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3 Beds
2 Baths
1,106SqFt
Pending
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.
Property Details | ||
---|---|---|
Price | $275,000 | |
Bedrooms | 3 | |
Full Baths | 2 | |
Half Baths | 0 | |
Total Baths | 2 | |
Lot Size Area | 0 | |
Lot Size Area Units | Square Feet | |
Acres | 0 | |
Property Type | Residential | |
Sub type | Condominium | |
MLS Sub type | Condominium | |
Stories | 1 | |
Year Built | 1975 | |
View | None | |
Heating | Central | |
Laundry Features | Dryer Included | |
Pool features | None | |
Parking Description | Garage - Two Door | |
Parking Spaces | 0 | |
Association Fee | 475 | |
Geographic Data | ||
Directions | First home - Corner lot of community | |
County | Riverside | |
Latitude | 33.943001 | |
Longitude | -117.228859 | |
Market Area | 259 - Moreno Valley | |
Address Information | ||
Address | 12237 Orchid Lane #A, Moreno Valley, CA 92557 | |
Unit | A | |
Postal Code | 92557 | |
City | Moreno Valley | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | eXp Realty of California Inc | |
Listing Agent | Andrei Martinez | |
Special listing conditions | Standard | |
MLS Information | ||
Days on market | 56 | |
MLS Status | Pending | |
Listing Date | Jul 9, 2025 | |
Listing Last Modified | Oct 10, 2025 | |
Tax ID | 481282041 | |
MLS Area | 259 - Moreno Valley | |
MLS # | 25563107 |
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This information is believed to be accurate, but without any warranty.