24356 Webster Ave , Moreno Valley, CA 92553
$3,295,000
Est. Payment: $16,579.92/mo
3 Bed
2 Bath
12696 Sqft
Status: active | Days on site: 8
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

We are pleased to present Casa Lynnda, a 14 unit multifamily investment opportunity located at 24356 Webster Avenue in the Sunnymead neighborhood of Moreno Valley. The property is ideally situated just south of Sunnymead Boulevard with convenient access to the 60 Freeway via the Heacock Street exit, offering a balance of a quiet residential setting and close proximity to major retail, employment centers, and transportation corridors. Constructed in 1980, Casa Lynnda is a gated, courtyard style apartment community positioned on an expansive approximately 39,640 square foot lot. The property is zoned R2 and features a well designed layout that includes 24 on site parking spaces and a central courtyard that enhances the overall tenant experience. The unit mix consists of ten two bedroom one bathroom units and four one bedroom one bathroom units, providing functional floor plans that appeal to a wide range of renters. The property offers desirable amenities including secured entry, a well maintained courtyard environment, on site laundry, and ample parking, all located on a low traffic street. Residents benefit from close proximity to Moreno Valley Mall, nearby schools, parks, and the region's major employment hubs within the Inland Empire. Casa Lynnda is being offered at a 6% cap rate and a 10.98 gross income multiplier, presenting investors with stable in place income and the opportunity to further enhance returns through continued operational efficiencies and strategic unit upgrades. Moreno Valley continues to experience steady growth supported by its relative affordability, strong freeway connectivity, and access to major logistics and employment centers throughout the Inland Empire. With rental rates remaining accessible relative to local incomes, the market continues to demonstrate consistent tenant demand and long term investment fundamentals.

Highlights

Listed by Oscar Diaz , 213-943-1884 Marcus & Millichap , 310-909-5500. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.91

Year Built

1980

County

Riverside

Area

259 - Moreno Valley

Listing ID

26829225

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Lot Dimensions:132x300
Garage Capacity:24
Zoning:R2
Others:2+ Total Units
Principal Interest
$16,580
Taxes
$2,101

Home Price

$3,295,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$659,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,579.92

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,579.92 $2,100.56 $0.00 $18,680.48
Yearly $198,959.03 $25,206.75 $0.00 $224,165.78
Total $5,968,770.87 $756,202.50 $0.00 $6,724,973.37

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Current Listings

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Average Price

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Moreno Valley, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T14:37:52.000Z

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