$1,475,000
24379 Myers Avenue, Moreno Valley CA 92553
Multi-Family (4 Units)
Property type
30 days
On market
$295
Price per sqft
4 cars
Garage
1959
Year built
30,056 sqft
Lot size
Home highlights
Open Houses
Overview
Come and view this amazing income producing property. Consists of 4 Single family residences. Each with their own electrical meter, gas meter and 1 water bill for all units. The potential this property has is limitless. All 4 homes are capable of having each their own ADU along with a Jr. ADU. Zoning permits up to 13 units total. Front home consits of 4 bedroom 2 bath and...
Listing provided by: BLANCA ALVAREZ DRE #01801789 909-606-0888, ALTICORE REALTY
Listing updated: May 14, 2026 at 05:39pm.
Last checked: Jun 5, 2026 at 12:30pm
Source: CRMLS #IV26098929
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 1 | 1 | $3,000 | $3,000 | $3,000 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,500 | $2,500 | $2,500 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,200 | $2,200 | $2,300 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,650 | $2,650 | $2,300 | Unfurnished |
# of Buildings: 4
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: No
Units Leased: 5
Total Actual Rent: $11,700
Tenant Pays: Cable Tv, Electricity, Gas, Trash Collection
Financial Snapshot
Gross Rent Multiplier
126.1x
List Price / Annual Gross Rent
Cap Rate
0.75%
NOI / List Price
Gross Scheduled Income: $11,700
Operating Expense: $600
Net Operating Income: $11,100
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $1,800
Professional Management: $0
Trash: $3,600
Water / Sewer: $3,600
Interior
Cooling: Central Air, Wall Window Units
Heating: Wall Furnace
Fireplace: None
Laundry: In Garage, Outside
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 481250008
Additional Parcels: No
Tax Lot: 110
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 24379 Myers Avenue, Moreno Valley, CA 92553. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,180,000
Total Interest
$1,505,025
Total Payment
$2,685,025
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$9,145
per month
Property History for 24379 Myers Avenue
Moreno Valley Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92553.
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