24410 Rimview, Moreno Valley, California 92557, Moreno Valley, 92557 - 3 bed, 2 bath
24410 Rimview
Moreno Valley, California 92557
Property Price
SUMMARY
Analysis of 24410 Rimview, Moreno Valley, California 92557 reveals a Prime Investment Opportunity with a current list price of $560,000—significantly undercutting the $597,176 Fair Market Value by 6%. This valuation gap indicates a +$37,176 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24410 Rimview Subject | $560,000* List Price | 3 | 2 | 1,526 | $391 | - |
A 24185 Rimview Road Sold | $559,900 | 3 | 2 | 1,468 | $381 | 0.2 mi |
B 24553 Wild Calla Drive Sold | $530,000 | 3 | 3 | 1,472 | $360 | 0.5 mi |
C 23760 Redbark Sold | $522,500 | 3 | 2 | 1,441 | $363 | 0.8 mi |
D 24537 Meadow Grass Way Sold | $575,000 | 4 | 3 | 1,707 | $337 | 0.2 mi |
E 10794 Hill Grass Drive Sold | $530,000 | 3 | 3 | 1,472 | $360 | 0.4 mi |
F 24165 Badger Springs Trail Sold | $490,000 | 3 | 2 | 1,264 | $388 | 0.8 mi |
G 24461 Willow Run Road Active Under Contract | $539,900 List Price | 3 | 2 | 1,437 | $376 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1986, this property has undergone significant and modern upgrades that elevate its condition beyond its age. The description highlights wood laminated floors, granite kitchen countertops with backsplash, and decorative crown molding, which are visible in the living areas and appear well-maintained. The bathrooms feature updated vanities, fixtures, and tiling, presenting a clean and contemporary look. Major system updates include a tankless water heater and 25 fully paid solar panels, contributing to energy efficiency. While the property is older, these extensive renovations, likely within the last 5-15 years based on style, make it move-in ready with well-maintained systems and minimal wear and tear, aligning with a 'Good' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1526.
- Stunning Views
The property offers stunning views of mountains and ravines from both the front and back, enhancing its aesthetic appeal and desirability within the Sunnymead Ranch neighborhood.
- Energy Efficiency
Equipped with 25 fully paid solar panels and a tankless water heater, this home provides significant energy savings and reduced utility costs for the homeowner.
CONSRISKS & DEFICIENCIES
- Monthly Association Fee
The property is subject to a monthly association fee of $130, which adds to the ongoing cost of homeownership and should be factored into a buyer's budget.
- Age of Property
Built in 1986, while many areas are upgraded, the property's age may imply that some systems or components could be original or nearing the end of their lifespan, potentially requiring future maintenance.
- Unspecified Cooling System
The property description does not explicitly mention the presence or type of a central cooling system, which could be a significant consideration for comfort during Moreno Valley's warmer months.
About 24410 Rimview
Upgraded house in a beautifully located neighborhood in the North side of Moreno Valley called Sunnymead Ranch!!! This house boasts of a stunning view of the mountains and ravines, front and back. This house has an open floor plan with wood laminated floors, granite kitchen counter tops with back splash and decorative crown molding on the ceiling. An attic space in the garage was created for more storage capacity. The water Heater was updated to a Tankless system and also comes with a fully paid water softener, epoxied garage floor and a lot more. The 25 Solar panels are also a big help energy wise. A MUST SEE!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $130.0 / Month
Neighborhood Insights
Moreno Valley Unified Schools
Sugar Hill Elementary School
Grades K-5 • 0.2 mi
Midland Elementary School
Grades K-5 • 0.9 mi
Hidden Springs Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,526 | 1,809 | 33% |
| Lot Size | 7,405 | 7,841 | 46% |
| Price | $560.0K | $562.0K | 50% |
| Price per sq ft | $367 | $324 | 69% |
| Built year | 1986 | 1987 | 43% |
| HOA | $130.0 | $0 | 93% |
| Days on market | 54 | 177 | 4% |
Pricing History
Listed for Sale
Jan 12, 2026
$560,000
Initial Listing
Sold
Feb 26, 2016
$295,000
Public Record
Sold
Sep 15, 1995
$104,000
Public Record