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.
Listing Courtesy of CRMLS / Listed By: Adavid Broden, Century 21 Affiliated
$479,000 (USD)
Lake Elsinore Area Land
Active
0 Billings Lane Lake Elsinore, CA 92530
Bed
0 Baths
sqft
MLS# SW26149550
Perched high above the valley with sweeping 360-degree views in every direction, this nearly 10-acre estate parcel offers something increasingly difficult to find in Southern California: space, privacy, and perspective.
From sunrise over distant mountain peaks to sunsets across rolling hills, the elevated setting creates a sense of seclusion while remaining just minutes from modern conveniences. The property overlooks the future Alberhill Village community below, positioning you to benefit from future growth and amenities without sacrificing the panoramic views that define this remarkable location.
Two potential building areas provide flexibility for a custom estate, guest accommodations, workshop, barn, or recreational retreat. Surrounded by open space and natural beauty, this is a place where your vision has room to grow.
Listing Courtesy of CRMLS / Listed By: Adavid Broden, Century 21 Affiliated
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.