16776 Secretariat Dr, Moreno Valley, California 92551, Moreno Valley, 92551 - 3 bed, 3 bath
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Moreno Valley, California 92551
This Value-Add Residential Asset is listed at $489,999, with a $375,790 Fair Market Value reflecting its current unrenovated state. Carrying a Condition Rating of 5, the property is an "as-is" sale requiring a full interior overhaul to modernize original 1990 finishes and dated systems. The layout features a private patio and a backyard with significant ADU potential, providing a versatile canvas for expansion. Located in the Val Verde high school district, the property is primed for forced appreciation. This asset is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16776 Secretariat Dr Subject | $489,999* List Price | 3 | 3 | 1,461 | $257 | - |
A 25790 Via Salerno Court Sold | $500,000 | 4 | 3 | 1,907 | $262 | 0.6 mi |
B 25165 Pebble Creek Way Sold | $555,000 | 4 | 3 | 1,588 | $349 | 0.1 mi |
C 16850 Via Lunado Sold | $475,000 | 3 | 2 | 1,464 | $324 | 0.3 mi |
D 16736 Secretariat Drive Sold | $570,000 | 4 | 3 | 1,811 | $315 | 0.0 mi |
E 16413 Saddlebrook Lane Pending | $484,950 List Price | 3 | 3 | 1,507 | $322 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990 (>30 years old) with no evidence of renovations. The kitchen and bathrooms are original and show significant wear, including dated tile countertops and worn cabinetry. Interior features like popcorn ceilings, stained carpets, and visible drywall damage in the bathrooms, combined with an 'as-is' sale status, indicate the property requires a full rehab.
The home features multiple living areas and a spacious interior with abundant natural light, providing excellent flexibility for multi-generational living or entertaining.
The private backyard offers ample space for gardening and the potential to add an Accessory Dwelling Unit (ADU), presenting a significant value-add opportunity for investors or homeowners.
Conveniently situated near schools, parks, and shopping centers with easy freeway access, making it a highly accessible location for commuters and families.
The property is being sold in as-is condition, which implies that buyers should anticipate additional capital expenditures for necessary repairs or modernizations.
Built in 1990, the interior likely requires cosmetic updates and kitchen customization to align with contemporary design standards and maximize market value.
Beautiful opportunity in Moreno Valley offering a functional layout with multiple living areas, abundant natural light, and a warm, inviting atmosphere throughout. The spacious interior provides flexibility for everyday living, entertaining, or multi-generational needs, while the kitchen offers ample cabinetry and potential for customization. Step outside to a private backyard with room for outdoor enjoyment, gardening, or possible ADU potential (buyer to verify). Conveniently located near schools, parks, shopping, and with easy freeway access. Property is sold as-is, presenting a great opportunity for homeowners or investors to update and add value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,461 | 1,811 | 33% |
| Lot Size | 5,227 | 6,098 | 34% |
| Price | $490.0K | $540.0K | 21% |
| Price per sq ft | $335 | $315 | 59% |
| Built year | 1990 | 1990 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 174 | 1% |
Apr 14, 2026
$489,999
Initial Listing
Jul 30, 2004
$260,000
Public Record
Nov 20, 2002
$153,500
Public Record