27919 Cactus Avenue B, Moreno Valley, California 92555, Moreno Valley, 92555 - 3 bed, 3 bath
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Moreno Valley, California 92555
This Modern 2006-Built Condominium is a Strong Value Opportunity, listed at $385,000—positioned well below the $412,846 Fair Market Value by 6%. This valuation gap provides $27,846 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers an updated kitchen with stone countertops and a subway tile backsplash. With a rare 3-bedroom, 3-bathroom layout and proximity to La Jolla Elementary, this property balances financial upside with functional living. It is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready asset with built-in wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27919 Cactus Avenue B Subject | $385,000* List Price | 3 | 3 | 1,468 | $281 | - |
A 27964 John F Kennedy Drive Sold | $400,000 | 3 | 3 | 1,468 | $272 | 0.4 mi |
B 27964 John F Kennedy Dr #a Sold | $365,000 | 2 | 2 | 1,110 | $329 | 0.4 mi |
C 27967 Cactus B Active | $399,990 List Price | 3 | 3 | 1,468 | $272 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property fits the 10-20 year age criteria for a 'good' condition rating. The home features a modern open-concept layout with a kitchen that has been tastefully updated with a subway tile backsplash, stone countertops, and contemporary pendant lighting. While the unstaged photos reveal some deferred maintenance in the form of significantly stained carpeting in the bedrooms, the overall structure, bathrooms, and living areas appear well-maintained, functional, and move-in ready.
Built in 2006, this 1,468 sqft condo features a contemporary open-concept design and a kitchen with a center island, perfectly suited for modern living and entertaining.
The property offers 3 bedrooms and 3 bathrooms, providing an excellent level of privacy and convenience for families or multi-generational living that is rare at this price point.
Situated with easy access to major freeways and within a mile of multiple schools like La Jolla Elementary, the home offers significant convenience for commuters and families.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43500, other record lot size in square feet = 1306. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1468, other record living area = 1781. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly HOA fee of $420 is a substantial recurring cost that may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
The property listing indicates no specific views, which may limit its competitive appeal compared to other units in the region that offer mountain or city light vistas.
Welcome to this inviting 3-bedroom, 2-bath condo in Moreno Valley, offering a comfortable layout and plenty of natural light throughout. The living area feels open and welcoming, with a layout that flows easily into the dining space and kitchen. The kitchen includes ample cabinet storage, a center island, and a functional setup that works well for both everyday living and entertaining. The primary bedroom features its own private bathroom, while the two additional bedrooms offer flexibility for guests, family, or a home office. Both bathrooms are clean and practical with a simple, efficient design. This home offers low-maintenance living in a convenient location, close to shopping, dining, schools, and easy access to major freeways. A great opportunity for first-time buyers, downsizers, or anyone looking for a well-located home in Moreno Valley.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,468 | 1,289 | 50% |
| Lot Size | 43,500 | 1,115.5 | 75% |
| Price | $385.0K | $387.5K | 50% |
| Price per sq ft | $262 | $301 | 25% |
| Built year | 2006 | 2006 | 50% |
| HOA | $420.0 | $410 | 50% |
| Days on market | 19 | 120 | 25% |
Apr 3, 2026
$385,000
Initial Listing
Dec 10, 2024
$440,000
Public Record
Sep 23, 2019
$260,000
Public Record
Apr 21, 2016
$215,000
Public Record
Aug 15, 2008
$160,000
Public Record
Oct 2, 2006
$275,000
Public Record