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24446 Myers Ave, Moreno Valley, CA 92553

Income-producing multifamily asset in Moreno Valley, California, with reported rental operations and a 2% vacancy assumption.

Property SizeContact for details
Days on Market143

Property Features for 24446 Myers Ave

General Information

Standard status Active
Property subtype Multifamily
Net Operating Income $121,636

Financials

Asking Price $2,913,900
Cap Rate 4.17%
Listing Agency: Century 21 Allstars
Listed By: Silvestre Madrigal Jr. · License #01363650
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 9:05PM

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 Century 21 Allstars

Investment Insights

Based on property information with market context.

This multifamily property is located at 24446 Myers Ave in Moreno Valley, California. The operating information includes rental income, a 2% vacancy assumption, and a reported 4.17% cap rate.

Additional operating assumptions include management, maintenance, utilities, insurance, and property taxes. The property is offered for sale as a residential income asset.

Key Highlights

  • 24446 Myers Ave, Moreno Valley, CA 92553
  • Multifamily property classified as a residential income asset
  • Reported 4.17% cap rate

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Butcher Travel Agency Pet Store 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.

Location Intelligence

Trade Area within ½ mile

1,502
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Income-producing multifamily asset in Moreno Valley, California, with reported rental operations and a 2% vacancy assumption.
Where is this multifamily property located?
The property is located at 24446 Myers Ave Moreno Valley, CA.
What are key features of this property?
This property features: 24446 Myers Ave, Moreno Valley, CA 92553; Multifamily property classified as a residential income asset; Reported 4.17% cap rate
More about this property
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