Retail and Apartment
13958-13968 Old 215 Frontage Rd. Moreno Valley, CA 92553
13958-13968 Old 215 Frontage Rd., Moreno Valley, CA, 92553
$1,235,000
For Sale
$1,235,000
Package includes four retail buildings and one apartment building totaling 5,488 SF for sale on 0.87 acres.
Property Size5,488 SF
Lot Size0.87 Acres
Price / SF$225.04
Days on Market46
Property Features for 13958-13968 Old 215 Frontage Rd.
General Information
- Standard status
- Active
- Size
- 5,488 SF
- Lot size
- 0.87 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1950
Listing agency
Lee & Associates - Riverside
(951) 276-3645
Listed by
Frank Vora · License #CalDRE #01793683
Source
Lee-associates
Added: Jun 7 Updated: Jul 10 at 1:54PM Checked: Jul 21 at 6:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Riverside
Investment Insights
Based on property information with market context.
This offering consists of four retail buildings and one apartment building on a single site totaling 5,488 square feet across 0.87 acres. The property is being presented as a combined package, allowing an owner to manage a mix of retail and residential space under one ownership structure.
The buildings are located at 13958–13968 Old 215 Frontage Rd. in Moreno Valley, California. The site is described with frontage along Old 215 Frontage Rd., supporting direct access for commercial users and visibility for both retail and residential components.
For buyers evaluating a small mixed-use holding, this configuration provides retail storefront space alongside an apartment building within the same property footprint. It may appeal to an owner-operator or investor looking for a multi-building setup that combines commercial and residential income-producing space, while keeping administration and property management consolidated at one address.
The buildings are located at 13958–13968 Old 215 Frontage Rd. in Moreno Valley, California. The site is described with frontage along Old 215 Frontage Rd., supporting direct access for commercial users and visibility for both retail and residential components.
For buyers evaluating a small mixed-use holding, this configuration provides retail storefront space alongside an apartment building within the same property footprint. It may appeal to an owner-operator or investor looking for a multi-building setup that combines commercial and residential income-producing space, while keeping administration and property management consolidated at one address.
Key Highlights
- Package includes four retail buildings and one apartment building
- Total building size is 5,488 SF
- 5‑building package for sale on 0.87 acres
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $158.1k | $28.80 |
| − Vacancy | −$6.6k | −$1.21 |
| EGI | $151.4k | $27.59 |
| − OpEx | −$68.1k | −$12.42 |
| NOI | $83.3k | $15.17 |
5,488 SF · lease $28.80/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,279 @ 7.0% cap · market cap 6.74%
Second Best
Retail
$1.12M
$980.2K – $1.31M
NOI $78,415 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$1.88M
$1.65M – $2.19M
NOI $131,657 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Package includes four retail buildings and one apartment building totaling 5,488 SF for sale on 0.87 acres.
Where is this storefront property located?
The property is located at 13958-13968 Old 215 Frontage Rd. Moreno Valley, CA.
What is the asking price?
The asking price for this property is $1,235,000.
What are key features of this property?
This property features: Package includes four retail buildings and one apartment building; Total building size is 5,488 SF; 5‑building package for sale on 0.87 acres
