22330 Farragut, Moreno Valley, California 92553, Moreno Valley, 92553 - 2 bed, 1 bath
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Moreno Valley, California 92553
This Move-In Ready Residence is listed at $450,000, offering a stable value proposition near its $417,665 Fair Market Value. Featuring a Condition Rating of 3, this home provides a worry-free lifestyle with a 2-year-old roof, 4-year-old HVAC system, and a New Soft Water System. The property’s standout feature is the attached studio with a private entrance, perfect for a guest suite or home office. Situated on a 6,970 sq. ft. lot within the Moreno Valley Unified district, it is the perfect fit for Owner-Occupants or first-time buyers seeking a flexible, upgraded sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22330 Farragut Subject | $450,000* List Price | 2 | 1 | 792 | $527 | - |
A 13376 Barbara Sold | $480,000 | 3 | 2 | 952 | $504 | 0.6 mi |
B 22926 Scribner Drive Sold | $475,000 | 2 | 1 | 905 | $525 | 0.7 mi |
C 13176 Gina Avenue Sold | $430,000 | 3 | 2 | 980 | $439 | 1.0 mi |
D 13241 Oak Dell Street Sold | $450,000 | 2 | 2 | 1,015 | $443 | 0.8 mi |
E 13844 Boeing St Pending | $454,999 List Price | 2 | 1 | 1,000 | $455 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent upgrades, including a 2-year-old roof and a 4-year-old HVAC system. The interior has been extensively updated with a modern kitchen featuring white shaker cabinets and stainless steel appliances, as well as a renovated bathroom with contemporary tile work. While the original structure dates to 1955, the major systems and aesthetic finishes are well-maintained and within their expected lifespan, though the unknown permit status for the studio addition keeps it from an 'excellent' rating.
The property includes an attached studio with a private entrance and kitchenette, offering excellent potential for rental income, a home office, or multi-generational living.
Significant recent upgrades, including a 2-year-old roof, a 4-year-old HVAC system, and a new water filtration system, provide immediate value and reduced maintenance concerns.
Situated on a generous 6,970 sq. ft. lot near major freeways and shopping centers, the property combines outdoor flexibility with high urban convenience.
The permit status for the attached studio is unknown, which could lead to complications with financing, appraisals, or future building code compliance.
The solar system is under a lease agreement rather than being owned, requiring the buyer to assume a monthly contract and potentially complicating the escrow process.
Charming 2 bedrooms, 1 bathroom home in Moreno Valley featuring an attached studio with its own Kitchenette, full bathroom with private entrance-ideal for 3rd bedroom, home office or guest space (permits unknown). Situated in a desirable location near schools, shopping, and major freeways, this property offers both convenience and flexibility. The home sits on a spacious lot and includes, central heating and air system installed approximately 4 years ago. The home has solar and is under contract/ purchase (buyer must assume loan).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 792 | 1,414 | 4% |
| Lot Size | 6,970 | 7,405 | 34% |
| Price | $450.0K | $530.5K | 17% |
| Price per sq ft | $568 | $376 | 96% |
| Built year | 1955 | 1984 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 168 | 1% |
Mar 22, 2026
$450,000
Initial Listing
Nov 15, 2023
$390,000
Public Record
Aug 26, 2011
$60,000
Public Record