
Moreno Valley, California 92553
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at $434,999—positioned well above the $393,251 Fair Market Value by -10%. While the property requires modernization due to its Fair Condition Rating, recent upgrades like a new water heater and vinyl fencing provide a solid foundation. The compact 900 sqft layout and quiet location offer a manageable project for Buy-and-Hold Investors or first-time buyers seeking to build equity through cosmetic renovations in an established Moreno Valley neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23825 Betts Pl Subject | $434,999* List Price | 2 | 3 | 900 | $437 | - |
A 24050 Fawn St Sold | $440,000 | 2 | 2 | 896 | $491 | 0.3 mi |
B 24150 Rothbury Sold | $448,000 | 2 | 1 | 765 | $586 | 0.4 mi |
C 13241 Oak Dell Street Sold | $450,000 | 2 | 2 | 1,015 | $443 | 0.9 mi |
D 23481 Dome Active | $495,000 List Price | 3 | 2 | 1,220 | $406 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 40-year-old property is functional but dated. While it features some recent maintenance updates like a new water heater and vinyl fencing, the interior—including the kitchen and bathrooms—appears to be largely original or older, requiring modernization to meet current market standards.
The property offers significant long-term savings with no HOA fees and low taxes, making it an ideal choice for first-time buyers or investors looking to minimize monthly carrying costs.
Recent installations of a brand-new water heater, a new garage door, and high-quality vinyl fencing provide immediate value and reduce the need for near-term capital expenditures.
Situated in a well-established neighborhood, the home provides excellent accessibility, located just minutes from the Moreno Valley Mall, diverse dining options, and major freeway on-ramps.
At only 900 square feet, the interior footprint is relatively small for a single-family residence, which may limit its appeal to larger families or those requiring more spacious common areas.
With over 80 days on the market and multiple price reductions, the property has faced challenges in securing a buyer, potentially indicating that further cosmetic updates or price adjustments are necessary to compete.
Charming single-story home nestled in a quiet, well-established neighborhood. This inviting property offers 2 bedrooms, 2 bathrooms, and a 2-car garage, along with a brand-new water heater and new garage door for added peace of mind. Inside, the home features a comfortable and functional layout with plenty of potential to make it your own. The spacious backyard is enhanced by new vinyl fencing and provides ample room for outdoor entertaining, gardening, or creating a private retreat. Conveniently located just minutes from shopping, dining, Moreno Valley Mall, and major freeways, this home combines comfort with accessibility. With low taxes, no HOA, and a desirable location, this is a wonderful opportunity for buyers looking to personalize a home to fit their style.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 900 | 1,782 |
| Lot Size | 3,484 | 6,970 |
| Price | $435.0K | $550.3K |
| Price per sq ft | $483 | $321 |
| Built year | 1984 | 1989 |
| HOA | $0 | $132 |
| Days on market | 128 | 58 |
Jun 6, 2026
$434,999
$439,000
-1% Price Drop
Initial Listing
Apr 23, 2026
$439,000
Initial Listing
Mar 16, 2026
$459,000
Initial Listing
Dec 17, 2019
$263,000
Public Record
Mar 6, 2009
$80,000
Public Record
Oct 12, 2005
$275,000
Public Record
Nov 17, 2004
$215,000
Public Record