24356 Webster Ave, Moreno Valley, CA 92553 - View 1
24356 Webster Ave, Moreno Valley, CA 92553 - View 2
24356 Webster Ave, Moreno Valley, CA 92553 - View 3
24356 Webster Ave, Moreno Valley, CA 92553 - View 4
24356 Webster Ave, Moreno Valley, CA 92553 - View 5
24356 Webster Ave, Moreno Valley, CA 92553 - View 6
24356 Webster Ave, Moreno Valley, CA 92553 - View 7
24356 Webster Ave, Moreno Valley, CA 92553 - View 8
24356 Webster Ave, Moreno Valley, CA 92553 - View 9
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24356 Webster Ave, Moreno Valley, CA 92553

List Price: $3,295,000On Market FlagOn market
Apr 29, 202512,696 sqft0 beds0 baths
Listed by: Oscar Diaz
License #: 02022902
Phone #: 213-943-1884
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 25531765

Property Description

We are 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 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 5.82% cap rate and 11.31 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$42,753

TurboHome Estimated Value

$3,072,600

$242 sqft

High Valuation
$3,226,230
$254/sqft
Normal Valuation
$3,072,600
$242/sqft
Low Valuation
$2,918,970
$230/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$242/sqft$3,072,600

Location

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