About 24281 Atwood Avenue
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.
Features of 24281 Atwood Avenue
| MLS® # | IV25242193 |
|---|---|
| Price | $3,500,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Acres | 1.82 |
| Year Built | 1953 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active Under Contract |
Community Information
| Address | 24281 Atwood Avenue |
|---|---|
| Area | 259 - Moreno Valley |
| City | Moreno Valley |
| County | Riverside |
| Zip Code | 92553 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Central Air, Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
Exterior
| Lot Description | SixToTenUnitsAcre |
|---|
Additional Information
| Date Listed | October 16th, 2025 |
|---|---|
| Days on Market | 9 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Cordell Mcdonald |
|---|---|
| Office | WSR REAL ESTATE |