24393 Myers, Moreno Valley, California 92553, Moreno Valley, 92553 - 0 bed, 0 bath
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Moreno Valley, California 92553
Analysis of 24393 Myers, Moreno Valley, California 92553 is currently available with a list price of $920,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Moreno Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1959 and marketed as a 'value add' opportunity, the property shows significant deferred maintenance and signs of neglect. Interior images reveal unfinished construction with exposed ceiling joists and wiring, while the kitchen is dated with missing appliances and worn finishes. The exterior features makeshift structures and aged roofing, indicating a need for a comprehensive rehab to address safety and functional defects.
The property features four detached homes on a single lot, providing tenants with superior privacy, individual yards, and private garages, which significantly increases rental desirability over traditional apartment blocks.
With one unit currently vacant, an investor can immediately renovate to achieve market rents or an owner-user can occupy the unit while utilizing residential financing.
The generous 20,038 square foot lot provides ample open parking and significant space for potential future improvements or ADU (Accessory Dwelling Unit) exploration in a growing market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3700, other record living area = 812.
Built in 1959, the structures may require substantial capital expenditures for modernization and upgrades to major systems like plumbing, electrical, and roofing.
As a value-add opportunity, the property likely necessitates immediate additional investment beyond the purchase price to address deferred maintenance and maximize its income-producing potential.
4 detached homes on a lot. Each home has a single car garage and plenty of open parking, private yard and washer and dryer hook ups. Value add opportunity. One unit vacant for possible owner user. New developments going on all around the city.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 7.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 3,700 | 3,100 |
| Lot Size | 20,038 | 31,799 |
| Price | $920.0K | $850.0K |
| Price per sq ft | $249 | $274 |
| Built year | 1959 | 1945 |
| HOA | $0 | $0 |
| Days on market | 14 | 204 |
Jul 8, 2026
$920,000
Initial Listing
Dec 7, 2017
$685,000
Public Record
Feb 7, 2003
$275,000
Public Record
Oct 17, 1997
$168,000
Public Record