Best Western 125-Room
New
For Sale
Contact for pricing
24840 Elder Ave, Moreno Valley, CA 92557
Renovated three-story lodging property with exterior corridors, EV charging stations, and access to SR-60 and I-215.
Property Size58,893 SF
Days on Market7
Property Features for 24840 Elder Ave
General Information
Standard status
Active
Size
58,893 SF
Property subtype
Hospitality
Zoning
Community Commercial
Investment Type
Value Add
Net Operating Income
$456,881
Financials
Business Included
Yes
Opportunity Zone
Yes
Additional Details
Highway Access
Yes
Amenities
EV charging stations
Building Details
Year Built
1988
Year Renovated
2026
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Irvine Orange County, California
Listed By:
Aseem Tandon · License #CA 01725152
Source:
Crexi
Added: Aug 25
Changed: Aug 31
Last Checked: Aug 31 at 9:01AM
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 Cushman & Wakefield - Irvine Orange County, California
Investment Insights
Based on property information with market context.
Best Western Moreno Hotel & Suites is a 58,893-square-foot hospitality property with 125 rooms across three stories. The hotel features an exterior-corridor layout, completed PIP improvements, and 20 recently installed EV charging stations. Best Western auto-transfer eligibility is also in place. Built in 1988, the property is zoned Community Commercial.
The hotel is located near SR-60 and I-215, with regional demand connected to logistics, healthcare, government, retail, and March Air Reserve Base. Amazon, Skechers, Lowe’s, Procter & Gamble, and Kaiser Permanente are identified among the nearby major employers. Ontario International Airport, UC Riverside, Moreno Valley Mall, Lake Perris, and Yaamava’ Resort & Casino are also within reach.
The property is situated within an Opportunity Zone and offers an established branded lodging format with recently completed property improvement work.
The hotel is located near SR-60 and I-215, with regional demand connected to logistics, healthcare, government, retail, and March Air Reserve Base. Amazon, Skechers, Lowe’s, Procter & Gamble, and Kaiser Permanente are identified among the nearby major employers. Ontario International Airport, UC Riverside, Moreno Valley Mall, Lake Perris, and Yaamava’ Resort & Casino are also within reach.
The property is situated within an Opportunity Zone and offers an established branded lodging format with recently completed property improvement work.
Key Highlights
- 125‑room, three‑story hotel with an exterior‑corridor layout
- 58,893 SF hospitality property built in 1988
- Completed PIP improvements and Best Western auto‑transfer eligibility
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,180
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Renovated three-story lodging property with exterior corridors, EV charging stations, and access to SR-60 and I-215.
Where is this hotel located?
The property is located at 24840 Elder Ave Moreno Valley, CA.
What are key features of this property?
This property features: 125‑room, three‑story hotel with an exterior‑corridor layout; 58,893 SF hospitality property built in 1988; Completed PIP improvements and Best Western auto‑transfer eligibility
