24356 Webster Ave, Moreno Valley, CA 92553
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24356 Webster Ave, Moreno Valley, CA 92553
24356 Webster Ave, Moreno Valley, CA 92553
24356 Webster Ave, Moreno Valley, CA 92553
24356 Webster Ave, Moreno Valley, CA 92553
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George Salazar

George Salazar

+1(310) 400-6756
$ 3,295,000
Est. payment /mo
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Active

24356 Webster Ave Moreno Valley, CA 92553

12,696 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,696 sqft

Price per Sqft $259

MLS Listing ID 26829225

Year Built 1980

Lot Size 0.910 Acres

Acres 0.91

Property Sub-Type Multi-Family

Property Description

We are pleased to present Casa Lynnda, a 14 unit multifamily investment opportunity located at 24356 Webster Avenue in the Sunnymead neighborhood of Moreno Valley. The property is ideally situated just south of Sunnymead Boulevard with convenient access to the 60 Freeway via the Heacock Street exit, offering a balance of a quiet residential setting and close proximity to major retail, employment centers, and transportation corridors. Constructed in 1980, Casa Lynnda is a gated, courtyard style apartment community positioned on an expansive approximately 39,640 square foot lot. The property is zoned R2 and features a well designed layout that includes 24 on site parking spaces and a central courtyard that enhances the overall tenant experience. The unit mix consists of ten two bedroom one bathroom units and four one bedroom one bathroom units, providing functional floor plans that appeal to a wide range of renters. The property offers desirable amenities including secured entry, a well maintained courtyard environment, on site laundry, and ample parking, all located on a low traffic street. Residents benefit from close proximity to Moreno Valley Mall, nearby schools, parks, and the region's major employment hubs within the Inland Empire. Casa Lynnda is being offered at a 6% cap rate and a 10.98 gross income multiplier, presenting investors with stable in place income and the opportunity to further enhance returns through continued operational efficiencies and strategic unit upgrades. Moreno Valley continues to experience steady growth supported by its relative affordability, strong freeway connectivity, and access to major logistics and employment centers throughout the Inland Empire. With rental rates remaining accessible relative to local incomes, the market continues to demonstrate consistent tenant demand and long term investment fundamentals.

Location

State CA

County Riverside

Area Moreno Valley

Zoning R2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 24.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by Marcus & Millichap
George Salazar

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

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24356 Webster Ave