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.
16 days
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644
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34
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Zillow last checked:
Listing updated:
Listed by:
Adavid BrodenDRE #01995232619-507-5520,
Century 21 Affiliated
Source: CRMLS,MLS#: SW26142084Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Forced Air, Natural Gas
Cooling
Central Air, Electric, Wall/Window Unit(s)
Appliances
Included: Free-Standing Range, Range Hood, Water Heater
Laundry: Inside
Features
Flooring: Tile
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 4,000
Total interior livable area: 4,000 sqft
Property
Parking
Total spaces: 4
Parking features: Garage
Garage spaces: 4
Features
Levels: One
Stories: 1
Entry location: Front
Pool features: None
Spa features: None
Fencing: Block,Chain Link,Wood
Has view: Yes
View description: Neighborhood
Lot
Size: 0.62 Acres
Features: Front Yard, Lawn, Rectangular Lot, Yard
Details
Parcel number: 263111012
Zoning: R5
Special conditions: Trust
Construction
Type & style
Home type: MultiFamily
Architectural style: Modern
Property subtype: Multi Family
Materials
Foundation: Slab
Roof: Asphalt,Shingle
Condition
Repairs Cosmetic,Turnkey
New construction: No
Year built: 1950
Utilities & green energy
Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Overhead Utilities
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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