12028 Bayless Street, Moreno Valley, California 92557, Moreno Valley, 92557 - 3 bed, 2 bath
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Moreno Valley, California 92557
This property presents a High-Potential Investment Opportunity with a List Price of $515,000—positioned well above the $442,551 Fair Market Value by -16%. Featuring a Condition Rating of 5, the home requires a comprehensive renovation to address deferred maintenance and outdated systems. The expansive 7,841 sqft lot and scenic mountain views provide a solid foundation for value-add projects. Given the current market positioning, this asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a full-scale interior and exterior rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12028 Bayless Street Subject | $515,000* List Price | 3 | 2 | 1,739 | $254 | - |
A 11735 Country Flower Sold | $635,000 | 5 | 3 | 1,948 | $326 | 0.8 mi |
B 11948 Albion Way Sold | $535,900 | 4 | 3 | 1,655 | $324 | 0.5 mi |
C 11606 Kasba Circle Sold | $540,000 | 4 | 2 | 1,559 | $346 | 0.7 mi |
D 23402 Harland Drive Sold | $550,000 | 3 | 2 | 1,438 | $382 | 0.7 mi |
E 11412 Pickford Way Sold | $527,000 | 3 | 2 | 1,516 | $348 | 0.6 mi |
F 12205 Deerwood Lane Active | $450,000 List Price | 3 | 2 | 1,394 | $323 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 (66 years old) with no evidence of recent renovations. The exterior shows significant deferred maintenance, including failing stucco/paint and neglected landscaping, indicating a need for a full rehab to address likely outdated systems and interior finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1739.
The property features desirable mountain views, providing a picturesque backdrop that enhances the overall tranquility and aesthetic appeal of the home.
With 1,739 square feet of interior space, this residence offers a larger footprint than many standard 3-bedroom homes of this era, allowing for more comfortable living areas.
Built in 1960, the property may require updates to major systems or cosmetic renovations to meet modern energy efficiency and design standards.
Given the significant price appreciation since its last sale in 2015, the property will require strong comparable sales to support the current list price during the financing process.
Exceptional opportunity in Moreno Valley. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,739 | 1,757 | 49% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $515.0K | $565.0K | 22% |
| Price per sq ft | $296 | $324 | 35% |
| Built year | 1960 | 1987 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 146 | 2% |
May 8, 2026
$515,000
Initial Listing
Apr 30, 2015
$170,000
Public Record