
Moreno Valley, California 92551
This Spacious Multi-Generational Home is a Prime Investment Opportunity, listed at $550,000—positioned well below the $571,364 Fair Market Value by 3%. This valuation gap provides $21,364 in Instant Equity for the buyer. Maintaining a Condition Rating of 4, the residence features soaring vaulted ceilings, a rare three-car garage, and a versatile main-level bedroom with a full bath. Located in the Val Verde district, the property offers significant appreciation potential through modernization of its original finishes. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16295 Starview Street Subject | $550,000* List Price | 4 | 3 | 2,197 | $260 | - |
A 15791 Ninya Sold | $460,000 | 4 | 3 | 1,954 | $235 | 0.5 mi |
B 24780 Suburban Sold | $600,000 | 4 | 3 | 1,894 | $317 | 0.6 mi |
C 25077 Morning Dove Way Sold | $545,000 | 4 | 3 | 1,711 | $319 | 0.2 mi |
D 16736 Secretariat Drive Sold | $570,000 | 4 | 3 | 1,811 | $315 | 0.5 mi |
E 16825 Baltic Court Sold | $530,000 | 4 | 2 | 1,685 | $315 | 0.6 mi |
F 25790 Via Salerno Court Pending | $500,000 List Price | 4 | 3 | 1,907 | $262 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this 34-year-old property fits the 'fair' criteria as it is aged but maintained. While the listing highlights brand-new flooring upstairs and a move-in ready status, there is no mention of significant updates to the kitchen or bathrooms, suggesting original 1990s finishes. The exterior shows some signs of age and the landscaping appears to have minor deferred maintenance.
The inclusion of a main-level bedroom and full bathroom offers excellent flexibility for multi-generational living or guest accommodations.
Soaring vaulted ceilings and an expansive upstairs bonus room create an open, airy atmosphere with plenty of room for a home office or play area.
A rare three-car garage combined with a large backyard storage shed provides superior utility for vehicle storage and organizational needs.
The property is noted as having no scenic views, which may limit its appeal compared to other homes in the region with mountain or city light vistas.
While the upstairs features new flooring, the 1990 construction and lack of mention regarding kitchen or bath updates suggest some areas may require modernization to meet contemporary tastes.
Don’t miss this four-bedroom home in Moreno Valley, featuring a spacious backyard and a three-car garage. Upon entry, you’re welcomed by a formal living and dining area highlighted by soaring vaulted ceilings and a cozy fireplace, creating an open and inviting atmosphere. Just off the kitchen, a comfortable family room offers the perfect space for everyday living and relaxation. The main level also includes a full bedroom and bathroom, ideal for guests or multi-generational living. Upstairs, you’ll find brand-new flooring throughout, along with a generously sized primary suite featuring vaulted ceilings and an en-suite bathroom with dual vanities. Two additional bedrooms and an expansive bonus room provide plenty of flexibility for a home office, playroom, or additional living space. The backyard offers ample room for entertaining, along with a storage shed for added convenience. Well-priced and move-in ready, this home presents an excellent opportunity you won’t want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,197 | 1,851 | 72% |
| Lot Size | 7,405 | 6,534 | 61% |
| Price | $550.0K | $545.0K | 53% |
| Price per sq ft | $250 | $315 | 24% |
| Built year | 1990 | 1990 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 174 | 1% |
Apr 3, 2026
$550,000
Initial Listing
Sep 7, 2017
$320,000
Public Record
Jun 30, 2017
$281,000
Public Record
Feb 27, 2009
$171,000
Public Record
Apr 11, 2006
$415,000
Public Record