
Moreno Valley, California 92551
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $410,000—positioned well below the $409,654 Fair Market Value by a negligible margin, reflecting a stable, fair-market price. The property maintains a Good Condition Rating with recent upgrades like fresh paint and new wood flooring. Featuring a versatile floor plan with a rare downstairs bedroom and full bath, this home is perfectly suited for Owner-Occupants or first-time buyers seeking a low-maintenance lifestyle near major employment hubs and Lake Perris.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25866 Iris C Subject | $410,000* List Price | 3 | 3 | 1,599 | $256 | - |
A 25820 Iris Avenue C Sold | $409,000 | 3 | 3 | 1,597 | $256 | 0.0 mi |
B 25796 Iris C Sold | $400,000 | 3 | 3 | 1,599 | $250 | 0.1 mi |
C 15611 Lasselle Street 21 Sold | $418,000 | 3 | 3 | 1,644 | $254 | 0.2 mi |
D 15661 Lasselle St 84 Sold | $390,000 | 3 | 3 | 1,599 | $244 | 0.1 mi |
E 25840 Iris Avenue B Sold | $389,900 | 2 | 3 | 1,444 | $270 | 0.1 mi |
F 25796 Iris A Sold | $350,000 | 2 | 2 | 1,140 | $307 | 0.1 mi |
G 25868 Iris Avenue B Active | $365,000 List Price | 2 | 3 | 1,444 | $253 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (18 years old), the property falls within the 10-20 year age bracket. It is well-maintained and move-in ready with recent cosmetic upgrades including fresh interior paint and new wood flooring. The kitchen and bathrooms appear functional and original to the build date, consistent with a 'Good' rating.
The inclusion of a rare downstairs bedroom and full bathroom provides excellent flexibility for multi-generational living, guests, or a private home office.
Fresh interior paint and new wood flooring upstairs offer a modern, move-in-ready aesthetic that reduces immediate post-purchase renovation costs.
The property is ideally situated near major employment hubs like Kaiser Hospital and March Air Reserve Base, as well as the Lake Perris Recreation Area.
The association fee of $336.33 represents a significant recurring monthly expense that may impact the overall affordability for some buyers.
With a small lot size of 1,303 sqft and no listed view, the property offers minimal private outdoor area for gardening or entertaining.
Step into comfort and convenience in this stunning 3 bedroom, 3 bathroom condo nestled in the sought-after Palacio De Oro community. Spanning approximately 1,600 sq ft, this thoughtfully designed home offers a versatile floor plan, including a downstairs bedroom and full bath, ideal for guests, extended family, or a private home office. Recent upgrades include fresh interior paint and beautiful new wood flooring upstairs, giving the home a clean, modern aesthetic. A spacious 2 car attached garage and in-unit laundry hookups provide added convenience for everyday living. Perfectly situated just minutes from Lake Perris Recreation Area, shopping and dining, Kaiser Hospital, and March Air Reserve Base, this home offers the ideal balance of lifestyle and location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,599 | 1,599 | 50% |
| Lot Size | 1,303 | - | 82% |
| Price | $410.0K | $410.0K | 50% |
| Price per sq ft | $256 | $256 | 55% |
| Built year | 2006 | 2007 | 45% |
| HOA | $336.33 | $320 | 64% |
| Days on market | 31 | 155 | 9% |
May 6, 2026
$410,000
Initial Listing
Jan 10, 2023
$400,000
Public Record
Aug 24, 2022
$390,500
Public Record
Jun 29, 2006
$333,500
Public Record