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.
For sale
Price cut: $5K (8/2)
$275,000
12237 Orchid Ln APT A, Moreno Valley, CA 92557
3beds
1,106sqft
Est.:
Residential, Condominium
Built in 1975
-- sqft lot
$274,900 Zestimate®
$249/sqft
$475/mo HOA
What's special
- 31 days
- on Zillow |
- 2,632 |
- 77 |
Zillow last checked: 7 hours ago
Listing updated: August 02, 2025 at 05:06am
Listed by:
Andrei Martinez DRE # 02084014 714-742-5315,
eXp Realty of California Inc 888-584-9427
Source: CLAW,MLS#: 25563107

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Patio Enclosed
Heating
- Central
Cooling
- Air Conditioning
Appliances
- Included: Dishwasher, Dryer
- Laundry: In Unit
Features
- Flooring: Mixed
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
Interior area
- Total structure area: 1,106
- Total interior livable area: 1,106 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - 2 Car
- Has garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Pool features: None
- Has view: Yes
- View description: None
Details
- Parcel number: 481282041
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Pueblo
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Condition
- Year built: 1975
Community & HOA
Community
- Security: None
- Subdivision: Lake Sunnymead
HOA
- Has HOA: Yes
- Amenities included: None
- HOA fee: $475 monthly
Location
- Region: Moreno Valley
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $149,826
- Annual tax amount: $1,787
- Date on market: 7/9/2025
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