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26335 Iris Ave D, Moreno Valley, California 92555, Moreno Valley, 92555 - 3 bed, 3 bath

26335 Iris Ave D, Moreno Valley, California 92555 home-pic-0
ACTIVE$405,000
26335 Iris Ave D, Moreno Valley, California 92555
3Beds
3Baths
1,544Sqft
Lot
Year Built
2006
Close
-
List price
$405K
Original List price
$429K
Price/Sqft
$262
HOA
$373
Days on market
-
Sold On
-
MLS number
SB25223058
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $405.0K(50th), sqft - 1544(33th), beds - 3(50th), baths - 3(50th).

Do not disturb Tenant!! This property has 3 Bedrooms & 2.25 Baths. Step inside to high ceilings and an open-concept layout filled with natural light. The spacious kitchen flows seamlessly into the living and dining area, perfect for entertaining or relaxing with family by the fireplace. The master bedroom has a walk-in closet and dual vanity sinks in the bathroom. Laundry room downstairs. There is also a two car garage with direct access into your property. Living in the IRIS LANDING community means you will have access to an array of amenities provided by the Moreno Valley Rancho HOA: including a 35-acre lake, large community pool, fitness centers, opportunity to kayak, fish, or paddleboard, a RESIDENT ONLY recreation center, private and public parks. Tenant pays: $2851/Month. See showing remarks for virtual tour!

Price History

Date
Event
Price
12/05/25
Price Change
$405,000-3.3%
11/26/25
Price Change
$419,000
11/25/25
Listing
$429,000
Condition Rating
Fair
Built in 2006, the property is 18 years old, placing it on the younger end of the 'Fair' category. While structurally sound and well-maintained, the kitchen features dated honey oak cabinets with visible wear and mixed appliance finishes (white refrigerator, stainless steel others). The bathroom also presents a basic, dated style with a simple vanity, cultured marble countertop, and strip lighting. The laminate wood flooring throughout is a positive, and the overall cleanliness is good, but the key areas (kitchen and bathrooms) show signs of being outdated and would likely require minor cosmetic updates to meet current aesthetic standards, preventing it from achieving a 'Good' rating.
Pros & Cons

Pros

Extensive Community Amenities: Residents benefit from a wide array of HOA-provided amenities including a 35-acre lake, large community pool, fitness centers, kayaking, fishing, paddleboarding, and resident-only recreation facilities.
Modern Construction & Open Layout: Built in 2006, the property features high ceilings and an open-concept layout filled with natural light, offering a contemporary and inviting living space.
Immediate Rental Income Potential: Currently tenant-occupied at $2851/month, this property offers immediate rental income, making it an attractive option for investors.
Desirable Interior Features: The home includes a spacious kitchen, a cozy fireplace, a master bedroom with a walk-in closet and dual vanity sinks, and a convenient downstairs laundry room.
Attached Two-Car Garage: The property boasts a two-car garage with direct access, providing convenience, security, and additional storage.

Cons

Tenant Occupied & Showing Restrictions: The property is tenant-occupied with a 'do not disturb' directive, which may limit showing flexibility and complicate the buying process for owner-occupants.
High Monthly HOA Fees: A monthly association fee of $373 adds a significant recurring cost to homeownership, which potential buyers must factor into their budget.
Condominium Ownership Limitations: As a condominium, the property may involve shared walls, potentially less private outdoor space, and adherence to HOA rules and regulations, which might not suit all buyer preferences.

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