PENDING
$5K PRICE DROP
12237 Orchid Ln Unit A Moreno Valley, CA 92557
North Moreno Valley NeighborhoodEstimated payment $2,122/month
Total Views
5,584
3
Beds
2
Baths
1,106
Sq Ft
$249
Price per Sq Ft
Highlights
- Pueblo Architecture
- Enclosed Patio or Porch
- Central Heating
- Furnished
About This Home
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
Home Type
- Condominium
Est. Annual Taxes
- $1,787
Year Built
- Built in 1975
HOA Fees
- $475 Monthly HOA Fees
Parking
- 2 Covered Spaces
Home Design
- Pueblo Architecture
Interior Spaces
- 1,106 Sq Ft Home
- 1-Story Property
- Furnished
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
Additional Features
- Enclosed Patio or Porch
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 481-282-041
Community Details
Overview
- 108 Units
Pet Policy
- Pets Allowed
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,787 | $152,822 | $33,464 | $119,358 |
| 2023 | $1,787 | $146,889 | $32,165 | $114,724 |
| 2022 | $1,721 | $144,010 | $31,535 | $112,475 |
| 2021 | $1,689 | $141,187 | $30,917 | $110,270 |
| 2020 | $1,672 | $139,740 | $30,600 | $109,140 |
| 2019 | $1,659 | $137,000 | $30,000 | $107,000 |
| 2018 | $1,323 | $107,100 | $25,500 | $81,600 |
| 2017 | $1,295 | $105,000 | $25,000 | $80,000 |
| 2016 | $863 | $65,529 | $20,801 | $44,728 |
| 2015 | $852 | $64,547 | $20,490 | $44,057 |
| 2014 | $799 | $63,285 | $20,090 | $43,195 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Pending | -- | -- | -- |
| 08/02/2025 08/02/25 | Price Changed | $275,000 | -1.8% | $249 / Sq Ft |
| 07/09/2025 07/09/25 | For Sale | $280,000 | +103.0% | $253 / Sq Ft |
| 09/10/2018 09/10/18 | For Sale | $137,900 | +0.7% | $125 / Sq Ft |
| 09/04/2018 09/04/18 | Sold | $137,000 | -0.7% | $124 / Sq Ft |
| 08/27/2018 08/27/18 | For Sale | $137,900 | +0.7% | $125 / Sq Ft |
| 08/26/2018 08/26/18 | Off Market | $137,000 | -- | -- |
| 08/02/2018 08/02/18 | Pending | -- | -- | -- |
| 07/19/2018 07/19/18 | For Sale | $137,900 | 0.0% | $125 / Sq Ft |
| 07/14/2018 07/14/18 | Pending | -- | -- | -- |
| 06/28/2018 06/28/18 | Price Changed | $137,900 | -1.4% | $125 / Sq Ft |
| 05/26/2018 05/26/18 | For Sale | $139,900 | -- | $126 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $137,000 | Ticor Title Company Of Calif | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $350,000 | New Conventional |
Source: Public Records
Similar Homes in Moreno Valley, CA
Source: The MLS
MLS Number: 25563107
APN: 481-282-041
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