24271 Webster Avenue, Moreno Valley, CA 92553 - Berkshire Hathaway HomeServices California Properties
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24271 Webster Avenue, Moreno Valley, CA 92553

$3,295,000 Approx. USD 0 beds, 0 baths
11,208 sqft
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Listing Agent


Oscar Diaz | Oscar.Diaz@marcusmillichap.com
Lic#: 02022902
Broker: Courtesy of Marcus & Millichap

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25531739
Price: $3,295,000
Beds: 0
Baths: 0
Built in 1983
11,208 sqft
2 stories
0.91 acres
Lot size: 0.9100
County: Riverside
Zoning: R2
MLS area: 259 - Moreno Valley

Last Updated: 6/14/2025

 Days On Market (DOM): 74

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This listing belongs to the 259 - Moreno Valley MLS area

Lat/Long: 33.936750, -117.239206.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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