24291 Gabriel, Moreno Valley, California 92551, Moreno Valley, 92551 - 3 bed, 3 bath
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Moreno Valley, California 92551
This property presents a High-Potential Investment Opportunity with a List Price of $489,950—positioned above the $438,467 Fair Market Value by 11%. While the property requires modernization, its Fair Condition Rating and rare 3-bedroom, 3-bathroom layout provide a solid foundation for value-add renovations. Located in the Moreno Valley Unified School District, the home features a functional Patio and offers a stable environment for long-term growth. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24291 Gabriel Subject | $489,950* List Price | 3 | 3 | 1,381 | $317 | - |
A 24426 Filaree Sold | $495,000 | 3 | 3 | 1,381 | $358 | 0.2 mi |
B 24411 Electra Court Sold | $441,000 | 3 | 3 | 1,577 | $280 | 0.5 mi |
C 24452 Electra Court Sold | $500,000 | 4 | 3 | 1,381 | $362 | 0.4 mi |
D 24348 Karry Sold | $575,000 | 3 | 3 | 1,577 | $365 | 0.1 mi |
E 24344 Katrina Pending | $519,900 List Price | 3 | 3 | 1,381 | $376 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this 41-year-old property is dated and shows signs of deferred maintenance, particularly in the landscaping and exterior. While the interior has basic cosmetic updates like new carpet and paint, it retains original features like popcorn ceilings. It is functional and move-in ready but requires modernization of kitchens, baths, and likely aging systems to meet current market standards.
Priced under $500,000, this property serves as an excellent entry-level opportunity for first-time homebuyers or investors looking for value in the Inland Empire market.
The rare 3-bedroom, 3-bathroom configuration provides a high level of convenience and privacy, ensuring each bedroom has easy access to a dedicated or nearby bathroom.
Situated in a mature area of Moreno Valley within the Moreno Valley Unified School District, the home offers a stable suburban environment with proximity to local schools and services.
With 1,381 square feet of living space distributed across three bedrooms and three baths, the individual room sizes and common areas may feel restrictive for larger families.
Built in 1983, the property is over 40 years old and may require significant capital investment for modernizing major systems, energy efficiency upgrades, or cosmetic renovations.
Exceptional opportunity in Moreno Valley. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,381 | 1,622 | 31% |
| Lot Size | 5,227 | 6,098 | 33% |
| Price | $489.9K | $535.0K | 20% |
| Price per sq ft | $355 | $323 | 64% |
| Built year | 1983 | 1989 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 157 | 4% |
May 27, 2026
$489,950
Initial Listing
Aug 31, 2004
$250,000
Public Record
Nov 15, 1994
$85,000
Public Record