13051 Lancaster LN, Moreno Valley, CA 92553
$1,125,000
$1,175,000
4.3%
Est.Price: ?

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0.62 Acres Lot

13051 Lancaster LN Moreno Valley, CA 92553

Est. payment /mo
SOLD DATE : 10/21/2026

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Key Details

Sold Price $1,125,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SW26142084

Sold Date 10/21/26

Construction Status Repairs Cosmetic,Turnkey

HOA Y/N No

Year Built 1950

Lot Size 0.620 Acres

Property Sub-Type Single Family Residence

Property Description

Four Detached Homes on One Parcel! Rare opportunity to acquire a unique Moreno Valley investment property featuring four detached 2-bedroom, 1-bath residences, each with an attached single-car garage, laundry hookups, and private outdoor space. Unlike a traditional fourplex, the detached layout offers many of the benefits tenants seek in single-family living while providing the efficiencies of multifamily ownership.

The property consists of four standalone homes arranged around a spacious central drive with ample onsite parking. Each unit offers a functional floor plan with strong rental appeal. One residence has been substantially updated with central heating and air conditioning, an upgraded kitchen, and a remodeled bathroom, while the remaining units present an opportunity for future cosmetic improvements and rental growth through strategic updates.

Ownership benefits from separate gas and electric meters for each residence, helping simplify utility management, while a shared water meter serves the property. The detached-unit configuration, individual garages, and private outdoor areas create a living environment that is uncommon among traditional multifamily properties and highly desirable among tenants.

Conveniently located near the I-215 and SR-60 freeways, the property provides easy access throughout Riverside County and the Inland Empire. Residents are minutes from Costco, Sam's Club, Walmart, Target, Moreno Valley Mall, restaurants, schools, parks, and major employment centers. With current rental income, value-add potential through unit improvements, no HOA, and a detached-home layout rarely found in today's market, 13051 Lancaster Lane presents a compelling opportunity for investors, owner-occupants, and 1031 exchange buyers.

Location

State CA

County Riverside

Area 259 - Moreno Valley

Zoning R5

Interior

Heating Forced Air, Natural Gas

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

Flooring Tile

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range, Range Hood, Water Heater

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Fence Block, Chain Link, Wood

Pool None

Community Features Curbs, Street Lights, Sidewalks, Urban

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

View Y/N Yes

View Neighborhood

Roof Type Asphalt,Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard, Lawn, Rectangular Lot, Yard

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic,Turnkey

Others

Senior Community No

Tax ID 263111012

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Trust

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Listed by Adavid Broden Century 21 Affiliated 619-507-5520, DRE #01995232
Bought with Martha Neri Berkshire Hathaway HomeService

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Todd Kingsley

Todd Kingsley

Agent License ID: 02118744

+1(310) 710-8633

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