CA > Moreno Valley
Moreno Valley, CA 92553,24271 Webster Ave
Moreno Valley, CA 92553,24271 Webster Ave
Moreno Valley, CA 92553,24271 Webster Ave
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$3,295,000
Est. payment /mo
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11,208 SqFt
Active

24271 Webster Ave Moreno Valley, CA 92553

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Kristen Riffle

Kristen Riffle

+1(702) 497-0730

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,208 sqft

Price per Sqft $293

MLS Listing ID 25531739

Year Built 1983

Lot Size 0.910 Acres

Acres 0.91

Property Sub-Type Multi-Family

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

Area Moreno Valley

Zoning R2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap
agent
Kristen Riffle

Agent | RE. S.0177577

+1(702) 497-0730 | [email protected]

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24271 Webster Ave