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$3,153,000
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Property Description
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.
Full Property Details
Full Property Details for 24271 Webster Ave
General
- Sold For: $3,153,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25531739
- Added to Site: 262 day(s) ago
Additional Information
- Other Features: None
Parking
- Garage Description: Other
Location
- Area: Moreno Valley
- County: Riverside
- Driving 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.
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 11,208
- Sq. Ft. Source: Appraiser
- Year Built: 1983
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 14
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 10
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.91
- Lot Size: 39640
- Lot Size Source: Vendor Enhanced
- Zoning: R2
Financial Considerations
- Price Per Sq. Ft.: $293.99
- Assessment Year: 1983
Disclosures and Reports
- Disclosures/Reports: None
- APN: 481-150-001
Listed and Sold by Marcus & Millichap, Oscar Diaz
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Schools
Schools serving 24271 Webster Ave
School District:Moreno Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Sunnymead Elementary School 24050 Dracaea Avenue, Moreno Valley, CA 92553 | K-5 | 0.6 mi |
Sunnymead Middle School 23996 Eucalyptus Avenue, Moreno Valley, CA 92553 | 6-8 | 0.5 mi |
Moreno Valley High School 23300 Cottonwood Avenue, Moreno Valley, CA 92553 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24271 Webster Ave
Date
Details
Price
Change
Source
12/30/2025
Sold
$3,153,000
-4.31%
MLS
4/29/2025
Listed
$3,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
24271 Webster Ave, Moreno Valley, CA 92553 (MLS# 25531739) is a Multi-Family property that was sold at $3,153,000 on December 30, 2025. Want to learn more about 24271 Webster Ave? Do you have questions about finding other Multi-Family real estate for sale in Moreno Valley? You can browse all Moreno Valley real estate or contact a Coldwell Banker agent to request more information.

