$1,350,000 $7,247 est/mo Sourced by Back At You

13051 Lancaster Lane,Moreno Valley, CA 92553

Moreno Valley CA, 92553

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Description

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.

Details

MLS#SW22198103
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1950
Days On Site592
Listing Provided ByCentury 21 Affiliated 951-837-2244 | Adavid Broden

Features

SQ Feet4,000
Garage4
Story(s)1
Units4
Building(s)4
ZoningR2
Acreage0.62
Property ViewYes

Market Activity 92553

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 1 minute ago
StateCA
CountyRiverside
CityMoreno Valley
Zip Code92553
Area259 Moreno Valley
Listing VS Median (in 92553)
Price:
$1,350,000
low | high
Med:
$499,994
100% of Average
SqFt:
4,000
low | high
Med:
1,565
100% of Average
$ / SqFt:
$338
low | high
Med:
$320
55.20071208431% of Average
On Site:
592
low | high
Med:
54.500000
100% of Average
Sourced by Back At You
Listing Updated: May 17, 2024 at 10:46:16 AM PDT