12821 Alona Street, Moreno Valley, California 92553, Moreno Valley, 92553 - 4 bed, 2 bath
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Moreno Valley, California 92553
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned slightly above the $489,437 Fair Market Value. While the home requires updates, its Fair Condition Rating and functional 1,698 sqft layout provide a solid foundation for value-add renovations. The expansive 7,405 sqft lot, featuring RV Parking and a covered patio, offers significant utility for long-term appreciation. This asset is well-suited for Fix-and-Flip Investors or handy owner-occupants looking to build equity through strategic modernization in the Moreno Valley Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12821 Alona Street Subject | $499,000* List Price | 4 | 2 | 1,698 | $288 | - |
A 13094 Pavillion Court Sold | $550,000 | 4 | 2 | 1,793 | $307 | 0.3 mi |
B 13270 Larkhaven Drive Sold | $540,000 | 4 | 2 | 1,638 | $330 | 0.4 mi |
C 12659 Meadbury Drive Sold | $575,000 | 4 | 2 | 1,582 | $363 | 0.5 mi |
D 13356 Bambi Court Sold | $505,000 | 3 | 2 | 1,543 | $327 | 0.5 mi |
E 13077 Bagatelle Sold | $577,000 | 4 | 2 | 1,844 | $313 | 0.7 mi |
F 13064 Sunlit Court Sold | $525,000 | 3 | 2 | 1,890 | $278 | 0.2 mi |
G 13013 Running Deer Sold | $532,000 | 3 | 2 | 1,543 | $345 | 0.2 mi |
H 23670 Bay Avenue Sold | $495,000 | 3 | 2 | 1,374 | $360 | 0.9 mi |
I 12674 Shadybend Pending | $531,999 List Price | 4 | 2 | 1,568 | $339 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this 40+ year old home is dated and requires 'TLC' as noted in the description. While it has some cosmetic updates like laminate flooring and grey paint, the kitchen retains original oak cabinetry, and popcorn ceilings are present throughout. It is functional but needs modernization of primary systems and surfaces to meet current 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 = 1698.
With 4 bedrooms and nearly 1,700 sqft of living space, the functional single-story floor plan offers excellent accessibility and ample room for growing families.
The property features a generous 7,405 sqft lot equipped with dedicated RV parking and a covered patio, providing significant utility for outdoor storage and entertainment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1698, other record living area = 1498. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is explicitly noted as needing 'TLC,' indicating that immediate capital investment will be required for repairs and cosmetic updates.
Built in 1982, the home likely requires modernization of major systems and finishes to meet contemporary energy efficiency and aesthetic standards.
Opportunity awaits! With a little TLC, this single-story home offers an excellent chance to build instant equity. The functional floor plan features a spacious living room with a cozy fireplace, a dining area, and a kitchen that opens to the family room, creating a comfortable space for everyday living and entertaining. The home also includes a primary suite with an en-suite bath, three additional bedrooms, and a full hall bathroom. Outside, you'll find RV parking, a covered patio, and a fenced backyard with plenty of room for outdoor enjoyment. Conveniently located near shopping, schools, parks, and freeway access, this property offers outstanding potential for homeowners and investors alike. Don't miss this opportunity to make it your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,698 | 1,782 |
| Lot Size | 7,405 | 6,970 |
| Price | $499.0K | $550.3K |
| Price per sq ft | $294 | $321 |
| Built year | 1982 | 1989 |
| HOA | $0 | $132 |
| Days on market | 20 | 58 |
Jul 2, 2026
$499,000
Initial Listing
May 13, 2003
$180,000
Public Record
Mar 6, 2003
$75,000
Public Record