24285 Eucalyptus Avenue, Moreno Valley, California 92553, Moreno Valley, 92553 - bed, bath
ACTIVE$675,000
24285 Eucalyptus Avenue, Moreno Valley, California 92553
0Bed
0Bath
2,217Sqft
10,019Lot
Year Built
1987
Close
-
List price
$675K
Original List price
$717K
Price/Sqft
$304
HOA
-
Days on market
-
Sold On
-
MLS number
PW25266213
Home ConditionFair
Features
Patio
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $675.0K(50th), sqft - 2217(50th), beds - undefined(50th), baths - undefined(50th).
Stable income property with long term tenants. Both units have been upgraded with all new luxury vinyl flooring in recent years. Rear unit has tile roof and recently been completely rehab within the past 6 months. Two units separated from each other and each has its own private yard. Priced lower than most other income properties for a quick sale.
Price History
Date
Event
Price
12/12/25
Price Change
$675,000-5.8%
12/03/25
Listing
$716,888
01/29/10
Sold
$95,000
11/26/03
Sold
$167,500
Condition Rating
Fair
Built in 1987, the property is 37 years old. While the description mentions new luxury vinyl flooring in recent years and a complete rehab of the rear unit within the past 6 months, the provided images of the kitchen and bathroom contradict a recent, comprehensive renovation in these key areas. The kitchen features dated light wood cabinets, laminate countertops, older white appliances, and a fluorescent light fixture, appearing to be 20-30+ years old. Similarly, the bathroom shows an older vanity, dated light fixtures, and a general style consistent with a 15-30 year old renovation or original build. Some rooms do show newer luxury vinyl flooring, but other areas have worn carpet and popcorn ceilings. The property's major components are functional but significantly outdated, requiring substantial updates to the kitchen and bathrooms to meet current standards, which aligns with a 'Fair' condition.
Pros & Cons
Pros
Consistent Rental Income: The property is described as a stable income property with long-term tenants, indicating reliable cash flow and reduced vacancy risk for an investor.
Recent Property Enhancements: Both units feature new luxury vinyl flooring, and the rear unit has undergone a complete rehab within the last six months, including a new tile roof, suggesting reduced immediate maintenance for a new owner.
Tenant Privacy and Appeal: Each unit is separated and boasts its own private yard, a desirable feature that enhances tenant satisfaction and can command competitive rental rates.
Attractive Pricing Strategy: The property is priced lower than comparable income properties for a quick sale, and has seen a recent price reduction from $716,888 to $675,000, presenting a potential value opportunity for buyers.
Duplex Investment Opportunity: As a duplex, it offers two distinct income streams, providing diversification and potential for owner-occupancy in one unit while renting out the other.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2217, other record living area = 968.
Lack of Scenic Views: The property explicitly states 'view: None', which may be a drawback for tenants or future buyers who prioritize scenic surroundings.
Age of Structure: Built in 1987, the property's age, despite recent cosmetic upgrades, may imply older underlying infrastructure (e.g., plumbing, electrical, HVAC systems) that could require future capital expenditures not covered by the described renovations.
Limited Specifics on Rehab: While the rear unit is 'completely rehabbed,' the description lacks detailed information on what major systems (e.g., electrical, plumbing, windows, HVAC) were updated, leaving potential unknowns regarding the extent of the renovation and future maintenance needs.