
Moreno Valley, California 92555
This Well-Maintained Two-Story Condominium is a Strong Value Opportunity, listed at $399,990—positioned well below the $424,369 Fair Market Value by 5%. This valuation gap provides $24,379 in Instant Equity. Featuring cherry laminate flooring, a gas fireplace, and a Condition Rating of 3, the home is move-in ready. Residents benefit from a spacious 2-car garage, a community pool, and proximity to La Jolla Elementary. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a turnkey asset with built-in financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27967 Cactus B Subject | $399,990* List Price | 3 | 3 | 1,468 | $289 | - |
A 27964 John F Kennedy Drive Sold | $400,000 | 3 | 3 | 1,468 | $272 | 0.3 mi |
B 27946 John F Kennedy A Sold | $390,000 | 2 | 2 | 1,110 | $351 | 0.4 mi |
C 27916 John F Kennedy Drive C Sold | $412,000 | 3 | 3 | 1,781 | $231 | 0.3 mi |
D 27964 John F Kennedy Dr #a Sold | $365,000 | 2 | 2 | 1,110 | $329 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2006, placing it within the 10-20 year age bracket for a 'good' rating. It is move-in ready and well-maintained with attractive cherry laminate flooring and a functional kitchen. While the kitchen appliances and tile countertops appear to be original builder-grade from the mid-2000s rather than a recent modern renovation, the overall condition shows minimal wear and tear and pride of ownership.
The home features elegant cherry laminate flooring and a cozy gas fireplace, providing a contemporary and move-in-ready aesthetic for new owners.
The inclusion of a spacious 2-car garage offers significant value for a condominium, providing secure parking and essential extra storage space.
Ideally situated within walking distance to La Jolla Elementary and close to major shopping centers, offering excellent convenience for families.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1468, other record living area = 1110. 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 expense that may impact the overall affordability and debt-to-income ratio for some buyers.
With a lot size of only 1,306 square feet, the property lacks a private yard, restricting outdoor activities to the community's shared pool and common areas.
Welcome to this beautifully maintained 3-bedroom, 2.5-bathroom two-story condominium in the heart of Moreno Valley. Ideally located next to shopping centers and top-rated schools, this home offers both comfort and convenience. Step inside to find stunning cherry laminate flooring that adds warmth and elegance throughout the main living areas. The spacious and inviting living room features a cozy gas fireplace—perfect for relaxing evenings or creating a warm ambiance while entertaining guests. The functional kitchen offers ample cabinetry and flows seamlessly into the dining area, making it ideal for everyday living and gatherings alike. Upstairs, you’ll find generously sized bedrooms, including a private primary suite complete with its own full bathroom and ample closet space. The thoughtfully designed layout provides both comfort and privacy for family and guests. Enjoy the benefits of a well-maintained community featuring a sparkling pool, private parking, and a spacious 2-car garage offering added convenience and storage. With its prime location and desirable amenities, this move-in ready home is perfect for first-time buyers, growing families, or investors looking for a great opportunity in Moreno Valley.
No exterior & parking available.
Grades K-5 • 0.4 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 | 1,306 | 1,115.5 | 75% |
| Price | $400.0K | $395.0K | 50% |
| Price per sq ft | $272 | $301 | 25% |
| Built year | 2006 | 2006 | 50% |
| HOA | $420.0 | $410 | 50% |
| Days on market | 64 | 121 | 25% |
Mar 25, 2026
$399,990
$400,000
+0% Price Increase
Initial Listing
Mar 21, 2026
$400,000
$425,000
-6% Price Drop
Initial Listing
Mar 4, 2026
$425,000
$399,990
+6% Price Increase
Initial Listing
Feb 17, 2026
$399,990
Initial Listing
Jul 13, 2010
$82,000
Public Record