Moreno Valley, CA 92557,12237 Orchid LN #A

$220,000

$275,000

20.0%
Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

1,106 SqFt


SOLD DATE : 10/27/2025

Key Details

Sold Price $220,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,106 sqft

Price per Sqft $198

MLS Listing ID 25563107

Sold Date 10/27/25

Bedrooms 3

Full Baths 2

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

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CRMLS – RECore
Listed by Andrei Martinez eXp Realty of California Inc
Bought with Andrei Martinez eXp Realty of California Inc

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Valerie Castle
Valerie Castle

Managing Broker, JD | Lic# DRE# 01065018/02178736

+1(805) 749-3777

4744 Telephone Rd. # 3-227, Ventura, CA, 93003

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