24093 Webster Avenue, Moreno Valley, California 92553, Moreno Valley, 92553 - 4 bed, 3 bath

24093 Webster Avenue, Moreno Valley, California 92553 home-pic-0
ACTIVE$730,000
24093 Webster Avenue, Moreno Valley, California 92553
4Beds
3Baths
2,350Sqft
18,295Lot

Price Vs. Estimate

The estimated value ($730,000) is $0 (0%) lower than the list price ($730,000). This property may be overpriced.

Key pros and cons

Top Pros:
Strong Investment & Income Potential: The property is explicitly marketed as an excellent investment opportunity with strong income potential, currently generating $4,700/month from two rented living areas, appealing to investors and multi-generational families.
Top Cons:
Sold 'As-Is' Condition: The property is being sold 'as-is' with no guarantees or warranties from the seller regarding its condition or square footage, placing the burden of potential repairs or unknown issues on the buyer.

Compared to the nearby listings

Price:$730.0K vs avg $516.0K (+$214,000)99%
Size:2,350 sqft vs avg 1,403 sqft97%
Price/sqft:$311 vs avg $36621%

More Insights

Built in 1954 (71 years old).
Condition: Despite being built in 1954, the property has undergone a recent and extensive renovation, as described by 'thoughtfully renovated with a modern open-concept layout,' 'brand-new kitchen with ample cabinetry, contemporary appliances,' and 'updated bathrooms.' The images confirm modern, high-quality finishes including dark glossy flooring, large format tile, recessed lighting, and contemporary fixtures throughout. The overall aesthetic is fresh and move-in ready, meeting current quality standards with virtually new components.
Year Built
1954
Close
-
List price
$730K
Original List price
$750K
Price/Sqft
$311
HOA
-
Days on market
-
Sold On
-
MLS number
PW25130664
Home ConditionExcellent
Features
Patio
View-

About this home

Excellent Investment Opportunity in Prime Moreno Valley Location! Price Now Reduced $30,000 for quick sale! This upgraded property offers strong income potential and versatile living options. Situated on a large lot in a desirable neighborhood, the main house has been thoughtfully renovated with a modern open-concept layout—perfect for everyday living or entertaining. The main residence features 3 spacious bedrooms and 2 updated bathrooms. It includes a brand-new kitchen with ample cabinetry, contemporary appliances, and a generous dining area. The open floor plan enhances flow and natural light throughout. In addition, the property includes a private guest room with an en-suite bath and walk-in closet, ideal for extended family, rental income, or a comfortable home office setup. Adjacent to the guest room is a 175 sq ft solid patio cover, offering a shaded outdoor retreat perfect for relaxing or entertaining. The expansive backyard boasts low-maintenance landscaping, maximizing usable outdoor space with minimal upkeep. Per the owner, additional highlights include current combined rental income of $4,700/month (both living areas rented month-to-month), additional sub-dividable land and convenient access to schools, shopping centers, and freeway entrances. This property is excellent for investors, builders or multi-generational living. Please note: Property is being sold AS-IS. Seller makes no guarantees or warranties as to condition, or square footage. Buyers and agents are responsible for verifying all information provided including actual square footage, permits and zoning. DO NOT ACCESS THE PROPERTY WITHOUT AN APPOINTMENT. PLEASE DO NOT APPROACH THE TENANTS. Showings available; Call listing agent to scheduled. Don't miss this great opportunity.

Condition Rating
Excellent

Despite being built in 1954, the property has undergone a recent and extensive renovation, as described by 'thoughtfully renovated with a modern open-concept layout,' 'brand-new kitchen with ample cabinetry, contemporary appliances,' and 'updated bathrooms.' The images confirm modern, high-quality finishes including dark glossy flooring, large format tile, recessed lighting, and contemporary fixtures throughout. The overall aesthetic is fresh and move-in ready, meeting current quality standards with virtually new components.
Pros & Cons

Pros

Strong Investment & Income Potential: The property is explicitly marketed as an excellent investment opportunity with strong income potential, currently generating $4,700/month from two rented living areas, appealing to investors and multi-generational families.
Extensive Renovations & Modern Upgrades: The main house has been thoughtfully renovated with a modern open-concept layout, featuring a brand-new kitchen with contemporary appliances, updated bathrooms, and an enhanced flow of natural light.
Versatile Living Options with Guest Suite: Includes a private guest room with an en-suite bath and walk-in closet, offering flexible use as additional rental income, accommodation for extended family, or a dedicated home office.
Large Lot with Sub-dividable Land: Situated on an expansive 18,295 sq ft lot, the property offers additional sub-dividable land, presenting potential for future development or expansion.
Desirable Location & Accessibility: Located in a prime Moreno Valley neighborhood with convenient access to schools, shopping centers, and freeway entrances, enhancing its appeal for residents and tenants.

Cons

Sold 'As-Is' Condition: The property is being sold 'as-is' with no guarantees or warranties from the seller regarding its condition or square footage, placing the burden of potential repairs or unknown issues on the buyer.
Tenant Occupied with Showing Restrictions: The property is tenant-occupied on a month-to-month basis, requiring appointments for showings and prohibiting direct contact with tenants, which can complicate the viewing and sales process.
Extensive Buyer Due Diligence Required: Buyers are responsible for verifying all information, including actual square footage, permits, and zoning, suggesting potential discrepancies or a lack of verified data provided by the seller.

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