17
See all 17 photos
$280,000
Est. payment /mo
3 Beds
2 Baths
1,106 SqFt
New
12237 Orchid LN #A Moreno Valley, CA 92557
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Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,106 sqft
Price per Sqft $253
MLS Listing ID 25563107
Bedrooms 3
Full Baths 2
Condo Fees $475
HOA Fees $475/mo
HOA Y/N Yes
Year Built 1975
Property Sub-Type Condominium
Property Description
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.
Location
State CA
County Riverside
Area 259 - Moreno Valley
Zoning R1
Interior
Heating Central
Fireplaces Type None
Furnishings Furnished
Fireplace No
Appliance Dishwasher, Dryer
Exterior
Parking Features Door-Multi, Garage
Pool None
View Y/N No
View None
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Pets Allowed Yes
Senior Community No
Tax ID 481282041
Special Listing Condition Standard
Pets Allowed Yes
Listed by Andrei Martinez eXp Realty of California Inc