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Income Producing Multifamily Property
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24379 Myers Avenue, Moreno Valley, CA 92553

Four single-family residences with ADU potential in Moreno Valley.

Property SizeContact for details
Days on Market109

Property Features for 24379 Myers Avenue

General Information

Standard status Active
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 4
Units 4
Listing Agency: ALTICORE REALTY
Listed By: BLANCA ALVAREZ · License #01801789
Source: Crexi
Added: May 7 Changed: Aug 15 Last Checked: Aug 22 at 5:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALTICORE REALTY

Investment Insights

Based on property information with market context.

This income-producing property features four single-family residences. The front home includes 4 bedrooms and 2 bathrooms, while the three other homes each offer 3 bedrooms and 1 bathroom. Each residence has its own electrical and gas meter. All units share a single water bill. The property's zoning permits up to a total of 13 units, and each of the four homes is capable of having its own Accessory Dwelling Unit (ADU) along with a Junior ADU. Located in Moreno Valley, California, this property presents limitless potential.

Key Highlights

  • Income‑producing property with 4 single‑family residences.
  • Potential to build up to 13 units total (ADUs and Jr. ADUs).
  • Each residence has its own electrical and gas meter.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Pet Store Butcher Kitchen & Bath Showroom Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,380
Businesses Nearby

Demographics for 92553, CA

76,761
Population
20,175
Households
3.8
Avg Household Size
30
Median Age
13%
College-Educated
74%
High-School Grad
10.3 sq mi
ZIP Area
7,453
Density / Sq Mi
$71,344
Median Household Income
$36,525
Median Earnings
$1,892
Median Rent
$413,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four single-family residences with ADU potential in Moreno Valley.
Where is this quadplex located?
The property is located at 24379 Myers Avenue Moreno Valley, CA.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Income‑producing property with 4 single‑family residences.; Potential to build up to 13 units total (ADUs and Jr. ADUs).; Each residence has its own electrical and gas meter.
(818) 321-1286 Call to check price and availability
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