12098 Riparian, Moreno Valley, California 92557, Moreno Valley, 92557 - 3 bed, 2 bath
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Moreno Valley, California 92557
This Value-Add Single-Family Residence is listed at $515,000, serving as an accessible entry point into the Southern California market. With a Fair Market Value of $466,674, the property’s long-term potential is anchored by its High Available Lot Utilization on a generous 7,405 sq. ft. lot. The home currently holds a Fair Condition Rating, featuring original 1984 finishes that present a clear opportunity for forced appreciation through interior modernization. Situated in a quiet neighborhood within the Moreno Valley Unified School District, this asset is ideal for Value-Add Investors or first-time buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12098 Riparian Subject | $515,000* List Price | 3 | 2 | 1,080 | $422 | - |
A 12258 Formby Drive Sold | $427,000 | 3 | 2 | 1,042 | $410 | 0.2 mi |
B 22729 Radnor Sold | $505,000 | 3 | 2 | 1,336 | $378 | 0.2 mi |
C 12045 Bayless Street Sold | $510,000 | 3 | 2 | 1,139 | $448 | 1.0 mi |
D 11830 Carlisle Court Sold | $535,000 | 3 | 2 | 1,322 | $405 | 0.5 mi |
E 22742 Glendon Drive Active | $585,000 List Price | 3 | 2 | 1,294 | $452 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1984 (40 years ago) and the listing lacks any mention of recent major renovations or upgrades to the kitchen and bathrooms. While the exterior appears maintained, the home fits the criteria for 'fair' condition as an aged property that likely retains original or dated features and requires minor cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1080.
Situated in a well-regarded neighborhood of Moreno Valley, this property offers a quiet and attractive setting that appeals to families and long-term residents.
The 7,405 square foot lot provides significant outdoor space relative to the home's footprint, offering ample room for landscaping, outdoor entertaining, or potential expansion.
At 1,080 square feet for a 3-bedroom, 2-bathroom configuration, the interior layout may feel compact and could be a constraint for growing families.
The property is noted as having no specific views, which may be a drawback for buyers seeking the aesthetic appeal of the surrounding Moreno Valley landscapes.
Beautiful 3 bedroom 2 bath home looking for its new owner, located in a very nice area in Moreno Valley Ca come check this diamond out.
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 | 1,080 | 1,765 | 7% |
| Lot Size | 7,405 | 7,841 | 47% |
| Price | $515.0K | $563.5K | 20% |
| Price per sq ft | $477 | $332 | 96% |
| Built year | 1984 | 1987 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 184 | 1% |
Mar 14, 2026
$515,000
Initial Listing
Jun 20, 1996
$85,500
Public Record