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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

Listed by Eric Chen • CB RICHARD ELLIS

$ 29,000,000

Est. payment -/mo

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23925 Eucalyptus Moreno Valley, CA 92553

77,203 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 77,203 sqft

Price per Sqft $375

MLS Listing ID CRCV25261976

HOA Y/N No

Year Built 1986

Lot Size 6.560 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

We are proud to exclusively present North Woods Apartments, a unique 98-unit multifamily community located at 23925 Eucalyptus Avenue, Moreno Valley. North Woods Apartments is a turnkey asset and a compelling investment offering the potential for strong day one returns. The offering provides a significant financial advantage with an assumable fixed-rate loan in place through 2031, allowing an investor to lock in stable, long-term debt. This is a top producing property with in-place rents already near market value, establishing a strong financial foundation with a current cap rate of 6.04%, a current GRM of 9.76, and a current total cash return of 9.57%. The property, built in 1986, consists of 28 buildings with a total building size of approximately 77,203 square feet, situated on an expansive approximately 285,754 square foot lot. The community offers a favorable unit mix with an average unit size of approximately 789 square feet. All units are well-appointed, featuring amenities such as central air and heat, a private patio/ balcony, hardwood floors, large closets, and a dishwasher, with select units also featuring a washer/dryer hookup. North Woods Apartments is a pride of ownership community offering an array of attractive common area features including a pool, courtyard, lau

Location

State CA

County Riverside

Interior

Heating Other

Cooling Central Air

Fireplace No

Laundry Other

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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