24840 Elder Ave, Moreno Valley, CA 92557 Property Records

Riverside County property record for 24840 Elder Ave, Moreno Valley, CA 92557

Property Summary

Property Type	Hotel
Details	58,893 sqft · built 1988
Lot Size	2.13 acres (93,218 sqft)
Owner	Company Name on Record
Last Sale	$15,250,000 (Dec 2021)
Tax Bill	$185,838 (2025)
Deeds & Mortgages	Feb 2022 Mortgage Dec 2021 Sale & Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`481-322-038`

Property Details

APN / Parcel Number

Primary APN	`481-322-038`

Interior

Units	260 Units
Stories	3 Stories
Building Area	58,893 sqft Gross Area

Exterior

Year Built	Built 1988
Effective Year Built	Effective 1988
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	93,218 sqft

Location & Zoning

Street Address	24840 ELDER AVE
City	MORENO VALLEY
State	CA
Zip	92557-7300
Property Category	Commercial
Property Type	Commercial > Retail > Hotel
Local Zoning Code	CC
Legal Description	2.14 ACRES M/L IN PARS 4 & 5 PM 136/089 PM 19969
Legal Subdivision	PARCEL MAP 19969
Legal Tract	19969
Legal Lot Number	4,5
Jurisdiction	RIVERSIDE CA
Township / Civil Division	RIVERSIDE
Census Block Group	1
Census Block	1010
Census Tract	42404

Owner

Source: Riverside County records, as of August 3, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	16977 ESTORIL ST, CHINO HILLS, CA 91709-4104
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Feb 4, 2022	Deed of Trust, Mortgage · Commercial Mortgage ADVANTAGE CERTIFIED DEVELOPMENT CORPORAT
Dec 23, 2021	Grant Deed, Transfer · Stand-Alone First Mortgage POPPY BANK
Dec 29, 2017	Grant Deed, Transfer · Commercial Mortgage US METRO BANK
Aug 1, 2017	Quit Claim Deed, Transfer · Commercial Mortgage AMERICAN PLUS BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 23, 2021 · Amount on Record
Deed Sale	Dec 23, 2021 · Amount on Record
Prior Sale	Dec 29, 2017 · Amount on Record
Deed Document Number	2021755514
Prior Transfer Date	Jul 27, 2017
Prior Transfer Doc	0000314194
Record Updated	Sep 20, 2026

February 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RIVERSIDE CA
Property Address	24840 ELDER AVE, MORENO VALLEY, CA 92557-7300
Transaction Type	Mortgage
Record Updated	Oct 21, 2022
Title Company	TICOR TITLE NATL COM SVCS

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	24840 EIDER AVE, MORENO VALLEY, CA 92557-7300

Mortgage

Document Number	0000061672
Date	Feb 4, 2022
Instrument	2022-0061672

Lender

Name	ADVANTAGE CERTIFIED DEVELOPMENT CORPORAT
Type	Non-Lending Institution
Address	LONG BEACH, CA 90802

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

December 2021: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	RIVERSIDE CA
Recording Date	Dec 23, 2021
Property Address	24840 ELDER AVE, MORENO VALLEY, CA 92557-7300
Document Number	0000755514
Map Reference	MB 136 PG 89&90
Instrument Date	Dec 21, 2021
Instrument	2021-0755514
Transaction Type	Transfer
Record Updated	Jan 10, 2022
Title Company	FIDELITY NATIONAL TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	16977 ESTORIL ST, CHINO HILLS, CA 91709-4104

Mortgage

Document Number	0000755515
Date	Dec 23, 2021
Instrument	2021-0755515

Lender

Name	POPPY BANK
Type	Bank

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded

Mortgage

Document Number	0000755516
Date	Dec 23, 2021
Instrument	2021-0755516

Lender

Name	POPPY BANK
Type	Bank
Address	SANTA ROSA, CA 95401

Agreement

Amount	Amount Recorded

December 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	RIVERSIDE CA
Recording Date	Dec 29, 2017
Property Address	24840 ELDER AVE, MORENO VALLEY, CA 92557-7300
Document Number	0000549184
Map Reference	MB 136 PG 89&90
Instrument Date	Dec 22, 2017
Instrument	2017-0549184
Transaction Type	Transfer
Record Updated	Sep 28, 2021
Title Company	CHICAGO TITLE COMPANY

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	31410 CASTAIC RD, CASTAIC, CA 91384-3915

Mortgage

Document Number	0000549185
Date	Dec 29, 2017
Instrument	2017-0549185

Lender

Name	US METRO BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Mortgage

Document Number	0000549191
Date	Dec 29, 2017
Instrument	2017-0549191

Lender

Name	LIN LAKEWOOD CITY CENTER LLC
Type	Non-Lending Institution
Address	ALHAMBRA, CA 91801

Agreement

Amount	Amount Recorded

August 2017: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	RIVERSIDE CA
Recording Date	Aug 1, 2017
Property Address	24840 ELDER AVE, MORENO VALLEY, CA 92557-7300
Document Number	0000314194
Map Reference	MB 136 PG 89&90
Instrument Date	Jul 27, 2017
Instrument	2017-0314194
Transaction Type	Transfer
Record Updated	Sep 28, 2021
Title Company	STEWART TITLE

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	24840 ELDER AVE, MORENO VALLEY, CA 92557-7300

Mortgage

Document Number	0000314195
Date	Aug 1, 2017
Instrument	2017-0314195

Lender

Name	AMERICAN PLUS BANK NA
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Riverside County assessment roll, as of July 29, 2026

Property Jurisdictions

Type	Name
State	California
County	Riverside County
Municipality	Moreno Valley City
Unified School District	Moreno Valley Unified School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026		$16,507,088 (+0.87%) Land $2,619,485 Building $13,887,603
2025	$185,838.00 (+5.33%)	$16,365,307 (+3.82%) Land $2,568,123 Building $13,797,184
2023	$176,434.00 (+2.56%)	$15,763,600 Land $2,468,400 Building $13,295,200
2022	$172,024.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective October 14, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 97% of the US · lower than 97.8% of California
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	EASTERN MUNICIPAL WD serves 659,923 people · EPA ID CA3310009
Water Source	Purchased surface water from several systems
Lead	3 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 368 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	7,000 / 7,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
AT&T Fixed Wireless	100 / 20

May also be available: GeoLinks, Verizon.

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