
Moreno Valley, California 92551
This property presents a High-Potential Investment Opportunity with a List Price of $490,000—positioned well above the $378,583 Fair Market Value by -29%. While the home features Scenic Mountain Views and No HOA Fees, it carries a Fair Condition Rating due to its 1984 construction and lack of recent updates. The 1,381 square foot layout offers a blank canvas for modernization. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a value-add renovation to modernize the interior systems.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24379 Dyna Place Subject | $490,000* List Price | 3 | 3 | 1,381 | $274 | - |
A 24411 Electra Court Sold | $441,000 | 3 | 3 | 1,577 | $280 | 0.1 mi |
B 24452 Electra Court Sold | $500,000 | 4 | 3 | 1,381 | $362 | 0.1 mi |
C 24291 Gabriel Active | $489,950 List Price | 3 | 3 | 1,381 | $355 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984 (40 years old) with no mention of renovations to the kitchen, bathrooms, or major systems (HVAC/Electric). Based on the age-focused criteria, properties over 30 years old without recent updates are classified as poor condition and require significant modernization.
The absence of a Homeowners Association provides significant monthly cost savings and offers the homeowner greater freedom for property modifications and usage.
The property features desirable mountain views, which enhances the aesthetic appeal and provides a serene atmosphere for the residents.
With a large driveway and a generous backyard, the property offers excellent curb appeal and plenty of space for guest parking and outdoor recreation.
At 1,381 square feet for a three-bedroom home, the interior layout may feel somewhat confined for buyers seeking more expansive living or storage space.
Built in 1984, the home may require updates to its original systems or cosmetic finishes to meet the expectations of modern buyers looking for move-in-ready conditions.
Welcome to this charming home featuring a spacious front yard and a large driveway. Inside, you'll find three comfortable bedrooms and two and a half bathrooms. Enjoy cozy evenings by the fireplace. The property also boasts a generous backyard, perfect for outdoor activities, and best of all, there's no HOA!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,381 | 1,626 | 31% |
| Lot Size | 4,792 | 6,098 | 24% |
| Price | $490.0K | $537.5K | 21% |
| Price per sq ft | $355 | $323 | 64% |
| Built year | 1984 | 1988 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 162 | 5% |
May 30, 2026
$490,000
Initial Listing
Oct 24, 1997
$76,000
Public Record