22936 Allies Place, Moreno Valley, California 92553, Moreno Valley, 92553 - bed, bath
ACTIVE$1,175,000
22936 Allies Place, Moreno Valley, California 92553
0Bed
0Bath
3,800Sqft
6,970Lot
Year Built
1966
Close
-
List price
$1.18M
Original List price
$1.2M
Price/Sqft
$309
HOA
-
Days on market
-
Sold On
-
MLS number
PW24225060
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.18M(90th), sqft - 3800(70th), beds - undefined(50th), baths - undefined(50th).
Price History
Date
Event
Price
12/14/25
Price Change
$1,175,000-19.0%
09/04/25
Price Change
$1,450,000+21.3%
11/04/24
Listing
$1,195,000
Condition Rating
Poor
Built in 1966, this property is nearly 60 years old with no indication of major renovations. The MLS analysis explicitly highlights the age of construction and the likelihood of dated interiors requiring substantial investment in major systems (plumbing, electrical, HVAC) and general deferred maintenance. Exterior images show visible window AC units, suggesting outdated or absent central cooling, and an overall appearance consistent with significant age and lack of modern updates. Without interior photos, it's highly probable that kitchens and bathrooms are severely dated and require substantial repairs and rehabilitation to meet current standards.
Pros & Cons
Pros
Income-Generating Asset: As a quadruplex, the property offers significant potential for rental income and cash flow, making it an attractive investment opportunity.
Substantial Square Footage: With 3800 sqft, the property provides ample living space across its multiple units, which can appeal to a broad tenant base.
Competitive Pricing: The recent price reduction from $1.45M to $1.175M positions the property at a more attractive entry point for buyers and indicates a potentially motivated seller.
Established Neighborhood: Built in 1966, the property is likely situated in a mature area with existing infrastructure, services, and community amenities.
Decent Lot Size: The 6970 sqft lot provides valuable outdoor space for tenants or potential for future property enhancements.
Cons
Age of Construction: Built in 1966, the property is nearly 60 years old, which may necessitate significant capital expenditures for updating major systems (e.g., plumbing, electrical, HVAC) and general deferred maintenance.
Potential for Dated Interiors: Without specific mention of recent renovations, the property likely features dated interiors and amenities, which could require substantial investment to attract premium tenants and maximize rental income.
Price History Volatility: The significant price adjustments in the listing history (from $1.195M to $1.45M then to $1.175M) could raise questions for potential buyers regarding valuation stability or underlying property conditions.