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Listed by Wendy McGowan • Century 21 Masters
$ 444,000
Est. payment | /mo
900 SqFt
$ 444,000
Est. payment | /mo
900 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $493
MLS Listing ID CRSW25021257
HOA Y/N No
Year Built 1947
Lot Size 3,920 Sqft
Property Sub-Type Duplex
Source Datashare California Regional
Property Description
Investment Opportunity, commercially zoned, in the unincorporated area of Lake Elsinore. This duplex income property is located in a community known for its extreme sports and outdoor activities. The property features two units, each with 1 bedroom, a 3/4 bath, a living room area, the kitchen, and a private fenced yard. The units, totaling 900 sq. ft. of living area (450 sq. ft. per unit), are older but in good condition. Each unit has separate electric meters, and shares meters for the other utilities. There are newly installed gas lines and new wall heaters in each unit. Window air conditioning units were installed by previous renters. The duplex sits on a 3,920 sq. ft. lot with ample parking space. Located within walking distance of the Lake and Perret Park, which backs up to the Lake. The community is a popular destination for paragliding, dirt bike riding, and hiking, as well as boating, waterskiing, fishing, and other water sports here in Lake Elsinore. The combination of commercial zoning and prime location offers diverse revenue streams and long-term growth potential. The new Lake Elsinore Marina and RV Resort area features modern amenities, including yurt rentals for tourists. For more information or to schedule a viewing, please contact us. ---
Location
State CA
County Riverside
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplace No
Appliance Gas Water Heater
Laundry No Hookups
Exterior
View None
Building
Water Public
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