Multifamily
24356 Webster Ave
24356 Webster Ave, Moreno Valley, CA 92553
Listing Price: $3,295,000
Investment Overview
Marcus & Millichap is 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.
24356 Webster Ave
Investment Highlights
- Includes (4) 1-Bed/1-Bath and (10) 2-Bed/1-Bath units, offering strong appeal to workforce renters and small families.
- Garden-style design on a 39,640 SF lot with 12,696 SF of living space across 14 units, and 24 rear parking spaces providing ample on-site parking.
- Minutes from the Moreno Valley Mall, Kaiser Permanente Medical Center, and Amazon's massive fulfillment center — all key job drivers in the area.
Exclusively Listed By
Financing By
Listing Price: $3,295,000
Investment Highlights
- Includes (4) 1-Bed/1-Bath and (10) 2-Bed/1-Bath units, offering strong appeal to workforce renters and small families.
- Garden-style design on a 39,640 SF lot with 12,696 SF of living space across 14 units, and 24 rear parking spaces providing ample on-site parking.
- Minutes from the Moreno Valley Mall, Kaiser Permanente Medical Center, and Amazon's massive fulfillment center — all key job drivers in the area.
Investment Overview
Marcus & Millichap is 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.
Exclusively Listed By
Financing By
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