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    22850 Allies Pl Moreno Valley, CA 92553

    For Sale
    $1,815,000

    Apartment - Moreno Valley, CA

    Type:Apartment
    Property size:
    8,000 SF
    Lot size:
    14,810.00 Acres
    Days on Market:
    64
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 22850 Allies Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    5
    Bathrooms
    4
    APN
    291283015
    Parking
    8
    Parking features
    Garage
    Interior features
    Ceiling Fan(s)
    Exterior features
    Community Features Included: Curbs, Sidewalks, 11-15 Units/Acre
    Appliances
    Garbage Disposer, Range, Range - Gas
    Size
    8,000 SF
    Lot size
    14,810.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1966
    Floors in Building
    2
    Number of units
    8
    Flooring type
    Laminate
    Roof type
    Composition, Flat
    Architectural style
    Other

    Century 21 Discovery (714) 626-2000 [email protected]

    Listing agent Jigar Shah (714) 626-2000 License #01116918

    Listing date Oct 3, 2025

    MLS# PW25232386 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Moreno Valley Apartment Investment Opportunity

    This investment opportunity features a fully occupied apartment building with approximately 8,000 square feet of building area on a lot of over 14,800 square feet. The property contains eight units: four 3-bedroom units and four 2-bedroom units, each with 1.5 baths. The site also includes eight enclosed garages and a large playground situated between the two buildings. The property is located in Moreno Valley, California.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moreno Valley
    County
    Riverside
    State
    California
    Longitude
    -117.2638091
    Latitude
    33.9193472

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied 8-unit apartment building in Moreno Valley, California.
    Where is this apartment building located?
    The property is located at 22850 Allies Pl Moreno Valley, CA.
    What is the asking price?
    The asking price for this property is $1,815,000.
    What are key features of this property?
    This property features: - 100% Occupancy: Provides immediate rental income.; - Substantial Building Size: Approximately 8,000 square feet.; - Large Lot Size: Over 14,800 square feet.
    (714) 626-2000
    Request Owner's contact information
    22850 Allies Pl Moreno Valley, CA 92553
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    Moreno Valley, CA 92553
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22850 Allies Pl Moreno Valley, CA 92553
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