
Moreno Valley, California 92551
This property presents a High-Potential Investment Opportunity with a List Price of $474,000—positioned above the $420,741 Fair Market Value. While the current list price exceeds the estimated value, the 7,405 square foot corner lot offers significant upside for value-add projects like an ADU or workshop. With a Condition Rating of 5, the home requires comprehensive renovation, making it a strategic asset for Buy-and-Hold Investors or first-time buyers capable of executing a sweat-equity strategy to modernize this single-story residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25354 Ceremony Subject | $474,000* List Price | 2 | 2 | 970 | $436 | - |
A 25391 Maxy Drive Sold | $452,000 | 2 | 2 | 970 | $466 | 0.1 mi |
B 25860 Margaret Avenue Sold | $470,000 | 2 | 2 | 1,038 | $453 | 1.0 mi |
C 25560 Casa Encantador Sold | $485,000 | 2 | 2 | 1,060 | $458 | 0.7 mi |
D 16151 Nippet Lane Sold | $530,000 | 3 | 2 | 1,329 | $399 | 0.2 mi |
E 25288 Ceremony Avenue Active Under Contract | $479,000 List Price | 2 | 2 | 970 | $494 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (37 years old) with no mention of recent renovations. The listing description explicitly states the home needs 'TLC,' is being sold 'As Is,' and is marketed toward investors, indicating significant datedness and the need for rehabilitation.
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 = 970.
The property sits on a generous 7,405 square foot corner lot, offering significant outdoor space for gardening, entertaining, or the potential to build a workshop or ADU.
As a single-level residence, this home provides excellent accessibility and ease of maintenance, making it a highly desirable option for first-time buyers or those looking to downsize.
The home is being sold in 'as-is' condition and requires TLC, indicating that buyers will need to budget for immediate repairs and cosmetic upgrades to realize its full potential.
At only 970 square feet, the interior footprint is relatively compact for a single-family home, which may be a constraint for growing families or those requiring more indoor utility.
Large Corner Lot, Single-story home in Moreno Valley has lots of potential to make it your own. Perfect for a first-time homebuyer, investor or someone wanting to give it a little TLC. With a 2-car garage and a spacious yard it has lots of possibilities to entertain, build a workshop, garden, etc. Conveniently located just minutes from shopping, dining, and major freeways. Sold As Is. All information provided is deemed reliable but not guaranteed. All buyers and their agents do their own due diligence.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 970 | 1,792.434 |
| Lot Size | 7,405 | 7,133.965 |
| Price | $474.0K | $554.8K |
| Price per sq ft | $489 | $320 |
| Built year | 1989 | 1989 |
| HOA | $0 | $128 |
| Days on market | 35 | 59 |
Aug 5, 2026
$474,000
Initial Listing
May 22, 2001
$105,000
Public Record
Sep 17, 1999
$66,500
Public Record