13051 Lancaster Lane, Moreno Valley

$1,350,000

Click the arrows next to the image to browse our photo gallery for this property.

8 Beds
4 Baths
.62 Acre
4 Garages

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.

Essential Information

MLS® #
SW22198103
Price
$1,350,000
Bedrooms
8
Bathrooms
4.00
Acres
0.62
Year Built
1950
Type
Residential Income
Sub-Type
Single Family Residence
Style
Modern
Status
Active

Community Information

Address
13051 Lancaster Lane
Area
259 - Moreno Valley
City
Moreno Valley
County
Riverside
Zip Code
92553
Senior Community
N

Community Features

Curbs, Street Lights, Sidewalks, Urban

Amenities

Parking Spaces
4
# of Garages
4
View
Neighborhood
Pool
None

Utilities

Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Overhead Utilities

Interior

Interior
Tile
Heating
Forced Air, Natural Gas
Fireplaces
None
# of Stories
1
Stories
One

Appliances

Free-Standing Range, Range Hood, Water Heater

Cooling

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

Exterior

Roof
Asphalt, Shingle
Foundation
Slab

Lot Description

Front Yard, Lawn, Rectangular Lot, Yard

Additional Information

Date Listed
September 30th, 2022
Days on Market
567
Zoning
R2

Listing Details

Agent
Adavid Broden
Office
Century 21 Affiliated

LISTING MAP

Get directions to this property:

Based on information from California Regional Multiple Listing Service, Inc. as of May 6th, 2024 at 7:15am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.