13051 Lancaster LN Moreno Valley, CA 92553
0.62 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW26142084
Construction Status Repairs Cosmetic,Turnkey
HOA Y/N No
Year Built 1950
Lot Size 0.620 Acres
Property Sub-Type Single Family Residence
Property Description
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.
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning R5
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric, Wall/Window Unit(s)
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range, Range Hood, Water Heater
Laundry Inside
Exterior
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Chain Link, Wood
Pool None
Community Features Curbs, Street Lights, Sidewalks, Urban
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Overhead Utilities
View Y/N Yes
View Neighborhood
Roof Type Asphalt,Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard, Lawn, Rectangular Lot, Yard
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories One
New Construction No
Construction Status Repairs Cosmetic,Turnkey
Others
Senior Community No
Tax ID 263111012
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Trust
