
    Exterior Features

    Construction Materials Drywall WallsFrameStucco Fence YN Yes Fencing Block Lot Features Lot 20000-39999 SqftRectangular LotLevelSprinkler System Lot Size Source Assessor Lot Size Units Square Feet Parking Total 40.00

    Interior Features

    Building Features Elevators Condo Area Units Square Feet Cooling Central AirElectric Cooling YN Yes Heating CentralNatural Gas Heating YN Yes Laundry Features None Office Square Footage 11312

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Business Type AccountingAdministrative And SupportAdvertisingMulti-TenantProfessional/OfficeReal EstateRetail Cap Rate 8.80 Country Us Electric Heavy Expense Year 2019 Gross Scheduled Income 183468.00 Insurance Expense 2350.00 Investment Property YN Yes Land Lease YN No Land Use OfficeRetail Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Maintenance Expense 13836.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 154008.00 Number Of Units Leased 20 Occupancy Occupied Property Sub Type Mixed Use Real Estate Tax Expense 13278.00 Retail Center Type Mixed Use Security Features Fire And Smoke Detection SystemFire Rated DrywallFire Sprinkler SystemFirewall(S)Security System Special Listing Conditions Standard Sprinklers YN Yes Tax Year 2019 Total Monthly Rent 15289 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public

    Listing provided courtesy of Susie Lee of Executive Realtors


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-01T21:28:16.203. 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 deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

     
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    1131 Wall St.
    La Jolla CA, 92037