24361 Bion, Moreno Valley, California 92553, Moreno Valley, 92553 - 5 bed, 3 bath
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Moreno Valley, California 92553
This property presents a High-Potential Investment Opportunity with a List Price of $490,000—positioned well below the $508,156 Fair Market Value by 3%. This valuation gap offers $18,156 in Instant Equity for buyers willing to address the Condition Rating of 5. Featuring a rare 5-bedroom, 3-bathroom layout and scenic mountain views, the home offers significant value-add potential through renovation. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with immediate upside in a prime commuter location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24361 Bion Subject | $490,000* List Price | 5 | 3 | 1,902 | $266 | - |
A 24650 Myrna Street Sold | $420,000 | 4 | 2 | 1,378 | $305 | 0.3 mi |
B 24311 Via Vargas Dr Sold | $515,000 | 4 | 3 | 1,931 | $267 | 0.5 mi |
C 24448 Dorner Dr Sold | $415,000 | 4 | 2 | 1,342 | $309 | 0.1 mi |
D 13094 Pavillion Court Sold | $550,000 | 4 | 2 | 1,793 | $307 | 1.0 mi |
E 13356 Bambi Court Sold | $505,000 | 3 | 2 | 1,543 | $327 | 0.6 mi |
F 24247 Millsap Sold | $500,000 | 4 | 2 | 1,783 | $280 | 0.3 mi |
G 13064 Sunlit Court Sold | $525,000 | 3 | 2 | 1,890 | $278 | 0.9 mi |
H 12821 Alona Street Active Under Contract | $499,000 List Price | 4 | 2 | 1,698 | $294 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971 (53 years old) with no evidence of recent renovations. The listing explicitly states the property 'needs tlc' and is the 'lowest price' in the area, indicating significant deferred maintenance and likely original, outdated systems and interiors that require a full rehab.
Positioned as the lowest-priced residence in Moreno Valley, this property offers a significant equity-building opportunity for investors or budget-conscious buyers.
The rare 5-bedroom, 3-bathroom configuration provides ample space for large families or multi-generational living, which is highly desirable for both owner-occupants and renters.
Situated just blocks from the 60 freeway Heacock exit, the home offers excellent accessibility for commuters while benefiting from scenic mountain and valley views.
The property is noted as needing 'TLC,' indicating that immediate capital investment will be required for repairs and cosmetic upgrades to bring it to modern standards.
Built in 1971, the home likely features original systems and finishes that may lack the energy efficiency and contemporary design found in newer area developments.
Raedy to show and sell... lowest price in Moreno Valley needs tlc. seller in is process of cleaning ..it will be deliver super clean. excellent floor plar well located few blocks from the 60 freewaty exit Heackook we hav emultipl eoffers all kind of prices.. The seller will considered offers over $537.500. If your client sneeds credits place them on top.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,902 | 1,782 |
| Lot Size | 6,970 | 6,970 |
| Price | $490.0K | $550.3K |
| Price per sq ft | $258 | $321 |
| Built year | 1971 | 1989 |
| HOA | $0 | $132 |
| Days on market | 0 | 58 |
Jun 16, 2026
$490,000
Initial Listing
Apr 28, 2025
$490,000
Public Record
May 15, 2009
$119,000
Public Record
Mar 5, 1999
$80,500
Public Record