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    Moreno Valley, CA Apartment Buildings for Sale

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    Moreno Valley Multifamily Investment Opportunity
    Updated: Nov 19, 2024
    Moreno Valley Multifamily Investment Opportunity

    24238 Postal Avenue, Moreno Valley, CA 92553

    $1,165,000
    3,600 sqft
    Completely renovated inside and out in 2021.
    Six 1‑bedroom, 1‑bath units.
    All units currently occupied with excellent tenants.
    Ideal for 1031 exchange or investor.
    Close to shopping center.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    24238 Postal Avenue, Moreno Valley, CA 92553

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $55K
      Annual

    • Mortgage

      $132K
      Mar 2002

    • Last Sold

      Jun 2021
      $650K

    • Property Type

      Apartment House
      Built 1979
    View Property Analytics
    Mixed-Use Zoned Land Parcel
    Updated: Jan 5
    Mixed-Use Zoned Land Parcel

    25767 Alessandro Boulevard, Moreno Valley, CA 92553

    $585,000
    0.54 AC lot
    Prime location on Alessandro Blvd. in Moreno Valley downtown.
    Investment opportunity for small and medium investors.
    Preliminary plans for a duplex townhouse complex (8‑10 units).
    Potential for mixed‑use development.
    Street‑front land.
    View details
    Moreno Valley Hotel Conversion Opportunity
    Moreno Valley Hotel Conversion Opportunity

    23090 Sunnymead Blvd, Moreno Valley, CA 92553

    $10,850,000
    29,669 sqft

    62-room hotel suitable for conversion to affordable housing.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Moreno Valley, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Contemporary Multifamily Apartment Building
    Contemporary Multifamily Apartment Building

    5746 Tilton, Jurupa Valley, CA 92509

    $2,680,000
    0.24 AC lot

    For sale multifamily property in Jurupa Valley on a compact lot, offering an income-focused residential configuration.

    View details
    Riverside Multifamily Investment Opportunity
    Riverside Multifamily Investment Opportunity

    1480 7th Street, Riverside, CA 92507

    $5,595,000
    22,798 sqft 0.82 AC lot

    22,798 SF multifamily property with recent renovations and rental upside.

    View details
    Prime Corner Lot Development Opportunity
    Prime Corner Lot Development Opportunity

    220 W Big Springs Rd, Riverside, CA 92507

    $1,300,000
    0.60 AC lot

    Corner lot near UCR with development plans for apartment complex.

    View details
    Garden-Style 8-Unit Apartment Building
    Garden-Style 8-Unit Apartment Building

    3295 Rubidoux, Jurupa Valley, CA 92509

    $1,680,000

    Eight-unit garden-style property with recent plumbing, window, and electrical upgrades and on-site laundry functionality.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    San Jacinto Land with Utilities
    San Jacinto Land with Utilities

    Rosario, San Jacinto, CA 92583

    $155,000
    0.33 AC lot

    Unique lot with utilities available for multiple residential uses.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

    View details

    Off-Market Properties in Moreno Valley, CA

    Consider similar Off-Market properties in Moreno Valley, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    22850 Allies Pl
    APARTMENT HOUSE (5+ UNITS)

    22850 Allies Pl, Moreno Valley, CA 92553-8721

    Value Estimation by Request
    2,298 sqft 0.34 AC lot
    View details
    24271 Webster Ave
    APARTMENT HOUSE (5+ UNITS)

    24271 Webster Ave, Moreno Valley, CA 92553-7727

    $2,740,000
    Estimated value
    11,208 sqft 0.91 AC lot
    View details
    24291 Atwood Ave
    APARTMENT HOUSE (5+ UNITS)

    24291 Atwood Ave, Moreno Valley, CA 92553-3135

    Value Estimation by Request
    888 sqft 0.46 AC lot
    View details
    24344 Eucalyptus Ave
    APARTMENT HOUSE (5+ UNITS)

    24344 Eucalyptus Ave, Moreno Valley, CA 92553-3180

    $525,000
    Estimated value
    0.45 AC lot
    View details
    13873 Courage St
    APARTMENT HOUSE (5+ UNITS)

    13873 Courage St, Moreno Valley, CA 92553-8732

    $980,000
    Estimated value
    4,221 sqft 0.17 AC lot
    View details
    21863 Dracaea Ave
    APARTMENT HOUSE (5+ UNITS)

    21863 Dracaea Ave, Moreno Valley, CA 92553-8038

    Value Estimation by Request
    1.61 AC lot
    View details
    22838 Adrienne Ave
    APARTMENT HOUSE (5+ UNITS)

    22838 Adrienne Ave, Moreno Valley, CA 92553-8774

    $605,000
    Estimated value
    3,918 sqft 0.17 AC lot
    View details
    13400 Elsworth St
    APARTMENT HOUSE (100+ UNITS)

    13400 Elsworth St, Moreno Valley, CA 92553-8494

    Value Estimation by Request
    33,268 sqft 9.63 AC lot
    View details
    13915 Frederick St, Unit M
    APARTMENT HOUSE (5+ UNITS)

    13915 Frederick St, Moreno Valley, CA 92553-8641

    Unit M
    $1,760,000
    Estimated value
    4,200 sqft 0.33 AC lot
    View details
    12046 Clark St
    APARTMENT HOUSE (100+ UNITS)

    12046 Clark St, Moreno Valley, CA 92557-8532

    $1,460,000
    Estimated value
    2,565 sqft 12.13 AC lot
    View details
    22876 Allies Pl
    APARTMENT HOUSE (5+ UNITS)

    22876 Allies Pl, Moreno Valley, CA 92553-8725

    Value Estimation by Request
    2,298 sqft 0.17 AC lot
    View details
    22557 Adrienne Ave
    APARTMENT HOUSE (5+ UNITS)

    22557 Adrienne Ave, Moreno Valley, CA 92553-8539

    $825,000
    Estimated value
    1,632 sqft 0.19 AC lot
    View details
    24360 Myers Ave
    APARTMENT HOUSE (5+ UNITS)

    24360 Myers Ave, Moreno Valley, CA 92553-2845

    Value Estimation by Request
    360 sqft 0.91 AC lot
    View details
    22116 Bay Ave
    APARTMENT HOUSE (5+ UNITS)

    22116 Bay Ave, Moreno Valley, CA 92553-8223

    $1,700,000
    Estimated value
    504 sqft 4.35 AC lot
    View details
    24730 Atwood Ave
    APARTMENT HOUSE (5+ UNITS)

    24730 Atwood Ave, Moreno Valley, CA 92553-3798

    Value Estimation by Request
    0.94 AC lot
    View details
    13200 Tacoma Dr
    APARTMENT HOUSE (5+ UNITS)

    13200 Tacoma Dr, Moreno Valley, CA 92553-4255

    $1,050,000
    Estimated value
    1.03 AC lot
    View details
    21770 Dracaea Ave
    APARTMENT HOUSE (5+ UNITS)

    21770 Dracaea Ave, Moreno Valley, CA 92553-8036

    Value Estimation by Request
    1,057 sqft 0.49 AC lot
    View details
    22888 Adrienne Ave
    APARTMENT HOUSE (5+ UNITS)

    22888 Adrienne Ave, Moreno Valley, CA 92553-8783

    $715,000
    Estimated value
    3,108 sqft 0.17 AC lot
    View details
    24236 Webster Ave
    APARTMENT HOUSE (5+ UNITS)

    24236 Webster Ave, Moreno Valley, CA 92553-7721

    $695,000
    Estimated value
    876 sqft 0.93 AC lot
    View details
    21874 Alessandro Blvd
    APARTMENT HOUSE (5+ UNITS)

    21874 Alessandro Blvd, Moreno Valley, CA 92553-8266

    $810,000
    Estimated value
    1.44 AC lot
    View details
    22893 Adrienne Ave
    APARTMENT HOUSE (5+ UNITS)

    22893 Adrienne Ave, Moreno Valley, CA 92553-8799

    Value Estimation by Request
    0.20 AC lot
    View details

    Moreno Valley, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Moreno Valley, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 33,269 square feet of properties for sale, with an estimated market value of $12,015,000.

    Sale prices for two-family homes in Moreno Valley, CA start at $1,165,000, averaging $6,007,500, and reaching up to $10,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 211K
    Population Growth (5Y) +3.9%
    Median Household Income $89,942
    College Educated 13.1%

    High-Yield Neighborhoods for Investment

    Identify Moreno Valley submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92553 $6M

    Taxes & Financing

    Tax Rate (average for all types) 1.15%
    Property Tax per SF $20.86 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Moreno Valley fall within the 100,000+ square foot range.

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