15653 Patricia, Moreno Valley, California 92551, Moreno Valley, 92551 - 2 bed, 1 bath
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15653 Patricia
Moreno Valley, California 92551
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
1Baths
947Sq Ft
6,098Lot Size
Property Price
LIST PRICE$437,000
EST. MARKET VALUE
$440,252
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $437,000—positioned well below the $437,896 Fair Market Value by 0.2%. This valuation gap offers $896 in Instant Equity. Featuring a Fair Condition Rating, the home requires cosmetic modernization to reach its full potential. The 6,098-square-foot lot and open floor plan provide a solid foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Moreno Valley market.
Estimated Market Value
$440,252
Based on Realkey algorithm analyzing recent comparable sales in Moreno Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15653 Patricia Subject | $437,000* List Price | 2 | 1 | 947 | $465 | - |
A 25065 Wendy Wy Sold | $460,000 | 2 | 2 | 936 | $491 | 0.2 mi |
B 25560 Casa Encantador Sold | $485,000 | 2 | 2 | 1,060 | $458 | 0.4 mi |
C 25391 Maxy Drive Sold | $452,000 | 2 | 2 | 970 | $466 | 0.5 mi |
D 24349 Fitz Street Sold | $450,000 | 2 | 1 | 854 | $527 | 0.9 mi |
E 25860 Margaret Avenue Sold | $470,000 | 2 | 2 | 1,038 | $453 | 0.7 mi |
F 25176 Wendy Way Sold | $460,000 | 2 | 2 | 947 | $486 | 0.2 mi |
G 25454 Moorland Road Sold | $495,000 | 3 | 2 | 1,060 | $467 | 0.6 mi |
H 25606 Vista Famoso Active | $430,000 List Price | 2 | 2 | 1,060 | $406 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1986 (38 years old), the property is dated but functional. The kitchen retains original oak cabinetry and laminate counters, and the flooring is dated vinyl. While the bathroom shower has been updated with newer tile, the vanity remains original. The HVAC condenser appears newer, but the overall interior requires cosmetic modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Entry-Level Affordability
Priced competitively at $437,000, this property serves as an excellent entry point for first-time buyers or investors looking for a detached single-family residence in the Southern California market.
- Generous Lot Size
The 6,098-square-foot lot offers substantial outdoor space relative to the home's footprint, providing significant potential for landscaping, outdoor entertaining, or future property expansion.
- Functional Open Floor Plan
The interior features an open layout and spacious bedrooms that maximize the 947 square feet of living space, creating a versatile environment for modern living and easy customization.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Limited Living Space and Facilities
With only two bedrooms and a single bathroom, the property's small footprint may limit its appeal to larger families or buyers requiring more comprehensive amenities.
- Need for Modernization
Marketed as having 'endless possibilities' and 'potential,' the home likely requires additional capital investment for cosmetic or functional upgrades to meet contemporary standards.
About 15653 Patricia
Excellent Opportunity for First-Time Home Buyer or Investor. Open floor plan with 2 spacious bedrooms. Full of potential. This property offers affordability, value, and endless possibilities. It will not last.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 947 | 1,792.434 |
| Lot Size | 6,098 | 7,133.965 |
| Price | $437.0K | $554.8K |
| Price per sq ft | $461 | $320 |
| Built year | 1986 | 1989 |
| HOA | $0 | $128 |
| Days on market | 43 | 59 |
Pricing History
Listed for Sale
Jul 28, 2026
$437,000
Initial Listing
Sold
Nov 5, 1999
$69,000
Public Record