26287 Iris Ave E Moreno Valley, CA $ 1,596,000
26287 Iris Ave E
$ 1,596,000
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26287 Iris Ave E

Moreno Valley, CA, 92555
$ 1,596,000
Baths2.0 Sq 7,830

Monthly Estimate*

$ 9,957

Listed by Lyon Stahl Investment Real Estate, Inc.
26287 Iris Ave E, Moreno Valley, CA 92555 - Image 1
26287 Iris Ave E, Moreno Valley, CA 92555 - Image 2
26287 Iris Ave E, Moreno Valley, CA 92555 - Image 3
26287 Iris Ave E, Moreno Valley, CA 92555 - Image 4
View a Virtual Tour
Studio

Multi-Family Home for sale in Moreno Valley, CA

for $1,596,000 with 2 full baths. This 7,830 square foot home was built in 2006.

Do not Disturb Tenants!! Rare opportunity to own four individual condominiums built between 2006-2007, offered together as a unique portfolio. Each condominium has 3 bedrooms with open floorplans, in-unit laundry, HOA Amenities, Central Air/Heat, & two-car garages. The newer construction offers updated systems & energy-efficient features. All properties are in gated communities. 5.01% Cap Rate, 12.62 GRM, $271/sqft. Perfect for investors looking for newer construction, cash-flow, & potential to sell units individually in the future. See attached OM for additional information. See showing remarks for links to virtual tours of all units! -- 26287 Iris Ave #E (APN: 308612036) -- 26335 Iris Ave #D (APN: 308612065) -- 26279 Iris Ave #E (APN: 308612005) -- 15611 Lasselle St #21 (APN: 486561023)

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Multi-Family Active

Price

$ 1,596,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

2006

Town/City

Moreno Valley

County/Region

Riverside

MLS | Web ID

SB25223169

Days on Market

92

Features
General
Sewer Other
Heating Central
Cooling Central Air
Possession Close Of Escrow
HOA Fee 22476
Garage Spaces 10
Pool Features Association
Year Built 2006
Stories Count 2
Levels Two
Unit Number E
Property Subtype Condominium
Gross Income 134832
Community Features Lake Park
Additional Parcels Description 308612065 308612005 486561023
HOA Fee 2 2664
Assoc Fee Paid Per Annually
County Riverside
Net Operating Income 81222
Operating Expense 49565
Insurance Expense 4985
New Construction false
Property Type Residential Income
Association Amenities Outdoor Cooking Area Barbecue Picnic Area Playground Pet Restrictions Pets Allowed Recreation Room
HOA true
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Streets: Iris Ave & Camino Flores
City Moreno Valley
Entry Location 1
Senior Community Y/N false
Number Of Units Total 4
MLS Area 259 - Moreno Valley
Number of Units Leased 5
Listing Terms Cash Cash to New Loan 1031 Exchange
HOA Fee 2 Frequency Annually
Property Attached Y/N true
Land Lease Y/N false
Current Financing None
Trash Expense 0
Additional Parcels Y/N true
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 3
Total Actual Rent 11236
Property Sub Type Additional Condominium
Cap Rate 5.01
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Interior
Fireplace Features Living Room
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Inside
Entry Level 1
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Exterior
Parking Features Garage
Water Source See Remarks
Total Parking 10
Number of Buildings 4
Building Area Total 7830
Private Pool false
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

mspg416@yahoo.com

Email

Affordability Calculator

$9,957
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,957
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$1,596,000 -1.48% Price Down
11/20/2025$1,620,000 Listed Price

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26287 Iris Ave E, Moreno Valley, CA, 92555 is a Multi-Family Home for sale at $1,596,000 with 7,830 sqft. 26287 Iris Ave E is a studio with 2.0 baths and was built in 2006. The property's zip code is 92555 which is in Moreno Valley, CA