12111 Franklin, 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 $560,000—positioned above the $547,420 Fair Market Value. While the property requires cosmetic updates, its Fair Condition Rating is offset by a massive 0.25-acre lot and ADU potential in the 3-car garage. The home features a newer HVAC system and concrete tile roof, providing a solid structural foundation for value-add renovations. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through targeted interior improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12111 Franklin Subject | $560,000* List Price | 3 | 2 | 1,792 | $305 | - |
A 25212 Hemlock Sold | $550,000 | 3 | 2 | 1,792 | $307 | 0.1 mi |
B 25206 Marble Sold | $559,900 | 3 | 2 | 1,792 | $312 | 0.1 mi |
C 25637 Javier Place Sold | $600,000 | 3 | 2 | 1,672 | $359 | 0.4 mi |
D 12064 Flintlock Trail Sold | $565,000 | 3 | 2 | 1,792 | $315 | 0.2 mi |
E 25139 N Elder Avenue N Sold | $660,000 | 4 | 2 | 2,065 | $320 | 0.3 mi |
F 12420 Yuma Court Sold | $565,000 | 4 | 2 | 1,651 | $342 | 0.6 mi |
G 24878 Sundial Sold | $535,000 | 3 | 2 | 1,389 | $385 | 0.9 mi |
H 11410 Lombardy Lane Sold | $470,000 | 4 | 2 | 2,026 | $232 | 0.8 mi |
I 12090 Franklin Pending | $650,000 List Price | 4 | 2 | 2,002 | $325 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (25 years old), the property falls into the Fair category as it is dated and requires cosmetic updates. While the HVAC system is newer and the exterior is well-maintained, the listing explicitly mentions the need for 'TLC', new flooring, and paint to modernize the interior.
The property features a generous 0.25-acre lot with a hand-laid brick patio and garden boxes, providing ample space for a pool and outdoor entertainment.
Equipped with a newer large HVAC system, a whole house fan, and a durable concrete tile roof, the home offers enhanced climate control and energy savings.
The large, finished 3-car garage includes a side door entry, making it an ideal candidate for an Accessory Dwelling Unit (ADU) conversion or versatile workspace.
The interior is in need of modern updates and TLC, specifically regarding flooring and paint, to bring it up to contemporary aesthetic standards.
At 1,792 square feet, the home only offers three bedrooms, which may be a drawback for larger families compared to other homes of similar size in the area.
This beautiful spacious home with a large .25 acre lot, hand-laid brick patio to the rear, garden boxes, and a yard large enough for a pool and much more. The home is clean, in good repair waiting for that special family to put their own updates and TLC into it. 3-car large finished garage with a side door entry perfect for an ADU. In door laundry, a spacious master ensuite with its own slider to the rear yard. Concrete tile roof, some replaced windows, and a Newer large HVAC system with a whole house fan, makes it energy efficient. Seller is willing to consider concessions for floors and paint or closing costs pursuant to the lenders requirements. This one will not last long. Ready to be shown on Saturday, July 18 by appointment only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,792 | 1,782 |
| Lot Size | 10,890 | 6,970 |
| Price | $560.0K | $550.3K |
| Price per sq ft | $312 | $321 |
| Built year | 1999 | 1989 |
| HOA | $0 | $132 |
| Days on market | 4 | 58 |
Jul 18, 2026
$560,000
Initial Listing
Aug 31, 1999
$165,500
Public Record