Mix-Use Property. Discover the perfect blend of luxury living and entrepreneurial spirit in this fully remodeled gem. Situated in the heart of Lake Elsinore, this property offers a unique opportunity to reside in style above anyones own workspace or capitalize on additional income by renting it out. Step into a world of sophistication with top-notch finishes that adorn every corner of this meticulously crafted space. From the moment anyone enter, the attention to detail is evident, showcasing the seamless integration of modern design and timeless charm. The living quarters boast new furnishings that elevate comfort and aesthetics, creating a cozy haven for relaxation. The well-designed layout seamlessly connects living spaces, making it ideal for both personal enjoyment and entertaining guests. Enjoy the abundance of natural light streaming through retrofitted windows, creating a warm and inviting atmosphere throughout. Whether you're savoring a morning coffee in the kitchen or unwinding in the spacious living area, the ambiance is unmatched. The ground floor offers a versatile workspace that can be tailored to suit all needs. Imagine the convenience of a home office, studio, or retail space – the possibilities are endless. Alternatively, seize the opportunity to generate additional income by leasing out the commercial space. Convenience meets style in this suburban oasis. Nestled in a vibrant community, 144 S Main St is surrounded by local amenities, dining options, and recreational activities. With easy access to major thoroughfares, commuting is a breeze, ensuring that you're always connected to the pulse of the city. Don't miss the chance to make 144 S Main St your home and investment haven. Live the suburban dream in a property that seamlessly blends luxury living with entrepreneurial flair. Schedule a showing today and experience the allure of this remodeled masterpiece!
Exceptional investment opportunity in Lake Elsinore! Priced at $699,000, this property includes plans that have already been submitted to the city for approval to convert the existing structure into a modern 4-plex, with each of the four units featuring three bedrooms and two bathrooms. The building offers a total of 4,194 sqft of living space, set on an 11,326 sqft lot in a prime R-3 High-Density Residential Zone, ideal for multi-family projects. This property boasts scenic views of Lake Elsinore and the Ortega Mountains, and is close to Lake Elsinore Beachfront Park, the casino, and Diamond Stadium. Based on local rental rates, monthly income projections per unit range from $2,200 to $3,000, creating a compelling revenue stream for both long-term and short-term rentals. All permits and plans are ready, with construction able to begin upon approval, making this an excellent prospect in a growing area. In addition to this property, two adjacent lots may be available for purchase at the right price, expanding the investment potential even further. Don't miss this rare opportunity—schedule a viewing today!
It is a must-see duplex a few blocks from the lake. Unit (A) front unit is a 3-bedroom 2 bath with a master bedroom. Unit (B): The back unit is a two-bedroom, one-bath. Each unit is one story, has its own yard and laundry access. 2 separate gas and electric meters. Each has its A/C system. The front unit has a 2-car attached garage, both units have a fireplace. Close to the lake, elementary and high school, highway 74, and shops.
CORNER MOBILE HOME ON ITS OWN LOT. FIRST TIME FOR SALE IN DECADES. VALUE IS IN LAND OR AS A RENTAL WITH CURRENT MOBILE HOME. NEEDS REMODELING. NEW NEIGHBORING PROPERTIES SELLING FOR 395K-550K WITH NEW MOBILES ON THEM. WALKING DISTANCE TO COSTCO, WALMART, HOME DEPOT AND TONS OF RESTAURANTS. LOCATED OFF CENTRAL AVENUE IN LAKE ELSINORE. Cleaned up and ready to go. Needs complete remodel inside. Great floor plan and can be converted to a 3 bedroom from a 2 bedroom 2 bath. It does not sit on a permanent foundation, is not the original location for this mobile and cannot be financed with a Conventional or FHA loan. Information verified through HCD and HUD. Great investor opportunity or homeowner with cash and rehab capability.
The median home value in Lake Elsinore, CA is $597,245. This is higher than the county median home value of $536,000. The national median home value is $338,100. The average price of homes sold in Lake Elsinore, CA is $597,245. Approximately 66.47% of Lake Elsinore homes are owned, compared to 28.95% rented, while 4.58% are vacant. Lake Elsinore real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Elsinore real estate agent to arrange a tour today!
Lake Elsinore, California has a population of 68,822. Lake Elsinore is more family-centric than the surrounding county with 41.53% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Lake Elsinore, California is $80,350. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Lake Elsinore is 31.8 years.
The average high temperature in July is 96.2 degrees, with an average low temperature in January of 39 degrees. The average rainfall is approximately 12.1 inches per year, with 0 inches of snow per year.