Lake Elsinore CA Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- 1,304
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 2001
- Baths:
- MLS#:
- GD24231264
ADDITIONAL INFORMATION
Discover this inviting single-story home offering a solid foundation for both investors and future homeowners. Located walking diistance to downtown Lake Elsinore, which is currently being revitalized. Car enthusiasts will appreciate the expansive, oversized garage, which accommodates three vehicles through two rolling gates. With three bedrooms and two bathrooms this 2001 built home is a solid structure with good bones. Whether you're looking for an investment property or a future family home, this property presents a great opportunity. Many addition and ADU opportunities with NO HOA. The City of Lake Elsinore's vibrant downtown is undergoing an exciting transformation. Rediscover Downtown is a series of seven current and future projects designed to enhance the downtown corridor. These civic improvements aim to improve the City's infrastructure, aesthetics, and public spaces, fostering a stronger sense of community and boosting local businesses while preserving downtown's historic charm and character. With a $67.5 million investment in our future, we're building a more connected, accessible, and beautiful downtown that residents and visitors will enjoy for years to come. PLEASE DO NOT DISTURB OCCUPANTS, MONTH TO MONTH LEASE @ TWO THOUSAND TWO HUNDRED AND TWENTY FOUR DOLLARS PER MONTH.($2,224). Buyer to verify all information, there is a full property inspection report and sale package available by request.
- Type:
- Fourplex
- Sq.Ft.:
- 4,200
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.26 Acres
- Year built:
- 1941
- Baths:
- MLS#:
- SB24228360
ADDITIONAL INFORMATION
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!
- Type:
- Duplex
- Sq.Ft.:
- 2,008
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1979
- Baths:
- MLS#:
- OC24076226
ADDITIONAL INFORMATION
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) back unit is a 2- bedroom 1 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. The property currently has a rental income of $3650/month. THE PROPERTY IS SELLING AS-IS AT THIS PRICE.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.13 Acres
- Year built:
- 1977
- Baths:
- MLS#:
- CRSW24022881
View additional info
Courtesy: KW Temecula
ADDITIONAL INFORMATION
CORNER MOBILE HOME ON ITS OWN LOT. FIRST TIME FOR SALE IN DECADES. ONE OF 4 SEPARATE MOBILE HOMES ON ITS OWN LAND BEING SOLD SEPARATELY OR TOGETHER. 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. IN PROCESS OF CLEAN UP AND PERSONAL PROPERTY REMOVAL. SOME HAVE 433 CERTS AND SOME DO NOT. 18306 Oleander does not sit on a permanent foundation and CANNOT be financed with a Conventional or FHA loan. Buyer to verify square footage and all aspects of the property.
Lake Elsinore Real Estate
The median home value in Lake Elsinore, CA is $599,490. 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 $599,490. 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.
Lake Elsinore Weather
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.