
Moreno Valley, California 92551
This Value-Add Residential Asset is listed at $480,000, presenting a strategic entry point into a quiet Moreno Valley neighborhood. With a Condition Rating of 5, the property shows significant deferred maintenance and requires a full renovation of the kitchen and bathrooms to reach its full potential. While the $381,476 Fair Market Value reflects its current state, the expansive 7,405 sqft lot and location within the Moreno Valley Unified district offer substantial room for forced appreciation. This project is perfectly suited for Fix-and-Flip Investors or Contractors looking to revitalize a well-located family home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15202 Batton Subject | $470,000* List Price | 3 | 2 | 1,496 | $253 | - |
A 24452 Electra Court Sold | $500,000 | 4 | 3 | 1,381 | $362 | 0.4 mi |
B 24341 Carman Sold | $495,000 | 3 | 3 | 1,587 | $312 | 0.8 mi |
C 24411 Electra Court Active | $483,600 List Price | 3 | 3 | 1,577 | $307 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979, this property shows significant signs of age and deferred maintenance. The kitchen features very dated light wood cabinets, laminate countertops, white appliances, and an old fluorescent light fixture, requiring a full renovation. The bathrooms also present with outdated vanities, laminate countertops, and fixtures. The exterior landscaping is neglected, contributing to low curb appeal. While the structure appears sound, the aesthetic and functional obsolescence of key areas like the kitchen and bathrooms, along with the exterior, necessitate substantial repairs and rehabilitation to meet current market 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 = 1496.
The property is situated in a 'nice quiet neighborhood' in Moreno Valley, enhancing its appeal for peaceful family living.
With a 7,405 sqft lot, there is 'plenty room to add a pool and jacuzzi and so much more,' offering significant customization and outdoor living potential.
Built in 1979, the property's age may suggest a need for updates to systems or aesthetics to align with modern buyer preferences, potentially incurring additional costs.
The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic outlooks or elevated perspectives.
The property description is brief and lacks specific information on interior features, upgrades, or recent renovations, which might imply a need for interior modernization.
Nestle yourself in this beautiful family home in nice quiet neighborhood in Moreno Valley. Plenty room to add a pool and jacuzzi and so much more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,496 | 1,811 | 34% |
| Lot Size | 7,405 | 6,534 | 61% |
| Price | $470.0K | $540.0K | 11% |
| Price per sq ft | $314 | $315 | 49% |
| Built year | 1979 | 1990 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 134 | 174 | 31% |
Apr 16, 2026
$470,000
$480,000
-2% Price Drop
Initial Listing
Dec 9, 2025
$480,000
Initial Listing
Aug 30, 2024
$520,500
Public Record
Apr 6, 2015
$229,000
Public Record
May 3, 2010
$115,000
Public Record
Nov 4, 2003
$155,000
Public Record
Dec 18, 1998
$75,000
Public Record