24380 Ironwood Moreno Valley, CA $ 729,500
24380 Ironwood
$ 729,500
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24380 Ironwood

Moreno Valley, CA, 92557
$ 729,500
Baths1.0 Sq 2,150

Monthly Estimate*

$ 4,492

Listed by REALICORE
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Studio

Multi-Family Home for sale in Moreno Valley, CA

for $729,500 with 1 full bath. This 2,150 square foot home was built in 1949 on a lot size of 0.45.

Pride of ownership triplex on a large lot in growing area of Moreno Valley. New Sprouts, Starbucks and more just opened a block away. Triplex consists of a 2 bed, 1 bath front house, and two 1 bed, 1 bath units in the back. Potential for detached garage to be converted into a 4th unit. All units have their own garage. New roof installed in 2023. Property has long-term, reliable tenants that are all month to month. Unit #82 could be available for owner-user to move in. Rents are below market and provide an opportunity for an investor to increase rents or for someone to move into one of the units and make rental income off of the other units to offset the mortgage. Plenty of space for parking or even adding an additional unit. Property has been well maintained by property owner. Great location north of the 60 freeway. Short distance to Riverside, Ontario, Palm Springs, etc. Other recent upgrades include: Mini splits for back units in 2022, exterior of the house was painted back in 2020, interiors were painted within the last 5 years, new roof in 2023, new front house water heater in 2021, new wood fence along back of property, separating backyards in 2023. Buyer to complete their own due diligence.

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Multi-Family Active

Price

$ 729,500

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.45

Year Built

1949

Town/City

Moreno Valley

County/Region

Riverside

MLS | Web ID

IG26118184

Days on Market

1

Features
General
Sewer Public Sewer
Heating Central
Garage Spaces 3
Pool Features None
Year Built 1949
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 51000
Community Features Sidewalks
County Riverside
Net Operating Income 46860
Operating Expense 4140
Insurance Expense 0
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Ironwood
City Moreno Valley
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area 259 - Moreno Valley
Lot Size Units Square Feet
Lot Size Square Feet 19602
Listing Terms Cash Conventional 1031 Exchange FHA Submit VA Loan
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 100
Water Sewer Expense 120
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 61
Property Sub Type Additional Triplex
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Interior
Total Stories 1
Common Walls No Common Walls
Heating Y/N true
Laundry Features In Garage
Entry Level 1
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Exterior
Lot Features Rectangular Lot
Water Source Public
Total Parking 3
Lot Size Area 19602
Number of Buildings 2
Building Area Total 2150
Lot Size Acres 0.45
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 0
Number of Separate Electric Meters 3
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* Excluded Features
List By
Realicore

Broker

dfriedman@realicore.com

Email

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$4,492
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Monthly Principal & Interest
$4,492
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Default based on a 30-year fixed rate of 6.25% 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
6/1/2026$729,500 Listed Price

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24380 Ironwood, Moreno Valley, CA, 92557 is a Multi-Family Home for sale at $729,500 with 2,150 sqft and a lot size of 0.45. 24380 Ironwood is a studio with 1.0 baths and was built in 1949. The property's zip code is 92557 which is in Moreno Valley, CA