
Moreno Valley, California 92553
This Value-Add Residential Asset is listed at $480,000, representing a stable entry point aligned with its $479,641 Fair Market Value. Featuring a Condition Rating of 4, the 1956-built home requires modernization of its original systems but offers significant upside through its expansive 13,504 sqft lot and City Lights view. The property’s footprint provides rare potential for an ADU or structural expansion within the Moreno Valley Unified district. This listing is a strategic acquisition for Value-Add Investors or first-time buyers looking to force appreciation through renovation in a family-oriented location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13152 Helmsdale Subject | $480,000* List Price | 3 | 1 | 1,366 | $351 | - |
A 13013 Running Deer Sold | $532,000 | 3 | 2 | 1,543 | $345 | 0.4 mi |
B 24420 Dorner Drive Sold | $537,000 | 4 | 2 | 1,342 | $400 | 0.5 mi |
C 13260 Moreno Way Sold | $560,000 | 4 | 2 | 1,466 | $382 | 0.6 mi |
D 24247 Millsap Sold | $500,000 | 4 | 2 | 1,783 | $280 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, this property is significantly dated. While it has had some cosmetic paint and flooring updates, the kitchen cabinetry and bathroom fixtures appear to be over 20 years old. The presence of wall heaters and window AC units instead of a central HVAC system confirms the systems are outdated and need modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 1366.
The property boasts a significant 13,504 sqft lot, offering rare potential for ADU construction, gardening, or future structural expansion.
Conveniently situated near an elementary school within the Moreno Valley Unified district, making it an ideal choice for families with young children.
With only one bathroom serving three bedrooms, the layout may present functional challenges for larger households or guests.
Built in 1956, the home may require updates to its original systems and finishes to meet modern energy efficiency and design standards.
Beautiful Home with Spacious Lot Near Elementary School! Welcome to this charming 3-bedroom, 1-bathroom home featuring a large lot perfect for entertaining, gardening, or future expansion. Conveniently located near an elementary school. Don’t miss out on this great opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 1,366 | 1,414 | 48% |
| Lot Size | 13,504 | 7,405 | 96% |
| Price | $480.0K | $530.5K | 23% |
| Price per sq ft | $351 | $375 | 36% |
| Built year | 1956 | 1984 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 181 | 169 | 59% |
Oct 23, 2025
$480,000
Initial Listing