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.
Sold for $3,120,000
Listed by: WSR REAL ESTATE • CORDELL MCDONALD • Contact: 951-682-1000
Bought with: MZ BROKERAGE INC.
$3,120,000
24281 Atwood Ave, Moreno Valley, CA 92553
28beds
17baths
11,242sqft
Multi Family
Built in 1953
-- sqft lot
$871,200 Zestimate®
$278/sqft
$2,311 Estimated rent
Home value
$871,200
$723,000 - $1.05M
$2,311/mo
Zestimate® history
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List your homeWhat's special
Large fenced maintenance areaLots of parking spaceOn-site laundry room
Zillow last checked:
Listing updated:
Listed by:
CORDELL MCDONALD DRE #01890056 909-525-7260,
WSR REAL ESTATE
Bought with:
Michael Garcia, DRE #01965127
MZ BROKERAGE INC.
Source: CRMLS,MLS#: IV25242193
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 28
- Bathrooms: 17
Heating
- Wall Furnace
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 11,242
- Total interior livable area: 11,242 sqft
Property
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 1.82 Acres
- Features: 6-10 Units/Acre
Details
- Additional parcels included: 482080003,482080004,482080005,482080006,482080007
- Parcel number: 482080002
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Moreno Valley
Financial & listing details
- Price per square foot: $278/sqft
- Tax assessed value: $75,847
- Annual tax amount: $1,329
- Date on market: 10/24/2025
- Cumulative days on market: 3 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Sold | $3,120,000-10.9%$278/sqft |
Source:  CRMLS #IV25242193 Report a problem | ||
| 11/10/2025 | Pending sale | $3,500,000$311/sqft |
Source: CRMLS #IV25242193 Report a problem | ||
| 10/28/2025 | Contingent | $3,500,000$311/sqft |
Source: CRMLS #IV25242193 Report a problem | ||
| 10/24/2025 | Listed for sale | $3,500,000$311/sqft |
Source: CRMLS #IV25242193 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,329 +2.2% | $75,847 +2% |
| 2024 | $1,301 +1.3% | $74,360 +2% |
| 2023 | $1,284 +1.3% | $72,903 +2% |
| 2022 | $1,268 +2.8% | $71,475 +2% |
| 2021 | $1,233 +0.7% | $70,074 +1% |
| 2020 | $1,224 +1.1% | $69,356 +2% |
| 2019 | $1,211 +1.3% | $67,997 +2% |
| 2018 | $1,195 +1.5% | $66,665 +2% |
| 2017 | $1,178 | $65,358 +2% |
| 2016 | $1,178 +1.6% | $64,077 +1.5% |
| 2015 | $1,160 +4.6% | $63,117 +2% |
| 2014 | $1,108 | $61,883 +0.4% |
| 2013 | -- | $61,606 +2% |
| 2012 | -- | $60,399 +2% |
| 2011 | -- | $59,216 +0.8% |
| 2010 | -- | $58,775 -0.2% |
| 2009 | -- | $58,916 +2% |
| 2008 | -- | $57,762 +2% |
| 2007 | -- | $56,630 +2% |
| 2006 | -- | $55,521 +2% |
| 2005 | -- | $54,433 +3.9% |
| 2003 | -- | $52,391 +2% |
| 2002 | -- | $51,364 +2% |
| 2001 | $962 +0.9% | $50,357 +2% |
| 2000 | $953 | $49,371 |
Find assessor info on the county website
Neighborhood: Midland
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Nearby schools
GreatSchools rating
- 3/10Midland Elementary SchoolGrades: K-5Distance: 1 mi
- 4/10Palm Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Canyon Springs High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$871,200
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Estimated market value
$871,200
- California
- Riverside County
- Moreno Valley
- 92553
- Midland
- 24281 Atwood Ave
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