24238 Postal Ave - Apartments CONDO FOR SALE


Moreno Valley, CA 92553- Moreno Valley West
$1,165,000 USD
951-847-2461
24238 Postal Ave, Moreno Valley, CA for Sale
$1,165,000 USD
Apartments CONDO - FOR SALE
1/26
null | Request Cap Rate

24238 Postal Ave
Moreno Valley, CA 92553
Moreno Valley West


HIGHLIGHTS

  • All the units occupied currently with excellent tenants
  • All the units upgraded & in excellent condition
  • Small but very valuable piece of property

OVERVIEW

The property spans approximately 3,000 SF on a 0.17-acre lot and has been fully renovated inside and out in 2021, ensuring modern finishes and low maintenance. All units are currently occupied by reliable tenants, providing immediate income for investors. With an average rent of $1,670 per unit, this property generates strong cash flow and is ideal for a 1031 exchange or long-term hold. Located near shopping centers and with convenient freeway access, the property offers excellent connectivity and proximity to essential amenities. Additional features include a parking ratio of 1.88 per 1,000 SF and a Walk Score of 60, making it a desirable location for tenants. This is a turnkey investment in a growing Inland Empire market.

FOR SALE DETAILS

PRICE

$1,165,000 USD

PRICE/SF

$388 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Office/Residential, Dormitory

TOTAL BUILDING SIZE

3,190 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

CP

APN/PARCEL ID

481-111-009

ASK ABOUT THIS PROPERTY

Henna JalalGold Team RealtyMore Info
951-847-2461

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Henna JalalGold Team RealtyMore Info
951-847-2461

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.