23610 David Lane, Moreno Valley, California 92557, Moreno Valley, 92557 - 6 bed, 3 bath
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Moreno Valley, California 92557
This Multi-Generational Residential Property is a Strong Value Opportunity, listed at $560,000—positioned well below the $616,490 Fair Market Value by 9%. This valuation gap provides $56,490 in Instant Equity. Boasting a Good Condition Rating, the estate features a renovated main home and a 2022 Detached ADU, offering turnkey rental income potential. With Leased Solar Panels and easy 60 Freeway access within the Moreno Valley Unified district, it perfectly balances financial logic with lifestyle utility. 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 |
|---|---|---|---|---|---|---|
★ 23610 David Lane Subject | $560,000* List Price | 6 | 3 | 2,090 | $295 | - |
A 12065 Webb Street Sold | $675,000 | 5 | 3 | 2,118 | $319 | 0.3 mi |
B 23535 Rhea Drive Sold | $595,000 | 4 | 3 | 1,793 | $332 | 0.6 mi |
C 11606 Kasba Circle Sold | $540,000 | 4 | 2 | 1,559 | $346 | 0.9 mi |
D 23555 Judge Ward Court Active | $584,950 List Price | 4 | 3 | 2,024 | $289 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from a newly constructed detached ADU built in 2022. The main 1955 residence has been extensively renovated with modern interior finishes, including large-format marble-look tile flooring, updated kitchen cabinetry with granite countertops, and recessed lighting. While the exterior and some infrastructure reflect its original age, the overall quality of the interior updates and the addition of solar panels meet the criteria for a good condition score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 2090.
The property features a detached 2-bedroom, 1-bathroom ADU built in 2022, providing a turnkey opportunity for rental income or multi-generational living.
Equipped with almost-paid-off leased solar panels, offering the buyer significant long-term savings on utility costs and enhanced energy sustainability.
The primary residence dates back to 1955, which may require more frequent maintenance or updates to aging infrastructure compared to the modern ADU.
With six bedrooms distributed across two dwellings on an 8,712 sqft lot, private outdoor space and parking may feel constrained for a full multi-family occupancy.
HOUSE WITH PERMITTED ADU!!! Located in North Moreno Valley, this property is perfect for a large family or multi-generational living. The main home features 4 bedrooms and 2 bathrooms, along with a detached ADU built in 2022 offering 2 bedrooms and 1 bathroom, perfect for generating rental income. Situated on a large lot and conveniently close to the 60 Freeway, this home also includes almost-paid-off leased solar panels for added energy efficiency and savings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 99% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,090 | 1,765 | 70% |
| Lot Size | 8,712 | 7,841 | 65% |
| Price | $560.0K | $563.5K | 49% |
| Price per sq ft | $268 | $332 | 18% |
| Built year | 1955 | 1987 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 184 | 1% |
Mar 27, 2026
$560,000
Initial Listing
Oct 26, 2020
$347,500
Public Record
Jan 7, 2020
$248,000
Public Record
Jan 6, 2020
$237,000
Public Record
May 28, 2015
$195,000
Public Record
Mar 15, 2011
$120,000
Public Record
Feb 28, 2006
$300,000
Public Record