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$1,175,000 USD
13051 Lancaster Ln
Moreno Valley, California 92553
USA
Moreno Valley, California 92553
USA
Residential For Sale, Other Residential
Land size: 0.25 ha ::
0.62 acres
Sale price per sqm: 0
Remarks:
Four Detached Homes on One Parcel! Rare opportunity to acquire a unique Moreno Valley investment property featuring four detached 2-bedroom, 1-bath residences, each with an attached single-car garage, laundry hookups, and private outdoor space. Unlike a traditional fourplex, the detached layout offers many of the benefits tenants seek in single-family living while providing the efficiencies of multifamily ownership. The property consists of four standalone homes arranged around a spacious central drive with ample onsite parking. Each unit offers a functional floor plan with strong rental appeal. One residence has been substantially updated with central heating and air conditioning, an upgraded kitchen, and a remodeled bathroom, while the remaining units present an opportunity for future cosmetic improvements and rental growth through strategic updates. Ownership benefits from separate gas and electric meters for each residence, helping simplify utility management, while a shared water meter serves the property. The detached-unit configuration, individual garages, and private outdoor areas create a living environment that is uncommon among traditional multifamily properties and highly desirable among tenants. Conveniently located near the I-215 and SR-60 freeways, the property provides easy access throughout Riverside County and the Inland Empire. Residents are minutes from Costco, Sam's Club, Walmart, Target, Moreno Valley Mall, restaurants, schools, parks, and major employment centers. With current rental income, value-add potential through unit improvements, no HOA, and a detached-home layout rarely found in today's market, 13051 Lancaster Lane presents a compelling opportunity for investors, owner-occupants, and 1031 exchange buyers.
Features:
- Year Built: 1950
- Floors: Tile
- Security Features: Smoke Detector
- Utilities: City Water, Public Sewer
- Heating System: Forced Air, Gas
- Cooling System: Central AC, Central Air Conditioning-Electric
- Roofing: Shingle-Asphalt
- Fencing: Wood, Metal Fence
- Garage Spaces: 4
Location:
13051 Lancaster Ln, Moreno Valley, California 92553, USA
Listed By CENTURY 21 Affiliated
The Residential For Sale, Other Residential located at 13051 Lancaster Ln, Moreno Valley, California 92553, USA is currently for sale. 13051 Lancaster Ln, Moreno Valley, California 92553, USA is listed for $1,175,000 USD. If the property located at 13051 Lancaster Ln, Moreno Valley, California 92553, USA isn't what you're looking for, search California Real Estate to see other Homes For Sale in Moreno Valley.
