Property profile

24193 Myers Ave Moreno Valley, CA 92553

OFF-MARKET
Apartment buildings
Property ID
US09-2810398
5,840 SF 0.52 ac lot Built 1980
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1980
Construction WOOD
Total area 5,840 SF
Lot 0.52 ac (22,651 SF)
Zoning code R3
APN 481-270-052
UPID US09-2810398

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

24193 Myers Ave Moreno Valley, CA 92553-3181
Moreno Valley metro Census 42515 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.27M

Owner & transaction history

since 2021
Last sale
$7.3M
7 recorded transactions
2022
Price N/A
2021
Price N/A
2020
Price N/A
2020
$900,000
2015
Price N/A
2004
Price N/A
2002
Price N/A

Zoning & alternative use

R3 · Moreno Valley, CA
Zoning description

Residential 3 District (R3). The primary purpose of the R3 district is to provide a transition between rural and urban density development areas, and to provide for a suburban life-style on residential lots larger than t…

General category RESIDENTIAL
Top alternative use upside
Commercial (general) $6.0M +71.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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