Moreno Valley, CA 92553 13051 Lancaster Lane

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Presented By: Adavid Broden with Century 21 Affiliated; 619-507-5520
  • MLS# SW22198103
  • 10/03/2022
  • Request Tour
  • Request Info
  • BedBeds • 8
  • BathBaths • 4
  • FootageSQFT • 4,000
  • GarageGarage • 4

Home Details

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.
Presented By: Adavid Broden with Century 21 Affiliated; 619-507-5520

Interior Features for 13051 Lancaster Lane

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Laundry FeaturesInside
Street SuffixLane
Total Stories1

General for 13051 Lancaster Lane

Additional Parcels Y/NNo
AppliancesFreeStandingRange, RangeHood, WaterHeater
Architectural StyleModern
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityMoreno Valley
Community FeaturesCurbs, StreetLights, Sidewalks, Urban
CoolingCentralAir, Electric, WallWindowUnits
CountyRiverside
Days on Market484
Directions215 to Eucalyptus to Landcaster Ln
ElectricStandard
Electric Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income56400.0
HOA0.0
HOA / Comm AssnNo
HeatingForcedAir, NaturalGas
Home Warranty Y/NNo
Insurance Expense2400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet27007.0
MLS Area259 - Moreno Valley
MobileHomeRemainsYNNo
Net Operating Income36286.0
New ConstructionNo
Number of Units Leased4
Operating Expense20114.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property ConditionRepairsCosmetic, Turnkey
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NNo
RoofAsphalt, Shingle
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories1
Street NameLancaster
Tax Lot11
Taxes$14,378
Tenant PaysCableTV, Electricity, Gas
Total Actual Rent4350.0
Total Units4
Trash Expense1176.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected, OverheadUtilities
ViewNeighborhood
View Y/NYes
Water Sewer Expense2160.0
Waterfront Y/NNo
Year Built1950
Year Built SourceEstimated
ZoningR2

Exterior for 13051 Lancaster Lane

Building Area Total4000.0
Crops Included Y/NNo
FencingBlock, ChainLink, Wood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, Lawn, RectangularLot, Yard
Lot Size Acres0.62
Lot Size Area27007.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings4
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Road Frontage TypeCityStreet
Road ResponsibilityPrivateMaintainedRoad
Road Surface TypePaved
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,350,000
MLS#SW22198103
List Date 10/03/2022
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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