24271 Webster Avenue, Moreno Valley, CA 92553
Local realty services provided by:ERA North Orange County Real Estate
24271 Webster Avenue,Moreno Valley, CA 92553
$3,295,000
- - Beds
- - Baths
- 11,208 sq. ft.
- Multi-family
- Active
Listed by:oscar diaz
Office:marcus & millichap
MLS#:25531739
Source:CRMLS
Price summary
- Price:$3,295,000
- Price per sq. ft.:$293.99
About this home
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 6.09% cap rate and 10.95 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.
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Home facts
- Year built:1983
- Listing ID #:25531739
- Added:155 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Living area:11,208 sq. ft.
Structure and exterior
- Year built:1983
- Building area:11,208 sq. ft.
- Lot area:0.91 Acres
Finances and disclosures
- Price:$3,295,000
- Price per sq. ft.:$293.99
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