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24238 Postal Ave 3,000 SF Flex Condo Unit Offered at $1,165,000 in Moreno Valley, CA 92553
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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 481-111-009 |
| 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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 6 | 3,000 SF | Flex | $1,165,000 ($388.33/SF) | - |
Unit 6
| Unit Size |
| 3,000 SF |
| Condo Use |
| Flex |
| Price |
| $1,165,000 ($388.33/SF) |
| NOI |
| - |
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Unit 6
| Unit Size | 3,000 SF |
| Condo Use | Flex |
| Price | $1,165,000 ($388.33/SF) |
| NOI | - |
| 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.</li></ul> | |
| 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.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,670 | 500 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Somewhat bikeable
30/100
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
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24238 Postal Ave
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