24281 Atwood Avenue, Moreno Valley, CA 92553

About this property

This is 16 residential income units, built on two lots with six APN's (482-080-002; 482-080-003; 482-080-004; 482-080-005; 482-080-006; 482-080-007) being sold together as a package. There are 5 one-bedroom units, 10 two-bedroom units, and 1 three-bedroom detached single family house. All units are occupied and rent producing. Also included is an on-site laundry room with income generating coin operated machines, and a large fenced maintenance area which includes a storage room and stand alone sheds. There is room on the lot to add additional units and lots of parking space. There are 7 Section 8 tenants and 9 market tenants, with many being long-term providing very stable income. Owner pays water, common area electricity, trash, and grounds maintenance. Here are the property street addresses: 24281-24297 Atwood Ave. & 13130-13160 Scotty Lane. Lots of potential for growth or new development! Copies of 2023 appraisals can be provided upon request.

Listing description from the December 2025 sale, as reported to CRMLS.

Sale history

$3,120,000

Sold December 2025 · listed $3,500,000, on market October 2025 · MLS #IV25242193 · Source: CRMLS

Listing Agent: CORDELL MCDONALD · Listing Office: WSR REAL ESTATE · Contact: 909-525-7260 · Bought with: Michael Garcia · MZ BROKERAGE INC.

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