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13051 Lancaster Lane Moreno Valley, CA $ 1,350,000
13051 Lancaster Lane
$ 1,350,000
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13051 Lancaster Lane

Moreno Valley, CA, 92553
$ 1,350,000
Baths1.0 Sq 4,000

Monthly Estimate*

$ 8,422

Listed by Century 21 Affiliated
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Studio

Multi-Family Home for sale in Moreno Valley, CA

for $1,350,000 with 1 full bath. This 4,000 square foot home was built in 1950 on a lot size of 0.62.

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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Multi-Family Active

Price

$ 1,350,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.62

Year Built

1950

Town/City

Moreno Valley

County/Region

Riverside

MLS | Web ID

SW22198103

Days on Market

1,166

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air Electric Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected Overhead Utilities
Possession Close Of Escrow
Roof Asphalt Shingle
Appliances Free-Standing Range Range Hood Water Heater
Zoning R2
HOA Fee 0
Garage Spaces 4
Architectural Style Modern
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1950
Electric Standard
Tenant Pays Cable TV Electricity Gas
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Gross Income 56400
Community Features Curbs Street Lights Sidewalks Urban
County Riverside
Net Operating Income 36286
Operating Expense 20114
Insurance Expense 2400
New Construction 0
Property Type Residential Income
HOA 0
Garage Y/N 1
Special Listing Conditions Trust
Status Active
Directions 215 to Eucalyptus to Landcaster Ln
City Moreno Valley
Senior Community Y/N 0
Number Of Units Total 4
MLS Area 259 - Moreno Valley
Lot Size Units Square Feet
Lot Size Square Feet 27007
Number of Units Leased 4
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 0
Property Condition Repairs Cosmetic Turnkey
Trash Expense 1176
Water Sewer Expense 2160
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Tax Lot 11
Total Actual Rent 4350
Property Sub Type Additional Single Family Residence
Taxes 14378
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Interior
Flooring Tile
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 0
Laundry Features Inside
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Exterior
Fencing Block Chain Link Wood
Lot Features Front Yard Lawn Rectangular Lot Yard
Water Source Public
Total Parking 4
Lot Size Area 27007
Foundation Details Slab
Number of Buildings 4
Spa 0
Building Area Total 4000
Lot Size Acres 0.62
Road Surface Type Paved
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
Road Responsibility Private Maintained Road
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* Excluded Features
List By
Century 21 Affiliated

Broker

adavid@teambroden.com

Email

Affordability Calculator

$8,422
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Monthly Principal & Interest
$8,422
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,350,000 Listed Price

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13051 Lancaster Lane, Moreno Valley, CA, 92553 is a Multi-Family Home for sale at $1,350,000 with 4,000 sqft and a lot size of 0.62. 13051 Lancaster Lane is a studio with 1.0 baths and was built in 1950. The property's zip code is 92553 which is in Moreno Valley, CA