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Well-Maintained Triplex With Garages
For Sale
Contact for pricing

24380 Ironwood, Moreno Valley, CA 92557

Three rental units offer independent garages and recent upgrades, including a 2023 roof and 2022 mini splits.

Property SizeContact for details
Days on Market69

Property Features for 24380 Ironwood

General Information

Standard status Active
Property subtype Multifamily
Zoning Assessor

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Multifamily Units 3

Building Details

Year Renovated 2023
Buildings 2
Units 3
Tenancy Multi
Listing Agency: Realicore Real Estate
Listed By: David Friedman · License #01909018
Source: Crexi
Added: Jun 1 Changed: Aug 8 Last Checked: Aug 8 at 7:40AM

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 Real Estate

Investment Insights

Based on property information with market context.

This pride-of-ownership triplex sits on a large lot and includes a front 2-bedroom, 1-bath unit with two rear 1-bedroom, 1-bath units. Each unit has its own garage. The property has been well maintained and includes multiple recent improvements, such as a new roof installed in 2023, mini splits added to the back units in 2022, and interior and exterior painting completed within the last five years and in 2020, respectively. Additional updates include a new front house water heater in 2021 and new wood fencing along the back of the property with separating backyards installed in 2023.

Located in Moreno Valley in a growing area north of the 60 freeway, the property is described as being within a block of newly opened retailers including Sprouts and Starbucks. The surrounding area is presented as having convenient access to regional destinations.

The unit mix and month-to-month tenancy structure can support multiple ownership strategies, whether you’re adding to a rental portfolio or moving into a unit while receiving rental income from the other units. The large lot and detached-garage possibility provide a path to consider future expansion, subject to buyer due diligence.

Key Highlights

  • Triplex on a large lot in Moreno Valley with a 2 bed, 1 bath front house and two 1 bed, 1 bath back units
  • All units have their own garage, offering parking and potential space for additional development
  • New roof installed in 2023; exterior painted in 2020 and interiors painted within the last 5 years

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Travel Agency Food Market (Bike/Boat/Book/etc) Store Butcher Gym & Fitness Center Pet Store & 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.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,001
Businesses Nearby

Demographics for 92557, CA

54,549
Population
15,748
Households
3.5
Avg Household Size
34
Median Age
19%
College-Educated
84%
High-School Grad
17.8 sq mi
ZIP Area
3,065
Density / Sq Mi
$93,464
Median Household Income
$41,214
Median Earnings
$2,081
Median Rent
$471,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - Three rental units offer independent garages and recent upgrades, including a 2023 roof and 2022 mini splits.
Where is this triplex located?
The property is located at 24380 Ironwood Moreno Valley, CA.
What is the asking price?
The asking price for this property is $699,500.
What are key features of this property?
This property features: Triplex on a large lot in Moreno Valley with a 2 bed, 1 bath front house and two 1 bed, 1 bath back units; All units have their own garage, offering parking and potential space for additional development; New roof installed in 2023; exterior painted in 2020 and interiors painted within the last 5 years
(909) 810-2108 Call to check price and availability
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