13051 Lancaster Lane, Moreno Valley, CA 92553

$1,175,000

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List Agent Adavid Broden () 951-304-2122 Century 21 Affiliated; CoList ()

List Price
$1,175,000
Status
ACTIVE
MLS#
SW26142084
Year Built
1950
Lot Size
27,007
Lot Location
Front Yard, Lawn, Rectangular Lot, Yard
Days on Market
27
Property Type
Single Family Residential
Style
Modern
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

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.

Additional Information

Appliances
Free-Standing Range, Range Hood, Water Heater
Pool Description
None
Heat
Forced Air, Natural Gas
Cooling
Yes
Cooling Description
Central Air, Electric, Wall/Window Unit(s)
View
Neighborhood
Roof
Asphalt, Shingle
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.