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$3,295,000
12 Days On Site

24356 Webster Avenue
Moreno Valley, CA 92553

For Sale|Residential Income|Active
0
Beds
0
Full Baths
0
Partial Baths
12,696
SqFt
$260
/SqFt
1980
Built
County:
Riverside
Listed by Oscar Diaz of Marcus & Millichap [email protected]

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24356 Webster Avenue24356 Webster Avenue24356 Webster Avenue24356 Webster Avenue
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We are pleased to present Casa Lynnda at 24356 Webster Avenue, a 14-unit multifamily property located in Moreno Valley's Sunnymead neighborhood. Built in 1980, the asset features a gated, courtyard-style layout with a clean central common area and ample on-site parking. The unit mix includes ten 2-bedroom/1-bath units and four 1-bedroom/1-bath units, offering functional layouts well-suited to the area's strong tenant base. The 39,640 sq. ft. lot (0.91 acres) is zoned R2 and provides 14 parking spaces, on-site laundry, and a quiet residential setting just minutes from Sunnymead Blvd, the 60 Freeway, Moreno Valley Mall, and nearby job hubs. The property is currently operating at a 5.65% cap rate and 11.55 GIM, offering stable in-place income with upside through continued rent growth. An adjacent 14-unit sister property with identical unit mix and layout 24271 Webster Ave is also available for sale. Investors may purchase one or both, presenting the opportunity to own 28 units on the same block in a growing Inland Empire market.

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Listing Snapshot
Price 
$3,295,000
Days On Site 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,696 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.91 Acres
Year Built 
1980
MLS® Number 
25531765
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.91
Number Of Stories 
2
Special Circumstances 
Standard
SqFt Total 
12696
Stories 
Two
Zoning 
R2
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Community Features
MLS Area 
259 - Moreno Valley


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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