24271 Webster Avenue
Moreno Valley, CA 92553
- – beds
- – baths
- – sqft
- ~1 acre lot
- 1983 build
- – on site
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 5.90% cap rate and 11.21 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.
Last checked:
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Last updated Apr 30, 2025
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MLS# 25531739 —
The Building
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Year Built:1983
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New Construction:No
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Building Area Total:11208.00
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Total Number Of Units:14
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:To reach 24271 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. The destination will be on your right.
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Latitude:33.93675000
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Longitude:-117.23920600
The Property
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Property Type:Residential Income
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Zoning:R2
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Lot Size Area:39640.0000
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Lot Size Acres:0.9100
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Lot Size SqFt:39640.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:481150001
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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4/29/25
Apr 29, 2025
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Listed / Active | CRMLS_CA | $3,295,000 | 19.8% (2.3% / YR) |
10/12/16
Oct 12, 2016
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CRMLS_CA | $2,750,000 |