
Moreno Valley, California 92553
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $499,000—positioned well below the $507,191 Fair Market Value by 1.6%. This valuation gap offers $8,191 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home provides immediate move-in readiness with central HVAC and newer appliances, while offering significant upside for cosmetic modernization. With its functional 4-bedroom layout and spacious patio, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a well-located, value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24846 Alessandro Subject | $499,000* List Price | 4 | 2 | 1,589 | $319 | - |
A 24422 Brodiaea Sold | $539,600 | 4 | 2 | 1,580 | $342 | 0.5 mi |
B 25035 Brodiaea Avenue Sold | $520,000 | 3 | 2 | 1,440 | $361 | 0.3 mi |
C 14265 Sandcastle Court Sold | $545,000 | 3 | 2 | 1,582 | $345 | 0.8 mi |
D 24650 Myrna Street Sold | $420,000 | 4 | 2 | 1,378 | $305 | 0.6 mi |
E 14725 Carla Jean Drive Sold | $500,000 | 3 | 2 | 1,270 | $394 | 0.8 mi |
F 24311 Via Vargas Dr Sold | $515,000 | 4 | 3 | 1,931 | $267 | 0.5 mi |
G 24819 Cape Cod St Sold | $590,000 | 4 | 2 | 1,512 | $390 | 0.6 mi |
H 24156 Jimson Sold | $482,550 | 3 | 2 | 1,339 | $360 | 0.9 mi |
I 24251 Brodiaea Active | $529,999 List Price | 4 | 2 | 1,507 | $352 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, the property features a kitchen and interior finishes that appear to be from a 15-25 year old renovation. While the home is functional and move-in ready with central HVAC and newer appliances, the oak cabinetry, vinyl flooring, and overall aesthetic are dated and require modernization to meet current market standards.
The 1,589 square foot single-level floor plan features four bedrooms, offering rare flexibility for growing families, home offices, or multi-generational living in a highly accessible format.
Equipped with central air conditioning and heating plus newer kitchen appliances, the home provides immediate move-in readiness and climate control essential for the Moreno Valley region.
Situated in the heart of Moreno Valley, the property offers superior proximity to major commuter routes, schools, and shopping centers, significantly enhancing daily convenience.
Originally built in 1957, the property may require ongoing maintenance or updates to older mechanical systems and insulation compared to newer construction in the area.
The property is noted as having no views, which may limit its competitive edge against nearby listings that offer mountain or territorial vistas.
TURN-KEY! LOW TAXES! Welcome home to this charming 4-bedroom, 2-bathroom, 2-car garage, single-story residence conveniently located in the heart of Moreno Valley. This home provides easy access to shopping, dining, schools, parks, and major commuter routes. Step inside to find a functional floor plan featuring a welcoming living area highlighted by a cozy fireplace, perfect for gathering with family and friends. The kitchen is equipped with a dishwasher, garbage disposal, newer refrigerator, newer range/oven, microwave, and ample cabinet space, making meal preparation both convenient and enjoyable. Central air conditioning and heating helps keep the home comfortable year-round. The four generously sized bedrooms provide flexibility for growing families, guests, or a home office, while the two bathrooms offer practicality and convenience. Outside, the spacious backyard presents endless possibilities for entertaining, gardening, play areas, or creating your own outdoor retreat. Additional features include an attached garage and established neighborhood setting. This property offers a wonderful opportunity to own a well-located home in Moreno Valley. Don't miss your chance to make this property your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,589 | 1,782 |
| Lot Size | 6,098 | 6,970 |
| Price | $499.0K | $550.3K |
| Price per sq ft | $314 | $321 |
| Built year | 1957 | 1989 |
| HOA | $0 | $132 |
| Days on market | 14 | 58 |
Jul 8, 2026
$499,000
Initial Listing
Jul 31, 2009
$66,000
Public Record
Jan 5, 2007
$360,000
Public Record
Nov 18, 2005
$303,000
Public Record