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Sold for $1,125,000
  • Listed by: Century 21 Affiliated • Adavid Broden • Contact: 619-507-5520
    Bought with: Berkshire Hathaway HomeService
    $1,125,000

    13051 Lancaster Ln, Moreno Valley, CA 92553

    8beds
    4baths
    4,000sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $1,124,200 Zestimate®
    $281/sqft
    $2,516 Estimated rent

    Home value

    $1,124,200

    $1.03M - $1.23M

    $2,516/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adavid Broden DRE #01995232 619-507-5520,

    Century 21 Affiliated

    Bought with:

    Martha Neri, DRE #01212625

    Berkshire Hathaway HomeService

    William Neri, DRE #01862347

    Berkshire Hathaway HomeService

    Source: CRMLS,MLS#: SW26142084MLS LogoOriginating MLS: California Regional MLS

    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

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks, Urban
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Moreno Valley

    Financial & listing details

    • Price per square foot: $281/sqft
    • Tax assessed value: $272,472
    • Date on market: 7/2/2026
    • Cumulative days on market: 68 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Total actual rent: 4350
    • Tenant pays: Cable TV, Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/21/2026Sold$1,125,000-4.3%$281/sqft
    Source: CRMLS #SW26142084 Report a problem
    9/9/2026Pending sale$1,175,000$294/sqft
    Source: CRMLS #SW26142084 Report a problem
    7/3/2026Listed for sale$1,175,000$294/sqft
    Source: CRMLS #SW26142084 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $272,472 +2%
    2025$4,604 +14.4%$267,130 +2%
    2024$4,025 +7.5%$261,893 +2%
    2023$3,744 +1.5%$256,759 +2%
    2022$3,688 +1.5%$251,725 +2%
    2021$3,633 +0.9%$246,788 +1%
    2020$3,602 +1.3%$244,259 +2%
    2019$3,555 +5.9%$239,470 +2%
    2018$3,356 +6.5%$234,776 +2%
    2017$3,152 $230,174 +2%
    2016$3,152 -4.7%$225,662 -6.7%
    2015$3,307 +6.4%$241,986 +2%
    2014$3,110 $237,248 +0.5%
    2013-- $236,177 +2%
    2012-- $231,547 +2%
    2011-- $227,008 +0.8%
    2010-- $225,313 -0.2%
    2009-- $225,851 +2%
    2008-- $221,424 +2%
    2007-- $217,083 +2%
    2006-- $212,828 -7.7%
    2005-- $230,656 +14.9%
    2003-- $200,818 +2%
    2002-- $196,882 +2%
    2001$2,550 +1.4%$193,023 +2%
    2000$2,514 $189,239
    Find assessor info on the county website

    Neighborhood: Edgemont

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,124,200

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $1,124,200