Well-Maintained Triplex with Garages

24380 Ironwood Ave, Moreno Valley, CA 92557

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For Sale

$719,500

Three rental units with private garages and recent upgrades, offering flexibility for an investor or owner-occupant.

Type:Multi Family

HighLights

Triplex built in 1949 with three separate units: one 2 bed/1 bath front house and two 1 bed/1 bath back units
All units have their own garages, with additional parking space and potential to convert a detached garage into a 4th unit
New roof installed in 2023; other upgrades include mini‑splits for the back units (2022) and front house water heater (2021)
Backyards separated with a new wood fence along the back of the property (2023) and exterior house painted (2020)
Interiors painted within the last 5 years; unit #82 could be available for an owner‑user to move in
Long‑term, reliable month‑to‑month tenants; rents are below market, creating room to increase income or offset a mortgage

We can help!

Contact an agent

David Friedman

Learn more

For Sale

$719,500

Three rental units with private garages and recent upgrades, offering flexibility for an investor or owner-occupant.

Type:Multi Family

Added:: Jun 2, 2026
Days on Market:: 31
Last Refresh:: Jun 27 at 1:59 am

Property Features for 24380 Ironwood Ave

General Information

Standard status: Active
Property subtype: Multi Family

Building Details

Year Built: 1949

We can help!

Contact an agent

David Friedman

Listing office REALICORE

Listing date Jun 2, 2026

Source Exitrealty

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 REALICORE

HighLights

Triplex built in 1949 with three separate units: one 2 bed/1 bath front house and two 1 bed/1 bath back units
All units have their own garages, with additional parking space and potential to convert a detached garage into a 4th unit
New roof installed in 2023; other upgrades include mini‑splits for the back units (2022) and front house water heater (2021)
Backyards separated with a new wood fence along the back of the property (2023) and exterior house painted (2020)
Interiors painted within the last 5 years; unit #82 could be available for an owner‑user to move in
Long‑term, reliable month‑to‑month tenants; rents are below market, creating room to increase income or offset a mortgage

Overview

This pride-of-ownership triplex is set on a large lot and offers three residential units. The front home is a 2-bedroom, 1-bath configuration, while the back consists of two separate 1-bedroom, 1-bath units. Each unit has its own garage, supporting convenient tenant parking and day-to-day access. The property has undergone several upgrades, including a new roof installed in 2023, mini splits added to the back units in 2022, exterior paint completed in 2020, interior painting within the last five years, a new front house water heater in 2021, and fencing improvements along the back of the property completed in 2023.

The property is located in a growing area of Moreno Valley, north of the 60 freeway. Public remarks note nearby openings including New Sprouts and Starbucks, and the home is described as a short distance from Riverside, Ontario, and Palm Springs.

For buyers, the current month-to-month tenancy provides operational flexibility, and unit #82 is identified as potentially available for an owner-user to move in. The large lot and existing parking support a practical residential income strategy, with additional stated potential to convert a detached garage into a fourth unit. The buyer should complete their own due diligence regarding feasibility and permitting for any future unit conversion.

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Local Demand

City: Moreno Valley
County: Riverside
State: California
Longitude: -117.2373294
Latitude: 33.9471014

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For sale
Triplexes
CA
Moreno Valley
92557
24380 Ironwood Ave

What type of property is this?

Triplex - Three rental units with private garages and recent upgrades, offering flexibility for an investor or owner-occupant.

Where is this triplex located?

The property is located at 24380 Ironwood Ave Moreno Valley, CA.

What is the asking price?

The asking price for this property is $719,500.

What are key features of this property?

This property features: Triplex built in 1949 with three separate units: one 2 bed/1 bath front house and two 1 bed/1 bath back units; All units have their own garages, with additional parking space and potential to convert a detached garage into a 4th unit; New roof installed in 2023; other upgrades include mini‑splits for the back units (2022) and front house water heater (2021)