24093 Webster Avenue, Moreno Valley, California 92553, Moreno Valley, 92553 - 4 bed, 3 bath
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Moreno Valley, California 92553
This Renovated Multi-Unit Residence is a High-Potential Investment Opportunity, listed at $720,000—positioned well below the $750,000 Fair Market Value by 4%. This valuation gap provides $30,000 in Instant Equity. Boasting a Condition Rating of 3, the property features a modernized open-concept main home and a private guest suite generating $4,700 in monthly rental income. The expansive 18,295 Sq Ft Lot offers mountain views and sub-dividable land potential within the Moreno Valley Unified School District. This versatile asset is perfect for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Property is move-in ready.
The property has undergone significant interior renovations, featuring a modern open-concept layout with new large-format tile flooring, recessed lighting, and an updated kitchen with dark cabinetry and stone countertops. While the 1954 exterior and some systems like wall heaters show the home's age, the interior is move-in ready and well-maintained, meeting the criteria for a good condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18295, living area = 2350.
The property generates a substantial combined rental income of $4,700 per month from the main residence and guest suite, offering an immediate and strong return on investment.
Situated on an expansive 18,295 sq ft lot, the property features sub-dividable land potential, providing significant value-add possibilities for builders or multi-generational expansion.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2350, other record living area = 2504. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is sold strictly as-is with no warranties on condition or permits, placing the full burden of verification and potential repair costs on the buyer.
Current month-to-month tenancies and restricted access requirements may complicate the financing process and delay immediate possession for owner-occupants.
Excellent Investment Opportunity in Prime Moreno Valley Location! Reduced listing price! Reduced 30,000 for immediate sale. Seller has received offers but not at her asking price. This upgraded property offers strong income potential and versatile living options. Situated on a large lot in a desirable neighborhood, the main house has been thoughtfully renovated with a modern open-concept layout—perfect for everyday living or entertaining. The main residence features 3 spacious bedrooms and 2 updated bathrooms. It includes a brand-new kitchen with ample cabinetry, contemporary appliances, and a generous dining area. The open floor plan enhances flow and natural light throughout. In addition, the property includes a private guest room with an en-suite bath and walk-in closet, ideal for extended family, rental income, or a comfortable home office setup. Adjacent to the guest room is a 175 sq ft solid patio cover, offering a shaded outdoor retreat perfect for relaxing or entertaining. The expansive backyard boasts low-maintenance landscaping, maximizing usable outdoor space with minimal upkeep. Per the owner, additional highlights include current combined rental income of $4,700/month (both living areas rented month-to-month), additional sub-dividable land and convenient access to schools, shopping centers, and freeway entrances. This property is excellent for investors, builders or multi-generational living. Please note: Property is being sold AS-IS. Seller makes no guarantees or warranties as to condition, or square footage. Buyers and agents are responsible for verifying all information provided including actual square footage, permits and zoning. DO NOT ACCESS THE PROPERTY WITHOUT AN APPOINTMENT. PLEASE DO NOT APPROACH THE TENANTS. Showings available; Call listing agent to scheduled. Don't miss this great opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 2.0 | 77% |
| Square foot | 2,350 | 1,419 | 95% |
| Lot Size | 18,295 | 7,405 | 97% |
| Price | $720.0K | $531.5K | 98% |
| Price per sq ft | $306 | $375 | 23% |
| Built year | 1954 | 1984 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 168 | 20% |
Mar 23, 2026
$720,000
$750,000
-4% Price Drop
Initial Listing
Jan 29, 2026
$750,000
Initial Listing
Jun 20, 2014
$161,000
Public Record
Jul 3, 2012
$109,000
Public Record
May 25, 2007
$280,000
Public Record
Jan 22, 2003
$137,000
Public Record