$3,295,000

24356 Webster Ave Moreno Valley, CA 92553

Sunnymead Neighborhood

Estimated payment $20,850/month

Total Views 11,081
-- Bed
-- Bath
12,696 Sq Ft
$260 Price per Sq Ft

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 same block in a growing Inland Empire market.

Listing Agent

Oscar Diaz

Marcus & Millichap License #02022902 Listed on: 04/29/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 132x300

Interior Spaces

  • 12,696 Sq Ft Home
  • 2-Story Property

Community Details

  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 481-140-023

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 12696
  • Lot Acreage: 0.9100
  • Lot Dimensions: 132x300
  • Stories: 2
  • Year Built: 1980
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 259.53

Exterior Features

  • Other Structures: None

Lot Info

  • Assessed Improvement Percent: 72.41
  • Assessed Improvement Value: 1194718
  • Assessed Land Percent: 27.59
  • Assessed Land Value: 455130
  • Total Assessed Value: 1649848
  • Assessor Parcel Number: 481-140-023
  • Lot Size Area: 39640

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.31
  • Number Of Units: 14
  • Total Annual Expense: 91062
  • Type Of Units: 0
  • Vacancy Rate: 0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 For Sale $3,295,000 -- $260 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25531765

The MLS

APN: 481-140-023

California Riverside County Moreno Valley 92553 Sunnymead

24356 Webster Ave, Moreno Valley, CA

This home is located at 24356 Webster Ave, Moreno Valley, CA 92553 and is currently priced at $3,295,000, approximately $259 per square foot. This property was built in 1980. 24356 Webster Ave is a home located in Riverside County with nearby schools including Sunnymead Elementary School, Sunnymead Middle School, and Moreno Valley High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Oscar Diaz
Listing Agent
Oscar Diaz
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Marcus & Millichap
(951) 584-2110