SoldDec 30, 2025

Listed and Bought with Oscar Diaz from Marcus & Millichap

Source: Combined LA Westside Multiple Listing Service, Inc #25531739

24271 Webster Avenue, Moreno Valley, CA, 92553

$3,153,000

11208 sq. ft.
39640 sq. ft.

Other

30+ days on the market

Sold: Dec 30, 2025

What's around 24271 Webster Avenue

About this property

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.

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