$ 1,175,000
-
$1,175,000
Price -
8
Bed -
4
Bath -
4,000
SqFt
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About the Listing C21P01 - SWBRODADA
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.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
SW26142084
Year Built
1950
Total Square Footage
4,000
Lot/Acreage
0.62
County
Riverside
Area
259 - Moreno Valley
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: Free-Standing Range, Range Hood, Water Heater
- Air Cond: Central Air,Electric,Wall/Window Unit(s)
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Front Yard,Lawn,Rectangular Lot,Yard,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 4
- Zoning: R5
- Roof: Asphalt,Shingle
- Others: Repairs Cosmetic,Turnkey,2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 263111012
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
13051 Lancaster Ln Moreno Valley, CA 92553
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