Back 24271 Webster Avenue
Off Market

24271 Webster Avenue

Moreno Valley CA 92553

11208 sq. ft.
39640 sq. ft.
Other
Last sold for $3,153,000
Oscar DiazOscar Diaz, last sold this property on 30 December 2025 after 244 days on market.

Overview

We are pleased to present Casa Buena at 24271 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 6.09% cap rate and 10.95 GIM, offering stable in-place income with upside through continued rent growth. An adjacent 14-unit sister property with identical unit mix and layout Casa Lynnda at 24356 Webster Avenue 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.

Features

11208 sq. ft. floor area
39640 sq. ft. lot size
Other

Estimated Value

Based on this property and similar other properties sold in Moreno Valley over the last 12 months, the estimated median property value of 24271 Webster Avenue is $190k.

Median value
$190k
Estimated value range
$34.8k - $3.15m
Median days on market
83
Estimated value trend
-44%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Moreno Valley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24271 Webster Avenue

2025
Sold
$3,153,000
30 Dec 2025 by Oscar Diaz, of Marcus & Millichap

Happy sellers in Moreno Valley

74%
74% of sellers in Moreno Valley reported that their sale price either exceeded or met their price expectations.

Moreno Valley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Moreno Valley over the last 12 months.

Local market activity for other properties in Moreno Valley

In the last 12 months, 7 other properties similar to 24271 Webster Avenue, have been sold.

This represents a 43% increase in other properties sales when compared to the previous 12 months.

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