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24238 Postal Ave 3,000 SF Flex Condo Unit Offered at $1,592,613 CAD in Moreno Valley, CA 92553

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Investment Highlights

All the units occupied currently with excellent tenants
Small but very valuable piece of property

All the units upgraded & in excellent condition

Executive Summary

Excellent Investment Opportunity In Moreno Valley. 6 units of 1 bedroom with 1 bath each, ideal for 1031 exchange or investor. Close to shopping center, close to freeway. All the units occupied currently with excellent tenants. All the units upgraded & in excellent condition, completely renovated inside out in 2021.

Property Facts

Total Building Size	3,190 SF	Typical Floor Size	3,190 SF
Property Type	Multifamily (Condo)	Year Built	1984
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park Office Office Residential Multifamily Dormitory	Lot Size	0.17 AC
Building Class	C	Parking Ratio	1.88/1,000 SF
Floors	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CP - PROP SUB TYPE: Multi Family

Total Building Size	3,190 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park Office Office Residential Multifamily Dormitory
Building Class	C
Floors	1
Typical Floor Size	3,190 SF
Year Built	1984
Lot Size	0.17 AC
Parking Ratio	1.88/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CP - PROP SUB TYPE: Multi Family

Unit Amenities

Air Conditioning

Kitchen

Site Amenities

Laundry Facilities

1 Unit Available

Unit 6

Unit Size	3,000 SF	Condo Use	Flex
Price	$1,592,613 CAD	Sale Type	Investment or Owner User
Price Per SF	$530.87 CAD	APN/Parcel ID	481-111-009

Unit Size	3,000 SF
Price	$1,592,613 CAD
Price Per SF	$530.87 CAD
Condo Use	Flex
Sale Type	Investment or Owner User
APN/Parcel ID	481-111-009

Description

Excellent Investment Opportunity In Moreno Valley. Perfect for a beginner investor, small but very valuable piece of property. 6 units of 1 bedroom with 1 bath each, ideal for 1031 exchange or investor. Close to shopping center, close to freeway. All the units occupied currently with excellent tenants. All the units upgraded & in excellent condition, completely renovated inside out in 2021.

Sale Notes

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.