11948 Albion Way, Moreno Valley, California 92557, Moreno Valley, 92557 - 4 bed, 3 bath
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Moreno Valley, California 92557
This Two-Story Single-Family Asset represents a strategic Value-Add Opportunity with a List Price of $529,900. Positioned near its $498,617 Fair Market Value, the property offers price stability in a high-demand commuter corridor. With a Condition Rating of 4, the home features original 1986 finishes, providing a clear path for forced appreciation through cosmetic updates. The 1,655 sqft layout and private backyard patio enhance the long-term utility of the property in the Moreno Valley Unified district. This property is an ideal match for Buy-and-Hold Investors or Owner-Occupants seeking a well-located project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11948 Albion Way Subject | $529,900* List Price | 4 | 3 | 1,655 | $306 | - |
A 23326 Elfin Place Sold | $575,000 | 4 | 3 | 1,674 | $343 | 0.2 mi |
B 12154 Hythe Sold | $440,000 | 3 | 2 | 1,139 | $386 | 0.4 mi |
C 23575 Whispering Winds Active | $530,000 List Price | 4 | 3 | 1,600 | $331 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, the home is well-maintained but shows significant signs of age with outdated features. The kitchen retains older oak-style cabinetry, white tile countertops, and dated white appliances. While the property is functional and clean, the flooring, light fixtures, and bathrooms require cosmetic modernization to meet current market standards.
The property features a highly efficient floor plan with four bedrooms and three bathrooms, including a primary en-suite, making it ideal for growing families or multi-generational living.
Situated with easy access to both the 60 and 215 freeways, the home is perfectly positioned for commuters while remaining close to local schools, parks, and shopping centers.
The backyard offers usable outdoor space that is well-suited for entertaining, relaxation, or potential landscaping improvements to increase the property's value.
The history of multiple price reductions since the initial listing suggests the property has struggled to find its market value, which may impact buyer perception.
Built in 1986, the home may require updates to its major systems or cosmetic finishes to meet the expectations of modern buyers looking for move-in-ready conditions.
Two-story home located in an established Moreno Valley neighborhood. The property offers four bedrooms and three bathrooms with a functional floor plan and comfortable living spaces. The home features a spacious living area, dining area, and kitchen with ample cabinetry and counter space. The primary bedroom includes an en-suite bathroom, with additional bedrooms suitable for family, guests, or home office use. The backyard provides usable outdoor space for entertaining or relaxation. Conveniently located near schools, parks, shopping centers, and dining, with easy access to the 60 and 215 freeways. A solid opportunity for owner occupants or investors seeking a well-located property in Moreno Valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,655 | 1,765 | 41% |
| Lot Size | 5,227 | 7,841 | 15% |
| Price | $529.9K | $562.8K | 25% |
| Price per sq ft | $320 | $332 | 44% |
| Built year | 1986 | 1987 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 184 | 14% |
Mar 12, 2026
$529,900
$535,000
-1% Price Drop
Initial Listing
Feb 28, 2026
$535,000
$539,900
-1% Price Drop
Initial Listing
Feb 12, 2026
$539,900
$545,000
-1% Price Drop
Initial Listing
Jan 28, 2026
$545,000
Initial Listing
Jul 2, 2021
$465,000
Public Record
Nov 8, 2002
$155,000
Public Record