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.
Property Details
Price:
$3,295,000
MLS #:
26829225
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
259morenovalley
Listed Date:
May 4, 2026
Finished Sq Ft:
12,696
Total Sq Ft:
12,696
Lot Size:
39,640 sqft / 0.91 acres (approx)
Year Built:
1980
See this Listing
Schools
Interior
Levels
U
Exterior
Parking Spots
24
Parking Total
24
Financial
Map
Community
- Address24356 Webster AV Moreno Valley CA
- CityMoreno Valley
- CountyRiverside
- Zip Code92553
Market Summary
Current real estate data for Single Family in Moreno Valley as of May 04, 2026
531
Single Family Listed
56
Avg DOM
281
Avg $ / SqFt
$511,056
Avg List Price
Property Summary
- 24356 Webster AV Moreno Valley CA is a Single Family for sale in Moreno Valley, CA, 92553. It is listed for $3,295,000 and features 0 beds, 0 baths, and has approximately 12,696 square feet of living space, and was originally constructed in 1980. The current price per square foot is $260. The average price per square foot for Single Family listings in Moreno Valley is $281. The average listing price for Single Family in Moreno Valley is $511,056.
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