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23610 David Lane, Moreno Valley, California 92557, Moreno Valley, 92557 - 3 bed, 2 bath

23610 David Lane, Moreno Valley, California 92557 home-pic-0
ACTIVE$645,000
23610 David Lane, Moreno Valley, California 92557
3Beds
2Baths
2,090Sqft
8,712Lot
Year Built
1955
Close
-
List price
$645K
Original List price
$75K
Price/Sqft
$309
HOA
-
Days on market
-
Sold On
-
MLS number
CV25154359
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,5 Pros. Rank: price - $645.0K(79th), sqft - 2090(66th), beds - 3(41th), baths - 2(40th).

This unique Moreno Valley property at 23610 David Lane features a front house with 3 bedrooms, 2 bathrooms, and an additional non-permitted bedroom for extra space. The detached back house offers 2 bedrooms and 1 bathroom, perfect for extended family or rental income potential. The front home boasts an open living area with a cozy fireplace and a functional kitchen with plenty of storage. The spacious lot provides ample parking and outdoor space for gatherings. Conveniently located near schools, shopping, and freeway access, this property is ideal for multi-generational living or investors. There is a second unit added, 23614 David Lane. 2 bed 1 bath.

Price History

Date
Event
Price
08/09/25
Price Change
$645,000-5.1%
08/07/25
Price Change
$679,999-9.3%
08/02/25
$750,000
07/09/25
$75,000
Condition Rating
Fair
Built in 1955, this property is aged. While some areas like the living room show updated large-format tile flooring and fresh paint, suggesting recent cosmetic improvements, the absence of kitchen and bathroom images is a concern. The description mentions a 'functional kitchen,' which often implies it's not recently updated or modern. The backyard is undeveloped. The property appears maintained and livable, but likely requires further updates in key areas (kitchen, bathrooms) to meet current standards, aligning with the 'aged but maintained' and 'functional but show signs of being outdated' criteria for a 'Fair' condition.
Pros & Cons

Pros

Multi-Unit Configuration: The property features a main house and a detached second unit, offering significant potential for multi-generational living or rental income.
Income/Investment Potential: The presence of a detached Accessory Dwelling Unit (ADU) makes this property highly attractive to investors seeking rental income or buyers looking to offset mortgage costs.
Generous Lot Size: A spacious 8,712 sqft lot provides ample outdoor space for recreation, parking, and potential future enhancements.
Strategic Location: Conveniently situated near essential amenities such as schools, shopping centers, and major freeway access, enhancing daily convenience.
Flexible Living Space: The combined bedroom and bathroom count across two units provides extensive flexibility for various family structures or tenant arrangements.

Cons

Non-Permitted Addition: The presence of a 'non-permitted bedroom' poses legal and financial risks, potentially complicating financing, insurance, and future resale.
Property Age & Potential Updates: Built in 1955, the property is older and may require significant updates to systems (e.g., plumbing, electrical, HVAC) and aesthetics to meet modern standards and avoid deferred maintenance issues.
Recent Price Reductions: Multiple price drops from the original listing suggest potential overpricing or challenges in market appeal, which could indicate underlying issues or a need for further negotiation.

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