
Moreno Valley, California 92553
This property presents a High-Potential Investment Opportunity with a List Price of $399,999—positioned well below the $389,737 Fair Market Value by -2%. While the home carries a Condition Rating of 5, the expansive 8,276 sqft lot offers significant upside for future expansion or an ADU. The property features a private patio and provides a strategic location for commuters near the 60 and 215 freeways. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13373 Birchwood Drive Subject | $399,999* List Price | 2 | 1 | 1,179 | $331 | - |
A 24650 Myrna Street Sold | $420,000 | 4 | 2 | 1,378 | $305 | 0.4 mi |
B 24928 Basswood Sold | $420,000 | 3 | 2 | 1,116 | $376 | 0.3 mi |
C 13631 Pecan Sold | $460,000 | 3 | 2 | 1,116 | $412 | 0.4 mi |
D 24448 Dorner Dr Sold | $415,000 | 4 | 2 | 1,342 | $309 | 0.7 mi |
E 13569 Terra Bella Sold | $500,000 | 4 | 2 | 1,428 | $350 | 0.8 mi |
F 24762 Eugena Avenue Sold | $324,900 | 3 | 2 | 1,008 | $322 | 0.6 mi |
G 25286 Old Farm Pending | $440,000 List Price | 2 | 2 | 1,067 | $412 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 and marketed with phrases like 'Opportunity Knocks' and 'endless potential,' this property is a classic fixer-upper. At 65 years old with no mention of renovations, the kitchen, bathroom, and major systems (HVAC/Electrical) likely require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1179.
Priced under $400,000, this property offers a highly accessible entry point for first-time homebuyers or investors looking for value in the Moreno Valley market.
The expansive 8,276 square foot lot provides significant outdoor space and offers excellent potential for future expansions or the addition of an Accessory Dwelling Unit (ADU).
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1179, other record living area = 894.
The 2-bedroom, 1-bathroom layout may limit the property's appeal to larger families or buyers seeking more modern multi-bath configurations.
Built in 1959 and marketed as having 'endless potential,' the home likely requires significant cosmetic or structural updates to meet contemporary standards.
Opportunity Knocks! Charming 2-bedroom, 1-bath home on a spacious lot in the AFFORDABLE Sherlock Homes neighborhood of Moreno Valley. With great bones and endless potential, this is the perfect starter home or investment opportunity. Conveniently located near shopping, restaurants, banks, schools, parks, and easy access to the 60 and 215 Freeways for commuters.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,179 | 1,782 |
| Lot Size | 8,276 | 6,970 |
| Price | $400.0K | $550.3K |
| Price per sq ft | $339 | $321 |
| Built year | 1959 | 1989 |
| HOA | $0 | $132 |
| Days on market | 7 | 58 |
Jul 16, 2026
$399,999
Initial Listing
Jul 15, 2026
$409,999
Initial Listing
Nov 28, 2017
$220,000
Public Record
Jul 10, 1996
$51,000
Public Record