24271 Webster Avenue Moreno Valley, CA $ 3,295,000
24271 Webster Avenue
$ 3,295,000
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24271 Webster Avenue

Moreno Valley, CA, 92553
$ 3,295,000
Baths4.0 Sq 11,208

Monthly Estimate*

$ 20,557

Listed by Marcus & Millichap
24271 Webster Avenue, Moreno Valley, CA 92553 - Image 1
24271 Webster Avenue, Moreno Valley, CA 92553 - Image 2
24271 Webster Avenue, Moreno Valley, CA 92553 - Image 3
24271 Webster Avenue, Moreno Valley, CA 92553 - Image 4
24271 Webster Avenue, Moreno Valley, CA 92553 - Image 5
24271 Webster Avenue, Moreno Valley, CA 92553 - Image 6
24271 Webster Avenue, Moreno Valley, CA 92553 - Image 7
24271 Webster Avenue, Moreno Valley, CA 92553 - Image 8
24271 Webster Avenue, Moreno Valley, CA 92553 - Image 9
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Studio

Multi-Family Home for sale in Moreno Valley, CA

for $3,295,000 with 4 full baths. This 11,208 square foot home was built in 1983 on a lot size of 0.91.

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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Multi-Family Contingent

Price

$ 3,295,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.91

Year Built

1983

Town/City

Moreno Valley

County/Region

Riverside

MLS | Web ID

25531739

Days on Market

224

Features
General
Living Area 11208
Zoning R2
Year Built 1983
Stories Count 2
Levels Two
Gross Income 292094
County Riverside
Net Operating Income 200571
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active Under Contract
Directions To reach 24271 Webster Ave in Moreno Valley from the I-15 and I-10 freeway junction take I-10 E toward San Bernardino. Merge onto I-215 S continue south and exit at Eucalyptus Ave. Head east on Eucalyptus Ave then turn right onto Webster Ave. The destination will be on your right.
City Moreno Valley
Senior Community Y/N false
Number Of Units Total 14
MLS Area 259 - Moreno Valley
Lot Size Units Square Feet
Lot Size Square Feet 39640
Standard Status Active Under Contract
Cap Rate 6.09
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Interior
Total Stories 2
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 0
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 39640
Number of Buildings 1
Building Area Total 11208
Lot Size Acres 0.91
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* Excluded Features
List By
Marcus & Millichap

Broker

Oscar.Diaz@marcusmillichap.com

Email

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$20,557
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$20,557
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,295,000 Listed Price

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24271 Webster Avenue, Moreno Valley, CA, 92553 is a Multi-Family Home for sale at $3,295,000 with 11,208 sqft and a lot size of 0.91. 24271 Webster Avenue is a studio with 4.0 baths and was built in 1983. The property's zip code is 92553 which is in Moreno Valley, CA