CA > Moreno Valley
Moreno Valley, CA 92553,24271 Webster Avenue
Moreno Valley, CA 92553,24271 Webster Avenue
Moreno Valley, CA 92553,24271 Webster Avenue
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Danielle Broad

Danielle Broad

+1(925) 383-9200
$3,295,000
Est. payment /mo
11,208 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,208 sqft

Price per Sqft $293

MLS Listing ID CL25531739

HOA Y/N No

Year Built 1983

Lot Size 0.910 Acres

Acres 0.91

Property Sub-Type Other

Property Description

We are pleased to present Casa Buena at 24271 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 24 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 5.90% cap rate and 11.21 GIM, offering stable in-place income with upside through continued rent growth. An adjacent 14-unit sister property with identical unit mix and layout Casa Lynnda at 24356 Webster Avenue 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.

Location

State CA

County Riverside

Zoning R2

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 481150001

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Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Oscar Diaz • Marcus & Millichap
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+1(925) 383-9200

smiles4dee@gmail.com

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