12260 Via De Palmas, Moreno Valley, California 92555, Moreno Valley, 92555 - 3 bed, 2 bath
Loading property details...
Moreno Valley, California 92555
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at $585,000—positioned well above the $519,980 Fair Market Value by -12%. While the home requires cosmetic updates to its Fair Condition Rating kitchen, the 9,583 sq. ft. lot and 3-car garage provide significant utility. With no HOA fees and a location near the 60 Freeway, this property offers a stable foundation for value-add projects. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12260 Via De Palmas Subject | $585,000* List Price | 3 | 2 | 1,585 | $328 | - |
A 26110 Primrose Way Sold | $560,000 | 3 | 2 | 1,726 | $324 | 0.4 mi |
B 12919 Orleans Sold | $565,000 | 4 | 3 | 1,838 | $307 | 0.7 mi |
C 26045 Pinzon Court Sold | $517,000 | 4 | 3 | 1,739 | $297 | 0.3 mi |
D 26041 Bridger St Pending | $499,000 List Price | 4 | 3 | 1,739 | $287 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2000, making it 24 years old. While the home is well-maintained and features updated stone tile flooring, the kitchen remains dated with original white tile countertops and cabinetry typical of the construction year. Since it is over 20 years old without a recent full renovation, it meets the 'Fair' criteria as it is functional but requires modern updates to the kitchen and likely the baths and systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1585.
The absence of HOA fees combined with low property taxes significantly enhances the home's affordability and long-term value for budget-conscious buyers.
The inclusion of a spacious 3-car garage is a premium feature for a three-bedroom home, providing exceptional utility for multi-vehicle households or additional storage.
Several of the closest assigned schools carry lower academic ratings, which may be a consideration for families prioritizing top-tier educational performance.
The property does not offer any significant views, which may limit its competitive appeal compared to other homes in the region that feature mountain or city light vistas.
No HOA — Hooray! Low Property Taxes — Even Better! Welcome to this appealing 3-bedroom, 2-bath single-story home located in a highly desirable community just north of the 60 Freeway. Featuring a spacious 3-car garage, this home is settled in a well-established neighborhood with convenient access to nearby elementary and middle schools. Step inside to a bright and airy living room highlighted by beautiful large stone tile flooring and stylish 2-inch blinds. The open floor plan flows seamlessly into the inviting family room, complete with built-in bookshelves that offer both functionality and character. The open-concept design showcases a spacious kitchen with an abundance of cabinetry, an eat dining space, while providing ample storage, cooking space, entertaining, and everyday living. The layout creates a warm and welcoming atmosphere, perfect for gathering with family and friends. The backyard offers lots of yard space with a covered patio. This home offers the ideal combination of comfort, convenience, and value in a sought-after location. Don't miss the opportunity to make it your own!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 2.0 | 3.0 | 21% |
| Square foot | 1,585 | 1,970 | 15% |
| Lot Size | 9,583 | 6,534 | 84% |
| Price | $585.0K | $580.0K | 51% |
| Price per sq ft | $369 | $286 | 90% |
| Built year | 2000 | 2005 | 25% |
| HOA | $0 | $46 | 34% |
| Days on market | 14 | 147 | 1% |
May 23, 2026
$585,000
Initial Listing
Aug 10, 2011
$165,000
Public Record
May 15, 2003
$207,000
Public Record
Nov 22, 2000
$141,500
Public Record