13051 Lancaster Ln, MORENO VALLEY, CA

$1,350,000

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8

Beds

4

Baths

4,000

Square feet

1.00

Acre

About 13051 Lancaster Ln

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.

Features of 13051 Lancaster Ln

MLS® # SW22198103MR
Price $1,350,000
Units 4
Bedrooms 8
Bathrooms 4.00
Square Footage 4,000
Acres 1.00
Year Built 1950
Type Residential Income
Sub-Type Single Family
Style Modern
Status Active

Community Information

Address 13051 Lancaster Ln
Area Moreno Valley
City MORENO VALLEY
County Riverside
State CA
Zip Code 92553

Amenities

Parking Spaces 4
# of Garages 4
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Forced Air, Natural Gas
Cooling Central, Electric
Fireplace No
Fireplaces None
# of Stories 1
Has Basement No

Exterior

Roof Asphalt Shingle, Shingle

Additional Information

Date Listed September 30th, 2022
Days on Market 581
Zoning R2
Foreclosure No
RE / Bank Owned No
Actual Annual Gross Rent $4,350
Net Operating Income $36,286

Unit 1 Details

Beds 2
Baths 1.00
Rent $1,100

Unit 2 Details

Beds 2
Baths 1.00
Rent $1,100

Unit 3 Details

Beds 2
Baths 1.00
Rent $1,200

Unit 4 Details

Beds 2
Baths 1.00
Rent $1,300

Listing Details

AgentAdavid Broden (01995232)
OfficeCentury 21 Affiliated

Listing Map

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