• 13051 Lancaster Lane Moreno Valley, CA 92553

  • $1,350,000
  • 0
    Bed(s)
  • 0
    Baths
  • 4,000
    Sq Ft
  • 27007
    Sqft
  • Listed By: Adavid Broden, Century 21 Affiliated, DRE #01995232
  • Source: CRMLS

U.S. Opportunity Zone Residential Investment! Looking to diversify your real estate portfolio with an absolutely unique group of properties? 13051 Lancaster Lane may be the perfect fit to complete your portfolio puzzle. The opportunities here are only limited to your imagination. The front two-thirds of this parcel is host to 4 residences, all offering 2 bedrooms, 1 bath, and attached single car garages with laundry connections. Inside, you will find each is outfitted with tile floors, and tile counters. Unit 13067 has recently been upgraded with central heating & air, new bath and kitchen. Each is also complete with separate gas and electric meters, and a shared water meter. The rear third of this parcel is flat, vacant and ready for your creativity to expand on its possibilities, with even more units. Next door to the south is an equally flat and buildable vacant lot that could later be purchased to further increase your footprint in an already bustling community. Location is everything in real estate, and this property is conveniently situated just east of the 215 and south of the 60, some of Riverside county's main freeways. Equally impressive, is the less than 5 minutes proximity to Costco, Sam's Club, Walmart, Target, Moreno Valley Mall, and literally all other restaurants and shops you can imagine. Taxes are as low as you can find, and there is no HOA. This truly is an amazing chance to either grow your real estate portfolio or get it started. Call today to set in motion your best investment of 2022.

Property Type :

Residential Income

County :

Riverside

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Roof : Asphalt,Shingle

Property Appliances: Free-Standing Range,Range Hood,Water Heater

Fireplace: None

Flooring: Tile

Cooling Features

Central Air,Electric,Wall/Window Unit(s)

Air Conditioning

Heating Source

Forced Air,Natural Gas

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1950

Building Area Total: 4,000

Roof: Asphalt,Shingle

Foundation

Slab

Security Features

Carbon Monoxide Detector(s),Smoke Detector(s)

Pool Features

None

Laundry Features

Inside

Fencing

Block,Chain Link,Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.62

Lot Size Source: Assessor

Lot Size Square Feet: 27007

Listing Price Information

Original List Price: 1,350,000

Listing Contract Date: 2022-09-30

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 263111012

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Cable TV,Electricity,Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood: 259 - Moreno Valley

Postal Code Plus 4: 8070

Directions: 215 to Eucalyptus to Landcaster Ln

Zoning: R2

Source Property Type: Residential Income

Area: 259 - Moreno Valley

Property SubType: Single Family Residence

Building and Construction

Property Age: 74

Common Walls: No Common Walls

Property Condition: Repairs Cosmetic,Turnkey

Structure Type: Single Family Residence

Year Built Source: Estimated

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
21691 Dracaea, Moreno Valley, CA,92553 $3,900,000 -- -- -- 192100 Sqft
24255 Sunnymead Boulevard, Moreno Valley, CA,92553 $550,000 -- -- -- 39640 Sqft
24233 Sunnymead Boulevard, Moreno Valley, CA,92553 $345,000 -- -- -- 13939 Sqft
13703 Edgemont Street, Moreno Valley, CA,92553 $2,800,000 -- -- -- 20473 Sqft
Olive Wood Plaza Dr, Moreno Valley, CA,92553 $1,225,000 -- -- -- 42253 Sqft
22557 Adrienne Avenue, Moreno Valley, CA,92553 $1,050,000 4 2 3,264 8276 Sqft
24340 Fir Avenue, Moreno Valley, CA,92553 $2,500,000 -- -- -- 20038 Sqft
21840 Cottonwood Avenue, Moreno Valley, CA,92553 $2,699,000 -- -- 5,000 260000 Sqft
13538 Day Street, Moreno Valley, CA,92553 $150,000 -- -- -- 4792 Sqft
21737 Eucalyptus Avenue, Moreno Valley, CA,92553 $4,900,000 -- -- -- 117176 Sqft

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ByOwner last updated this listing 04/29/2024 @ 04:56

MLS: SW22198103
LISTED BY: Adavid Broden, Century 21 Affiliated
SOURCE: CRMLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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