26287 Iris Avenue E, Moreno Valley, California 92555, Moreno Valley, 92555 - 3 bed, 3 bath
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Moreno Valley, California 92555
This Modern Turnkey Condominium is listed at $409,000—positioned well below the $416,025 Fair Market Value by 1%. This valuation gap offers $7,025 in Instant Equity for a home with a Condition Rating of 3. The 2006-built residence features new wood-look laminate flooring, fresh interior paint, and a kitchen updated with stainless steel appliances. Boasting a scenic Reservoir View and walking distance to Victoriano Elementary School, this property balances lifestyle luxury with long-term financial stability. It is an ideal choice for Owner-Occupants or first-time buyers seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26287 Iris Avenue E Subject | $399,000* List Price | 3 | 3 | 1,544 | $265 | - |
A 26255 Iris Ave A Sold | $400,000 | 2 | 2 | 1,224 | $327 | 0.0 mi |
B 26279 Iris Avenue E Active | $409,000 List Price | 3 | 3 | 1,544 | $265 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old property is well-maintained and move-in ready. It features recent cosmetic updates including new wood-look laminate flooring and fresh interior paint. While the kitchen cabinetry and bathroom tile appear original to the build date, they are in functional condition, and the kitchen has been updated with modern stainless steel appliances.
The property features a desirable view of the nearby reservoir, providing a serene backdrop and increasing the home's aesthetic appeal and marketability.
Conveniently located within walking distance of several schools, including Victoriano Elementary and Vista Del Lago High School, making it highly attractive for families.
Built in 2006, this 1,544 sqft condominium offers a contemporary 3-bedroom, 3-bathroom configuration that provides ample space and modern building standards.
The monthly HOA fee of $471.60 represents a significant recurring cost that may impact the purchasing power and monthly budget of potential buyers.
With a lot size of just 1,742 sqft, the property offers minimal private yard or outdoor area, which may be a disadvantage for buyers with pets or those who enjoy gardening.
Exceptional opportunity in Moreno Valley. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
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 | 1,544 | 1,468 | 75% |
| Lot Size | 1,742 | 1,115.5 | 75% |
| Price | $399.0K | $399.5K | 50% |
| Price per sq ft | $258 | $272 | 13% |
| Built year | 2006 | 2006 | 50% |
| HOA | $471.6 | $420 | 75% |
| Days on market | 46 | 120 | 13% |
May 22, 2026
$399,000
$409,000
-2% Price Drop
Initial Listing
Apr 22, 2026
$409,000
Initial Listing
Jun 19, 2012
$104,000
Public Record
Mar 23, 2007
$332,500
Public Record