$1,175,000

Other Residential

  • 27,007 Sqft lot
  • Updated: July 7
  • 1
    Views for last 30 days
  • MLS#SW26142084

About the Property

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 mul
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.
  • Property type

    Other

  • Year built

    1950

Features

  • Garage
  • Washer Dryer
  • Air Conditioning
  • Investment Property

Explore the Area

13051 Lancaster Ln, Moreno Valley, CA 92553, California, United States View on Google Maps
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Adavid Broden

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Adavid Broden
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CENTURY 21 Affiliated
CENTURY 21 Affiliated
28588 Old Town Front Street #300, 92590, Temecula, California, United States
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Last updated
July 7
First listed
Jul 3
Listing reference
4B211AC5-D3BB-4D10-BDF6-087687D3F735
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