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Adavid Broden
Century 21 Affiliated
951-837-2244
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.
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Water Source : Public
Sewer : Public Sewer
Roof : Asphalt,Shingle
Property Appliances: Free-Standing Range,Range Hood,Water Heater
Fireplace: None
Flooring: Tile
Central Air,Electric,Wall/Window Unit(s)
Air Conditioning
Forced Air,Natural Gas
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1950
Building Area Total: 4,000
Roof: Asphalt,Shingle
Slab
Carbon Monoxide Detector(s),Smoke Detector(s)
None
Inside
Block,Chain Link,Wood
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.62
Lot Size Source: Assessor
Lot Size Square Feet: 27007
Original List Price: 1,350,000
Listing Contract Date: 2022-09-30
Listing Agreement: Exclusive Right To Sell
Parcel Number: 263111012
Lease Term: Negotiable
Tenant Pays: Cable TV,Electricity,Gas
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
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
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.