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.
For sale
$3,295,000
24356 Webster Ave, Moreno Valley, CA 92553
--beds
0baths
12,696sqft
Est.:
Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$260/sqft
$-- HOA
What's special
Functional layoutsGated courtyard-style layoutCentral common areaQuiet residential settingAmple on-site parkingOn-site laundry
- 103 days
- on Zillow |
- 86 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: June 10, 2025 at 05:46am
Listed by:
Oscar Diaz DRE # 02022902 213-999-2124,
Marcus & Millichap 310-909-5500
Source: CLAW,MLS#: 25531765

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 12,696
- Total interior livable area: 12,696 sqft
Property
Parking
- Parking features: Other
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.91 Acres
- Dimensions: 132 x 300
Details
- Additional structures: None
- Zoning: R2
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1980
Community & HOA
Location
- Region: Moreno Valley
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $1,649,848
- Date on market: 4/30/2025
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