$2,100,000

22869 Adrienne Ave Moreno Valley, CA 92553

$10,000
Closing credit¹
0.3 acres
Condo

Property details

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. Close to Cottonwood Golf Center, 99 Cents Store, TJ Maxx, BJ's Restaurant, Chili Grill, Ross, Banks and Moreno Valley Mall.

Highlights

Home typeCondominium
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.32 Acres
Year built1971
MLS #PW24239554
ViewNeighborhood

Summary

  • MLS Number: PW24239554
  • MLS Name: CRMLS
  • 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: 3/1/2025, 10:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,100,000

22869 Adrienne Ave

$10,000

closing credit¹

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Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$466,504$7,273
2023$457,358$6,796
2022$448,391$6,696
2021$439,600$6,597
2020$435,094$6,543
2018$418,200$6,145
2017$226,555$3,753

History based on county public records data.

Nearby schools

6

TownGate Elementary School

Public District KG-5

0.9 mi

22480 Dracaea Ave

4

Sunnymeadows Elementary School

Public District KG-5

1.1 mi

23200 Eucalyptus Ave

4

Creekside Elementary School

Public District KG-5

1.1 mi

13563 Heacock St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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

How much money do the neighbors make?

62%
<35k
36%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

23%
Single, No Kids
39%
Single, with Kids
6%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Renters

How old are people in this area?

31%
<11 yrs old
13%
12-17 yrs old
29%
18-34 yrs old
26%
35-64 yrs old
1%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Pro WrestlingPro Wrestling
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Cicis PizzaCicis Pizza
  • PopeyesPopeyes

What do the neighbors drive?

  • PontiacPontiac
  • DodgeDodge
  • InfinitiInfiniti

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Frequently asked questions

About 22869 Adrienne Ave

This home is located at 22869 Adrienne Ave in Moreno Valley, CA and zip code 92553 in the Edgemont neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $2,100,000.

Over 36 listings were sold over their listed price in January 2025 in Moreno Valley, CA. In the same period over 17 listings were sold below the listed price and 18 listings were sold for the listed price. The number of homes for sale in Moreno Valley, CA increased by 2.3% between December and January 2025. Listings spent 44 days on the market in January 2025, and had a median list price of $550,000 during the same period.

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

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