
Moreno Valley, California 92553
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned well above the $392,719 Fair Market Value by -8%. While the property requires a full rehab due to its Condition Rating of 5, the 9,148 sqft flat lot provides significant upside for an ADU or expansion. The 3-bedroom, 2-bath layout offers a functional canvas for value-add renovations. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers capable of executing a comprehensive modernization plan to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14278 Victor Drive Subject | $425,000* List Price | 3 | 2 | 1,330 | $295 | - |
A 24156 Jimson Sold | $482,550 | 3 | 2 | 1,339 | $360 | 0.6 mi |
B 24448 Dorner Dr Sold | $415,000 | 4 | 2 | 1,342 | $309 | 0.8 mi |
C 13631 Pecan Sold | $460,000 | 3 | 2 | 1,116 | $412 | 0.7 mi |
D 14725 Carla Jean Drive Sold | $500,000 | 3 | 2 | 1,270 | $394 | 0.5 mi |
E 24928 Basswood Sold | $420,000 | 3 | 2 | 1,116 | $376 | 0.7 mi |
F 13921 Pheasant Knoll Sold | $510,000 | 3 | 2 | 1,302 | $392 | 0.4 mi |
G 24650 Myrna Street Pending | $389,950 List Price | 4 | 2 | 1,378 | $283 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1982 (42 years old) with no significant renovations. The kitchen features original-style oak cabinetry and dated appliances, while the interior shows significant wear including scuffed walls, popcorn ceilings, and missing closet doors. The listing explicitly states it 'needs some TLC,' indicating a need for a full rehab rather than minor repairs.
The property features a large 9,148 sqft flat lot that is fully fenced, providing ample space for outdoor entertaining, gardening, or the potential addition of an Accessory Dwelling Unit (ADU).
With no HOA fees and low taxes, this property represents an excellent opportunity for first-time buyers or investors to build equity through strategic renovations in a convenient location.
The home offers a desirable open-concept floor plan with a spacious kitchen and a cozy fireplace, complemented by the convenience of an attached two-car garage.
The property is noted as needing 'some TLC,' indicating that immediate investment in repairs or cosmetic updates will be necessary to bring the home to modern standards.
Built in 1982 with no mention of recent major system upgrades, the home may require modernization of its mechanical systems or interior finishes to improve energy efficiency and aesthetic appeal.
Back on market - Buyer could not perform. Fantastic opportunity to buy in Moreno Valley! Single Story 3 bedroom, 2 bath. This home is perfect for first time buyers or as an investment. So much potential, just needs some TLC. Inside you’ll find an open and functional layout. Spacious kitchen with plenty of storage space. Open concept living room complete with cozy fireplace. The expansive and fully fenced yard has plenty of room for entertaining or additional improvements. Attached 2 car garage. Located on a large lot with flat usable land. Conveniently located near schools, shopping, freeway access and more. Low taxes and no HOA. Call today to schedule a private tour!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,330 | 1,378 | 45% |
| Lot Size | 9,148 | 7,405 | 91% |
| Price | $425.0K | $525.0K | 12% |
| Price per sq ft | $320 | $374 | 29% |
| Built year | 1982 | 1983 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 152 | 3% |
May 24, 2026
$425,000
Initial Listing