24356 Webster Avenue, Moreno Valley, CA 92553

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24356 Webster Avenue,Moreno Valley, CA 92553
$3,295,000
  • - Beds
  • - Baths
  • 12,696 sq. ft.
  • Multi-family
  • Active
Listed by:oscar diaz
Office:marcus & millichap
MLS#:25531765
Source:CRMLS

Price summary

  • Price:$3,295,000
  • Price per sq. ft.:$259.53

About this home

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 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 5.82% cap rate and 11.31 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

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Home facts

  • Year built:1980
  • Listing Id #:25531765
  • Added:106 day(s) ago
  • Updated:August 13, 2025 at 01:10 PM

Rooms and interior

  • Living area:12,696 sq. ft.

Structure and exterior

  • Year built:1980
  • Building area:12,696 sq. ft.
  • Lot area:0.91 Acres

Finances and disclosures

  • Price:$3,295,000
  • Price per sq. ft.:$259.53
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . 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. 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, 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. 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.

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