Moreno Valley, CA 92553,24281 Atwood AVE
Moreno Valley, CA 92553,24281 Atwood AVE
Moreno Valley, CA 92553,24281 Atwood AVE
17
$3,120,000
$3,500,000
10.9%
Est.Price: ?

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1 Sqft Lot

24281 Atwood AVE Moreno Valley, CA 92553

Est. payment /mo
SOLD DATE : 12/02/2025

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Key Details

Sold Price $3,120,000

Property Type Residential Income

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IV25242193

Year Built 1953

Lot Size 1 Sqft

Property Sub-Type Apartment

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.

Location

State CA

County Riverside

Area 259 - Moreno Valley

Interior

Heating Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplaces Type None

Laundry Common Area

Exterior

Pool None

Community Features Suburban

Building

Lot Description 6-10 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by CORDELL MCDONALD WSR REAL ESTATE 909-525-7260
Bought with Michael Garcia MZ BROKERAGE INC.
Dusty Brazil
Dusty Brazil

Agent | License ID: 01780273

+1(760) 207-7245 | dustybrazil@gmail.com

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