Property listed by OFFERCITY HOMES, RUPI AZROT, 951-638-4477.
$420,000
Well maintained Lake Elsinore duplex offering strong income with upside, featuring two 1 bedroom, 1 bathroom units. The upper unit is tenant occupied and stabilized at $1,400 per month and enjoys lake views, while the lower unit is vacant, recently updated with fresh paint, newer appliances, and updated kitchen cabinetry,… Read More and can achieve an estimated rent of $1,500 per month. The lower unit also includes a rare 2 car detached garage, adding significant rental appeal. Ideal for investors or owner occupants seeking immediate cash flow in a convenient Lake Elsinore location near shopping, dining, and freeway access. Detached 2 car garage offers potential ADU conversion, buyer to verify zoning, permits, and feasibility with the City of Lake Elsinore. Property also includes a detached storage structure that is part of the property and provides additional usable space. Read Less
Listing Snapshot
Days Online
263
Last Updated
Property Type
Duplex
Lot Size
0.22 Acres
Year Built
1951
MLS Number
IV26023151
Additional Details
Property Access
Road Surface: Paved
Appliances & Equipment
Disposal, GasRange, WaterHeater
Building
Built in 1951, 1 building, 1 storey, Levels: One, Two, Entry level: 1, Entry location: Front
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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