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$3,120,000
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Property Description
This is 16 residential income units, built on two lots with six APN's (482-080-002; 482-080-003; 482-080-004; 482-080-005; 482-080-006; 482-080-007) being sold together as a package. There are 5 one-bedroom units, 10 two-bedroom units, and 1 three-bedroom detached single family house. All units are occupied and rent producing. Also included is an on-site laundry room with income generating coin operated machines, and a large fenced maintenance area which includes a storage room and stand alone sheds. There is room on the lot to add additional units and lots of parking space. There are 7 Section 8 tenants and 9 market tenants, with many being long-term providing very stable income. Owner pays water, common area electricity, trash, and grounds maintenance. Here are the property street addresses: 24281-24297 Atwood Ave. & 13130-13160 Scotty Lane. Lots of potential for growth or new development! Copies of 2023 appraisals can be provided upon request.
Full Property Details
Full Property Details for 24281 Atwood Ave
General
- Sold For: $3,120,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: IV25242193
- Added to Site: 93 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Location
- Area: 259 - Moreno Valley
- County: Riverside
- Development Name: 259 - Moreno Valley
- Driving Directions: On Atwood Ave. between Heacock St. & Indian St.
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 12
- # Gas Meters: 16
- # Electric Meters: 16
Structural Information
- Entry Location: Front
- Square Feet: 11,242
- Year Built: 1953
Unit Information
Unit 1
- Number of Units: 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 10
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 1.82
- Lot Size Source: Public Records
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $277.53
- Price Per Unit: 218750
Listed by Wsr Real Estate, CORDELL MCDONALD
Sold by Mz Brokerage Inc., Michael Garcia
Get Pre-Approved Today
Schools
Schools serving 24281 Atwood Ave
School District:Moreno Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Sunnymead Elementary School 24050 Dracaea Avenue, Moreno Valley, CA 92553 | K-5 | 0.2 mi |
Sunnymead Middle School 23996 Eucalyptus Avenue, Moreno Valley, CA 92553 | 6-8 | 0.4 mi |
Moreno Valley High School 23300 Cottonwood Avenue, Moreno Valley, CA 92553 | 9-12 | 1 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 24281 Atwood Ave
Date
Details
Price
Change
Source
12/02/2025
Sold
$3,120,000
-10.86%
MLS
10/24/2025
Listed
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
24281 Atwood Avenue, Moreno Valley, CA 92553 (MLS# IV25242193) is a Multi-Family property that was sold at $3,120,000 on December 02, 2025. Want to learn more about 24281 Atwood Avenue? 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.

