
Moreno Valley, California 92557
This Strategic Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $639,000—positioned well below the $646,499 Fair Market Value by 1%. This valuation gap offers $7,499 in Instant Equity. Featuring a 3-bedroom vacant unit and a 2-bedroom occupied unit, the property provides immediate rental upside or house-hacking potential. While maintaining a Condition Rating of 4, the large 8,712 sqft lot and outdoor patios offer significant value-add possibilities. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a dual-income stream in Moreno Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11939 Indian Subject | $639,000* List Price | 0 | 0 | 1,906 | $336 | - |
A 24380 Ironwood Active | $729,500 List Price | 0 | 0 | 2,150 | $339 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the property shows signs of partial updates such as ceramic tile flooring and a mini-split HVAC unit, likely 15-20 years old. However, the presence of window AC units, dated wall heaters, and worn carpeting in occupied areas indicates the systems and interiors are past their prime and require minor repairs and modernization.
The duplex configuration featuring a 2-bedroom and a 3-bedroom unit offers versatile rental options or an owner-user opportunity with one unit currently vacant for immediate occupancy.
Situated in a prime Moreno Valley area, the property provides convenient access to essential amenities including schools, shopping, and dining, ensuring high tenant demand.
With tenants responsible for all utilities except water, the property offers a streamlined expense structure that maximizes net operating income for the owner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1906, other record living area = 906.
Originally constructed in 1959, the property may require capital improvements or updates to its aging systems to meet modern efficiency and aesthetic standards.
Both units feature only a single bathroom, which may limit appeal for larger households, particularly for the three-bedroom unit in a competitive rental market.
GREAT INVESTMENT PROPERTY.!! This duplex is situated in a prime area of Moreno Valley. Great Floor plans one unit 2bd-1bath the other unit 3beds 1 bath whit a large living room area. The Kitchens have eat in areas which overlook outdoor patios. Property has good sized rear yard. Making it a perfect opportunity for a new owner or a savvy investor looking for a great deal, close to all the amenities that you need schools, groceries, dinning , shopping and more. All utilities paid by tenants except water, Don't miss this great opportunity. One unit is vacant, for the other unit do not disturb tenants please call the listing agent.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1959 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 30, 2026
$639,000
Initial Listing
Jul 9, 2010
$148,000
Public Record
Aug 1, 2007
$345,000
Public Record