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24393-24399 Myers Ave
Moreno Valley, CA 92553
Multifamily Property For Sale
·
4 Units


Investment Highlights
- 4 homes on a lot
- Attached garage and driveway parking
- Private yards
- Value add opportunity with renovation
Executive Summary
4 homes on a large lot. Each unit has an attached garage, driveway parking, private yards and washer and dryer hook ups. Lots of deferred maintenance. Value add opportunity.
Property Facts
| Price Per Unit | $323,950 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.46 AC |
| Cap Rate | 6.22% | Building Size | 3,700 SF |
| Gross Rent Multiplier | 10.57 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1959 |
| Property Subtype | Apartment | Parking Ratio | 3.24/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | R3, Moreno Valley - Restricted Density Multiple Dwelling | ||
| Price Per Unit | $323,950 CAD |
| Sale Type | Investment |
| Cap Rate | 6.22% |
| Gross Rent Multiplier | 10.57 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 3,700 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1959 |
| Parking Ratio | 3.24/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3, Moreno Valley - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Washer/Dryer Hookup
- Ceiling Fans
- Yard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,394 CAD | - |
Property Taxes
| Parcel Number | 481-250-009 | Improvements Assessment | $620,651 CAD |
| Land Assessment | $483,624 CAD | Total Assessment | $1,104,274 CAD |
Property Taxes
Parcel Number
481-250-009
Land Assessment
$483,624 CAD
Improvements Assessment
$620,651 CAD
Total Assessment
$1,104,274 CAD
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