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Sold for $220,000
  • $220,000

    12237 Orchid Ln APT A, Moreno Valley, CA 92557

    3beds
    1,106sqft
    Residential, Condominium
    Built in 1975
    -- sqft lot
    $222,800 Zestimate®
    $199/sqft
    $2,317 Estimated rent

    Home value

    $222,800

    $203,000 - $245,000

    $2,317/mo

    Zestimate® history
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    $2,317/mo

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    $2,317/mo

    Rent Zestimate®

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    $1,930/mo

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    $1,930/mo

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    What's special

    Investor Special Rental Property with On-Time Paying Tenants! This well-maintained 3-bedroom, 2-bath condo is a fantastic opportunity located in the desirable city of Moreno Valley. Perfect for seasoned investors or first-time buyers looking to generate passive income, this property already comes with reliable tenants in place, providing immediate cash flow from day one. This single-level unit features a smart, functional layout that includes a spacious living room, dedicated dining area, and a private patioideal for outdoor dining, relaxing, or small gatherings. Inside, you'll find in-unit laundry hookups for convenience, a 2-car garage for secure parking or storage, and an additional assigned parking space for guests or residents with multiple vehicles. The home offers long-term potential with its solid structure and low-maintenance design. Sold as-is, it provides a hassle-free investment opportunity with no immediate renovation required. It's clean, well-kept, and ready to continue performing as a solid income-generating property. The HOA covers landscaping maintenance, helping to keep the exterior looking sharp year-round with minimal effort from the owner. Community features include peaceful greenbelt areas and convenient guest parking. Ideally located within walking distance to local shopping centers, restaurants, and essential services, and just minutes from the 60 freeway, this property offers the perfect balance of comfort and convenience. Whether you're expanding your portfolio or looking for a stable rental property in a growing area, this condo delivers long-term value in one of Moreno Valley's established communities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrei Martinez DRE # 02084014 714-742-5315,

    eXp Realty of California Inc 888-584-9427

    Bought with:

    Andrei Martinez, DRE # 02084014

    eXp Realty of California Inc

    Source: CLAW,MLS#: 25563107MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Patio Enclosed
    Heating
    • Central
    Cooling
    • Air Conditioning
    Appliances
    • Included: Dishwasher, Dryer
    • Laundry: In Unit
    Features
    • Flooring: Mixed
    • Has fireplace: No
    • Fireplace features: None
    • Furnished: Yes
    Interior area
    • Total structure area: 1,106
    • Total interior livable area: 1,106 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - 2 Car
    • Has garage: Yes
    • Covered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Has view: Yes
    • View description: None
    Details
    • Parcel number: 481282041
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Pueblo
    • Property subtype: Residential, Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1975

    Community & HOA

    Community
    • Security: None
    • Subdivision: Lake Sunnymead
    HOA
    • Has HOA: Yes
    • Amenities included: None
    • HOA fee: $475 monthly
    Location
    • Region: Moreno Valley

    Financial & listing details

    • Price per square foot: $199/sqft
    • Tax assessed value: $152,822
    • Annual tax amount: $1,858
    • Date on market: 7/9/2025

    Price history

    DateEventPrice
    12/20/2025Listing removed$2,900$3/sqft
    Source: Zillow Rentals Report a problem
    11/23/2025Listed for rent$2,900-3.3%$3/sqft
    Source: Zillow Rentals Report a problem
    11/23/2025Listing removed$3,000$3/sqft
    Source: Zillow Rentals Report a problem
    11/19/2025Listed for rent$3,000$3/sqft
    Source: Zillow Rentals Report a problem
    11/18/2025Listing removed$3,000$3/sqft
    Source: Zillow Rentals Report a problem
    10/28/2025Listed for rent$3,000$3/sqft
    Source: Zillow Rentals Report a problem
    10/27/2025Sold$220,000-20%$199/sqft
    Source: CLAW #25563107 Report a problem
    10/10/2025Pending sale$275,000$249/sqft
    Source: CLAW #25563107 Report a problem
    9/24/2025Listed for sale$275,000$249/sqft
    Source: CLAW #25563107 Report a problem
    8/18/2025Pending sale$275,000$249/sqft
    Source: CLAW #25563107 Report a problem
    8/2/2025Price change$275,000-1.8%$249/sqft
    Source: CLAW #25563107 Report a problem
    7/10/2025Listed for sale$280,000+104.4%$253/sqft
    Source: CLAW #25563107 Report a problem
    9/4/2018Sold$137,000-0.7%$124/sqft
    Source: Public Record Report a problem
    8/27/2018Listed for sale$137,900$125/sqft
    Source: First Team Real Estate #DW18126978 Report a problem
    8/3/2018Pending sale$137,900$125/sqft
    Source: First Team Real Estate #DW18126978 Report a problem
    7/19/2018Listed for sale$137,900$125/sqft
    Source: First Team Real Estate #DW18126978 Report a problem
    7/16/2018Pending sale$137,900$125/sqft
    Source: First Team Real Estate #DW18126978 Report a problem
    6/29/2018Price change$137,900-1.4%$125/sqft
    Source: First Team Real Estate #DW18126978 Report a problem
    5/30/2018Listed for sale$139,900$126/sqft
    Source: First Team Real Estate #DW18126978 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,858 +4%$152,822 +2%
    2024$1,787 +2%$149,826 +2%
    2023$1,753 +1.9%$146,889 +2%
    2022$1,721 +1.9%$144,010 +2%
    2021$1,689 +1.1%$141,187 +1%
    2020$1,672 $139,740 +2%
    2019-- $137,000 +27.9%
    2018$1,323 +2.1%$107,100 +2%
    2017$1,295 $105,000 +60.2%
    2016$1,295 +52.1%$65,529 +1.5%
    2015$852 +6.6%$64,547 +2%
    2014$799 $63,285 +0.5%
    2013-- $63,000 -16.8%
    2012-- $75,695 +2%
    2011-- $74,211 +0.8%
    2010-- $73,658 -0.2%
    2009-- $73,835 +2%
    2008-- $72,388 +2%
    2007-- $70,969 +2%
    2006-- $69,579 +2%
    2005-- $68,215 +3.9%
    2003-- $65,655 +13.2%
    2002-- $58,000
    2001$715 +12.6%$58,000 +16%
    2000$635 $50,000
    Find assessor info on the county website

    Neighborhood: Midland

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $222,800
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    Estimated market value
    $222,800