12490 Wolverine Circle, Moreno Valley, California 92555, Moreno Valley, 92555 - 2 bed, 2 bath
ACTIVE$410,000$960/sqft
12490 Wolverine Circle, Moreno Valley, California 92555
2Beds
2Baths
960Sqft
16,988Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16988, living area = 960.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-09-23. The sold price is $345,000.00.
Compared to the nearby listings
Price:$410.0K vs avg $591.1K ($-181,122)2%
Size:960 sqft vs avg 2,059 sqft2%
Price/sqft:$427 vs avg $28697%
More Insights
Built in 1984 (42 years old).
Condition: Built in 1984, this property is explicitly marketed as an 'INVESTOR SPECIAL' requiring 'CASH OR HARD MONEY OFFERS ONLY,' which strongly indicates a need for substantial renovation. Interior images show torn-up flooring, suggesting significant repairs are underway or immediately needed. The visible bathroom is outdated in style and features, consistent with a property that has not seen major updates in decades. The overall condition points to a property that requires extensive rehabilitation to be comfortable and up to modern standards.
Year Built
1984
Close
-
List price
$410K
Original List price
$410K
Price/Sqft
$427
HOA
-
Days on market
-
Sold On
-
MLS number
CV25278766
Home ConditionPoor
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood
About this home
INVESTOR SPECIAL! 16,988 SQFT LOT!!! Welcome to 12490 Wolverine Cir, Moreno Valley 92555, a rare opportunity located on a quiet cul-de-sac in an exclusive neighborhood featuring a 2 bed, 2 bath home with 960 sqft of living space sitting on a HUGE 16,988 sqft lot—extremely rare for the area—offering massive upside and endless potential to expand, add units or an ADU, or customize to your vision; the property includes a durable tile roof, 2-car garage, NO HOA, and is surrounded by well-kept homes, making it ideal for investors or owner-users alike, CASH OR HARD MONEY OFFERS ONLY, creating an exceptional buy-and-hold, flip, or long-term value opportunity—act fast, properties like this don’t come around often!
A
Arturo Martinez
Listing Agent
Nearby schools
5/10
Bear Valley Elementary School
Public,•K-5•1.0mi
5/10
Moreno Elementary School
Public,•K-5•1.1mi
3/10
Cloverdale Elementary School
Public,•K-5•1.5mi
4/10
Butterfield Elementary School
Public,•K-5•1.7mi
4/10
Hendrick Ranch Elementary School
Public,•K-5•2.3mi
4/10
La Jolla Elementary School
Public,•K-5•2.4mi
4/10
Ridge Crest Elementary School
Public,•K-5•3.0mi
3/10
Armada Elementary School
Public,•K-5•3.1mi
7/10
Victoriano Elementary School
Public,•K-5•3.6mi
6/10
Lasselle Elementary School
Public,•K-5•3.8mi
6/10
Mary Mcleod Bethune Elementary School
Public,•K-5•4.3mi
5/10
Valley View Elementary School
Public,•K-6•10.1mi
5/10
Clayton A. Record, Jr., Elementary School
Public,•K-5•15.5mi
3/10
Mountain View Middle School
Public,•6-8•0.8mi
3/10
Palm Middle School
Public,•6-8•1.3mi
3/10
Landmark Middle School
Public,•6-8•2.9mi
4/10
Vista Verde Middle School
Public,•6-8•4.1mi
4/10
March Middle School
Public,•6-8•4.2mi
3/10
Mountain Shadows Middle School
Public,•7-8•8.4mi
2/10
Pinacate Middle School
Public,•7-8•12.3mi
4/10
Monte Vista Middle School
Public,•6-8•16.8mi
5/10
Valley View High School
Public,•9-12•0.7mi
5/10
Vista Del Lago High School
Public,•9-12•2.9mi
6/10
Rancho Verde High School
Public,•9-12•5.6mi
6/10
Citrus Hill High School
Public,•9-12•9.8mi
4/10
Heritage High School
Public,•9-12•14.0mi
4/10
San Jacinto High School
Public,•9-12•16.5mi
Price History
Date
Event
Price
09/23/25
Sold
$345,000
12/23/11
Sold
$120,000
09/30/03
Sold
$180,000
Condition Rating
Poor
Built in 1984, this property is explicitly marketed as an 'INVESTOR SPECIAL' requiring 'CASH OR HARD MONEY OFFERS ONLY,' which strongly indicates a need for substantial renovation. Interior images show torn-up flooring, suggesting significant repairs are underway or immediately needed. The visible bathroom is outdated in style and features, consistent with a property that has not seen major updates in decades. The overall condition points to a property that requires extensive rehabilitation to be comfortable and up to modern standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16988, living area = 960.
Expansive Lot Size: The property boasts an exceptionally large 16,988 sqft lot, which is described as 'HUGE' and 'extremely rare for the area,' offering significant space for expansion or additional structures.
High Development Potential: Explicitly highlighted for its 'massive upside and endless potential to expand, add units or an ADU, or customize to your vision,' making it highly attractive for investors and developers.
No Homeowners Association (HOA): The absence of an HOA eliminates additional monthly fees and restrictive covenants, providing greater flexibility for property use, modifications, and cost savings.
Prime Investment Opportunity: Marketed as an 'INVESTOR SPECIAL' and an 'exceptional buy-and-hold, flip, or long-term value opportunity,' indicating strong potential for capital appreciation and return on investment.
Desirable Neighborhood Setting: Located on a quiet cul-de-sac in an exclusive neighborhood surrounded by well-kept homes, contributing to a stable, appealing, and potentially higher-value living environment.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-09-23. The sold price is $345,000.00.
Restricted Financing Options: The requirement for 'CASH OR HARD MONEY OFFERS ONLY' severely limits the potential buyer pool, excluding those who rely on conventional mortgage financing.
Small Existing Living Area: The current 960 sqft living space is relatively small for a 2-bedroom home, especially when compared to the expansive lot, suggesting it may require significant expansion to meet modern living standards or maximize the lot's potential.
Implied Renovation/Update Needs: Being an 'INVESTOR SPECIAL' with emphasis on 'customizing to your vision' strongly suggests the property likely requires substantial renovation, updates, or repairs to enhance its value and appeal.