Active Under Contract
$3,500,000
24281 Atwood
Moreno Valley, CA

24281 Atwood, Moreno Valley, CA, 92553

  • 1.82acres
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 agent:
CORDELL MCDONALD
License #01890056
WSR REAL ESTATE
24281 Atwood is a Residential Income Apartment property located in Moreno Valley, California, featuring a 1.820 acre lot, MLS #IV25242193.