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    Retail and Apartment Multi-Building Title is generated by Realmo AI

    13958-13968 Old 215 Frontage Rd., Moreno Valley, CA 92553

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    Claim this Listing
    New
    For Sale
    $1,235,000

    Package includes four retail buildings and one apartment building totaling 5,488 SF for sale on 0.87 acres.

    Type:Retail
    Property size:
    5,488 SF
    Lot size:
    0.87 Acres
    Price / SF:
    $225/SF
    Added:
    Jun 7, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 10 at 2:24 am

    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

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    Listing Contact
    Frank Vora
    Frank Vora

    Listing agent Frank Vora License #CalDRE #01793683

    Listing office Lee & Associates

    Listing date Jun 7, 2026

    Source Lee-associates

    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

    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
    • Year built: 1950

    Overview

    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.

    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 (±1% cap)
    NOI $83,279 @ 7.0% cap · market cap 6.74%
    Second Best
    Retail
    $1.12M
    $980.2K – $1.31M (±1% cap)
    NOI $78,415 @ 7.0% cap · market cap 6.35%
    Theoretical Best
    Office A
    $1.88M
    $1.65M – $2.19M (±1% cap)
    NOI $131,657 @ 7.0% cap · market cap 10.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Moreno Valley
    County
    Riverside
    State
    California
    Longitude
    -117.282514
    Latitude
    33.917276

    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
    More about this property
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