24959 Myers, Moreno Valley, California 92553, Moreno Valley, 92553 - 1 bed, 1 bath
ACTIVE$499,900
24959 Myers, Moreno Valley, California 92553
1Bed
1Bath
400Sqft
20,473Lot
Year Built
1948
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$1,250
HOA
-
Days on market
-
Sold On
-
MLS number
IG25271321
Home ConditionExcellent
Features
Patio
ViewNeighborhood
About this home
We found 4 Cons,6 Pros. Rank: price - $499.9K(34th), sqft - 400(1th), beds - 1(1th), baths - 1(6th).
This adorable fully remodeled 400 sq ft home, nestled on an impressive, 20,473 sq ft lot, offers RV Parking and endless possibilities for expansion or development. With a detached garage giving great potential for an ADU, and zoned for up to 7 units offering future development and income property opportunity. This home offers a perfect blend of cozy charm with modern upgrades ideal for minimalist living, a vacation retreat, or a savvy investment opportunity. Conveniently located near the 60 fwy in the heart of Moreno Valley.
Price History
Date
Event
Price
12/05/25
Listing
$499,900
02/24/25
Sold
$262,500
Condition Rating
Excellent
Despite being built in 1948, the property has been fully and recently remodeled, as stated in the description and confirmed by the images. The kitchen features modern light wood cabinetry, white quartz countertops, and new stainless steel appliances. The bathroom is also completely updated with a new vanity, modern fixtures, and a glass corner shower. Throughout the home, there is new wood-look laminate flooring, fresh paint, recessed lighting, and a mini-split AC unit, indicating all components are new or virtually new and meet current quality standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20473, living area = 400.
Significant Development Potential: The impressive 20,473 sq ft lot is zoned for up to 7 units, offering substantial future development and income property opportunities.
ADU Conversion Potential: A detached garage provides excellent potential for conversion into an Accessory Dwelling Unit, enhancing property value and rental income.
Fully Remodeled & Modern: The home has been fully remodeled with modern upgrades, ensuring a move-in ready condition and contemporary appeal.
Large Lot Size with RV Parking: The impressive 20,473 sq ft lot offers ample space for various uses, including dedicated RV parking, a desirable feature.
Strategic Location: Conveniently situated near the 60 Freeway in the heart of Moreno Valley, providing easy access for commuters and proximity to amenities.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-02-24. The sold price is $262,500.00.
Extremely Small Living Space: At only 400 sq ft, the home offers very limited living area, appealing primarily to a niche market such as minimalists or those seeking a vacation retreat.
Age of Original Structure: Built in 1948, the property's underlying structure is old, which could lead to unforeseen maintenance issues or require updates beyond the recent remodel.
High Price-to-Size Ratio: The list price of $499,900 for a 400 sq ft home represents a very high price per square foot, potentially limiting buyer interest focused solely on the dwelling size rather than development potential.