
Moreno Valley, California 92551
This Value-Add Single-Story Residence is listed at $425,000, presenting a stable purchase opportunity aligned with its $417,223 Fair Market Value. Boasting a Condition Rating of 4, the home is a prime candidate for modernization, requiring fresh paint and flooring to unlock its full valuation. Key features include a 2-car garage, a private patio, and a neighborhood view within the Moreno Valley Unified district. With no HOA fees and a low-maintenance lot, this property is an ideal acquisition for Fix-and-Flip Investors or first-time buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24349 Fitz Street Subject | $425,000* List Price | 2 | 1 | 854 | $489 | - |
A 15207 Paige Avenue Sold | $452,000 | 2 | 1 | 854 | $529 | 0.5 mi |
B 15403 Theresa Avenue Sold | $440,000 | 2 | 1 | 854 | $515 | 0.4 mi |
C 24416 Filaree Avenue Sold | $450,000 | 2 | 2 | 1,000 | $450 | 0.5 mi |
D 25176 Wendy Way Sold | $460,000 | 2 | 2 | 947 | $486 | 0.8 mi |
E 25101 Red Maple Lane Sold | $490,000 | 3 | 2 | 1,060 | $462 | 0.9 mi |
F 15365 Theresa Active | $479,000 List Price | 2 | 1 | 854 | $561 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in mostly original 1986 condition and requires immediate cosmetic updates. Interior images reveal heavily stained and worn carpeting, dated oak cabinetry, and original tile countertops in the kitchen and bathroom. While the structure appears sound and the layout is functional, the home shows significant signs of age and deferred maintenance, including the need for fresh paint and landscaping, fitting the criteria for a property built nearly 40 years ago with no major recent renovations.
Priced competitively and requiring primarily cosmetic updates like paint and carpet, this property offers a prime opportunity for buyers or investors to build immediate sweat equity.
The absence of HOA fees combined with a low-maintenance lot ensures lower monthly carrying costs and simplified long-term property management.
The functional single-level floor plan paired with a 2-car garage provides accessibility and convenience that is highly sought after for both first-time buyers and downsizers.
The property is being sold in its current state with no seller repairs and no contingencies, requiring the buyer to have immediate capital for renovations and deferred maintenance.
With only 854 square feet of living space and a single bathroom, the home's small footprint may limit its appeal to larger households or those requiring more utility.
Charming single-story opportunity in Moreno Valley offering 2 bedrooms, 1 bathroom, and 854 sq ft of living space on a 5,227 sq ft lot. This home features a desirable 2-car garage and a functional layout with great potential. While it could benefit from some updates including new carpet, fresh paint, and minor repairs, it presents an excellent value for buyers looking to personalize and add equity. Priced to sell with no contingency, this property is ideal for investors, first-time buyers, or anyone seeking a smart purchase in a convenient location. No HOA and low-maintenance lot. Situated close to March Air Force Base, shopping, dining, and everyday amenities. A great opportunity to own a well-located home at an attractive price—don’t miss it. Sold As Is No Repairs
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 9% |
| Baths | 1.0 | 3.0 | 6% |
| Square foot | 854 | 1,811 | 6% |
| Lot Size | 5,227 | 6,098 | 34% |
| Price | $425.0K | $540.0K | 2% |
| Price per sq ft | $498 | $315 | 95% |
| Built year | 1986 | 1990 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 174 | 1% |
Apr 14, 2026
$425,000
Initial Listing
May 1, 2000
$59,000
Public Record