Description
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 14 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 5.65% cap rate and 11.55 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.
Property Type
Residential IncomeCounty
RiversideStyle
Residential IncomeAD ID
49552636
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 0
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Exterior Features
Building Information
- Year Built: 1980
- Building Area Total: 12,696
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.91
- Lot Size Dimensions: 132x300
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 39640
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Listing Information
Listing Price Information
- Original List Price: 3,295,000
- Listing Contract Date: 2025-04-29
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 481140023
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 259 - Moreno Valley
- Directions: To reach 24356 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. Continue south; the destination will be on your left.
- Zoning: R2
- Source Property Type: Residential Income
- Area: 259 - Moreno Valley
Building and Construction
- Property Age: 45
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 12696
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 05/12/2025 @ 20:32
- MLS: 25531765
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 12,696 sqft, 39,640 sized lot, and 0 parking. are nearby neighborhoods.