24356 Webster Avenue, Moreno Valley, CA 92553
Local realty services provided by:CENTURY 21 Discovery
24356 Webster Avenue,Moreno Valley, CA 92553
$3,295,000
- - Beds
- - Baths
- 12,696 sq. ft.
- Multi-family
- Active
Listed by: oscar diaz
Office: marcus & millichap310-909-5500
MLS#:26829225
Source:CRMLS
Price summary
- Price:$3,295,000
- Price per sq. ft.:$259.53
About this home
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....
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Home facts
- Year built:1980
- Listing ID #:26829225
- Added:2 day(s) ago
- Updated:May 07, 2026 at 10:32 AM
Rooms and interior
- Living area:12,696 sq. ft.
Structure and exterior
- Year built:1980
- Building area:12,696 sq. ft.
- Lot area:0.91 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,295,000
- Price per sq. ft.:$259.53
Parking
- Total parking spaces:24
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