Technical
Financial
Distress signals
Property profile

24238 Postal Ave Moreno Valley, CA 92553

OFF-MARKET
Other apartment buildings
Property ID
US09-3191451
3,094 SF 0.17 ac lot Built 1979
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a six-unit multifamily building in Moreno Valley. It contains approximately 3,600 square feet total building area, with each unit configured as one bedroom and one bathroom. The building was renovated in 2021 and is documented as having been brought to updated condition at that time. The property is situated near a shopping center and provides convenient access to nearby freeways.

Property profile

Verified
Property type Other apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1979
Construction WOOD
Total area 3,094 SF
Lot 0.17 ac (7,405 SF)
Zoning code CP
APN 481-111-009
UPID US09-3191451

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24238 Postal Ave Moreno Valley, CA 92553-7798
Moreno Valley metro Census 42515 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
$720k
Comparable Approach Comparable
$621k
Blend (final) Blend
$645k

Owner & transaction history

since 2021
Last sale
$650,000
7 recorded transactions
2021
$650,000
2013
Price N/A
2009
Price N/A
2004
$400,000
2002
$165,000
1988
$200,000
1969
Price N/A

Zoning & alternative use

CP · Moreno Valley, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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