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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,980,000

Est. payment - /mo

4 Beds

2 Baths

1,225 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,225 sqft

Price per Sqft $1,616

MLS Listing ID PF25228574

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1946

Lot Size 4.270 Acres

Property Sub-Type Duplex

Property Description

Situated near the scenic Lake Elsinore, this 4-parcel property spans over 4 acres and offers both functionality and potential for a variety of business or residential uses. The property features two units: a spacious 3-bedroom, 1-bathroom home and a separate 1-bedroom, 1-bathroom unit, each with its own laundry and separate meters. Currently undergoing remodeling with upgrades that include a new electrical panel, new kitchen, new windows, new bathroom, and new flooring. The sale also includes three vacant lots that are already utility-ready with gas, water, and electricity - ideal for adding additional units, building new structures, or tailoring the property to fit your business needs. With four APNs (373-270-005, 373-270-006, 373-270-007 and 373-270-009), this property is versatile enough to support uses such as a apartment unit, condominium, townhouse, bed & breakfast, restaurant, community center, daycare facility, fitness club, professional offices, financial institution, medical office, museum or hotel. Its prime location near the lake, with easy access to local amenities, makes it a perfect opportunity for an owner-user or small business operator seeking a unique property with room to grow. With utilities in place and multiple parcels included, the site provides a wide range of possibilities. This property offers extensive potential for residential, mixed-use, or commercial development, subject to City approval. Buyers should confirm current zoning and explore additional uses with the City to maximize investment opportunities.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Rooms

Main Level Bedrooms 4

Interior

Interior Features Granite Counters, All Bedrooms Down

Heating None

Cooling None

Flooring Tile

Fireplaces Type None

Inclusions Stove, Cabinets, Lighting Fixtures, Window & door screens

Fireplace No

Appliance Gas Oven, Gas Range

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Driveway

Fence Chain Link, Vinyl

Pool None

Community Features Fishing, Lake

View Y/N Yes

View Hills, Lake

Roof Type Asphalt

Total Parking Spaces 10

Private Pool No

Building

Lot Description Back Yard, Front Yard

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Lake Elsinore Unified

Others

Senior Community No

Tax ID 373270005

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan

Special Listing Condition Standard

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Listed by Yen Wu Redfin Corporation

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816 E Lakeshore Lake Elsinore, CA 92530