Come enjoy an incredible opportunity to own a beautifully upgraded income-producing duplex in the heart of Lake Elsinore. This exceptional property offers flexibility, strong rental potential, and modern living—all within walking distance to downtown dining, shopping, and just moments from the lake. The front unit has been completely remodeled and features 3 bedrooms, 2.5 bathrooms, and approximately 1,500 square feet of thoughtfully updated living space. With its modern finishes and inviting layout. This unit currently rents the shed in back for additional income. The rear unit, built in 2023, offers 3 bedrooms and 2 bathrooms with approximately 1,300 square feet of contemporary living. Both units are in excellent condition and each includes its own private laundry room, separate gas and electric meters, and a sub-metered water meter, making this an ideal setup for owner-occupants or investors alike. Both units are currently rented, with the option for tenant-occupied or vacant delivery at close of escrow, offering flexibility to live in one and rent the other—or rent both and enjoy immediate income. Additional highlights include a shared driveway, well-maintained exteriors, and a prime downtown Lake Elsinore location that enhances long-term rental demand. Some reasons this is a great buy: Amazing rental opportunity, Live in one, rent the other—or rent both, Close to the lake and walkable to everything, Strong income potential in a growing area Please note: Photos have been digitally enhanced to remove tenants’ personal belongings for privacy and security. Don’t miss this rare opportunity to own a beautifully renovated, newer-construction duplex in one of Lake Elsinore’s most desirable locations. Schedule your private showing today and explore the income and lifestyle potential this exceptional property has to offer.
Great investment--Two homes on one oversized lot. Home #1 is a 2 bedroom, 1 bath home with family room, kitchen, and front room area, just under 700 sq ft of living space. Home #2 is 2 bedroom, 1 bath home with family room and kitchen area, just under 600 sq ft. Units need some TLC but has huge potential. Walking distance to downtown, parks, schools. One unit is currently listed. Long term tenant would like to stay. Both units can be turned over vacant, if buyer desires.
Exceptional 4-unit multifamily property (NEW CONSTRUCTION encopassing 2 diffrent and continious parcels) offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This new and well-maintained asset features a mix of spacious units, solid tenant history, and consistent cash flow, making it an excellent addition to any investment portfolio. Positioned in a desirable area with access to major amenities and transportation, the property offers upside through rent optimization and strategic improvements. With its reliable performance and very low-vacancy track record, these buildings are perfectly suited for 1031 exchange buyers seeking a secure a replacement property. Investors will appreciate the steady NOI, professional management options, and long-term value in a high-demand rental market. The property encompases a newly constructed two-story, four-unit residential building designed with modern comfort, efficiency, and style in mind. Each unit features an open-concept layout with abundant natural light, and contemporary finishes throughout. The building includes two units on the ground floor and two units on the second level, each offering private entrances for added convenience and privacy. Thoughtfully crafted with durable materials and energy-efficient systems, the property boasts sleek kitchens with quality cabinetry, spacious living areas, well-appointed bedrooms, indoor laundry area, and a stylish bathroom. Exterior highlights include clean architectural lines, fresh landscaping, and parking spaces for residents. A solid investment with upside for buyers looking to add value and capitalize on a classic multifamily asset in a desirable, well-positioned area.
Exceptional 3-unit multifamily property offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This well-maintained asset features a mix of spacious units, solid tenant history, and consistent cash flow, making it an excellent addition to any investment portfolio. Positioned in a desirable area with access to major amenities and transportation, the property offers upside through rent optimization and strategic improvements. The classic Craftsman style (3 separate unit buildings) offer character, functionality, and excellent long-term potential for investors or owner-occupants. Featuring well-proportioned units with original architectural details, the property blends vintage charm with practical living spaces. Each unit provides ample natural light, cozy layouts, and opportunities for thoughtful updates or value-add improvements. The buildings have been maintained over the years and offers steady rental income, with room to enhance returns through modernization or strategic renovations. Located in an established neighborhood close to amenities, transit, and employment hubs, this property appeals to tenants seeking affordability and character.
Duplex Investment Property that has no vacancy's it also has two separate electrical meters and one gas and water meters that are shared this is the ideal place to invest and watch your investment value grow over time. Submit your offers to day. Seller is very motivated. DO NOT DISTURB THE TENANTS, DRIVE BY ONLY. ALL INFORMATION IS DEEMED TO BE TRUE BUT NOT GUARANTED.
No HOA, Brand-New Contemporary 2 UNITS. The 2 units will be delivered with all permits from the City of Lake Elsinore. Notice the high ceilings. This stunning 4-bedroom, 2-bathroom primary residence is designed for comfort and modern living, offering an elegant open floor plan with high-quality finishes. For added versatility, the property includes a second unit, spacious Accessory Dwelling Unit (ADU) featuring 2 bedrooms and 1 bathroom, perfect for extended family or rental income potential. The entire property spans an impressive 2,369 sq. ft. of well-designed space. Additional highlights include: - Attached 2-car garage, and more extra parking, providing convenience and secure parking. - Prime location, situated near the 15 Freeway for easy commuting. - Close proximity to the lake, ideal for outdoor enthusiasts who enjoy nature, fishing, and recreational activities. A rare opportunity to own a brand-new home in a desirable location! Secure your future residence now and enjoy the benefits of modern construction and design.
Investor Special in Lake Elsinore! Rare opportunity to own a 3-unit multifamily property just one block from the town center, featuring lake views and situated on a large 17,000 sq. ft. lot. The property includes a 1BR/1BA unit, a studio, and a 2BR/1BA upper unit. When fully occupied, the property generates approximately $46000 + a year in rental income in current condition. 3 units are currently rented, one on a month-to-month basis and one with 4 months remaining on the lease. Hold to increase rental income or explore the development potential for more units or two separate building, ADU. Property is being sold as-is. Excellent location near downtown Lake Elsinore, schools, shopping, and easy freeway access. Great views of the Lake. Great opportunity for investors or developers looking to add value in a growing area!
Located in the heart of Lake Elsinore’s revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, café, professional office, or service business. Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return. Enjoy outstanding visibility and foot traffic thanks to the City’s ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements. Don’t miss this rare opportunity to invest in one of Southern California’s fastest-growing communities, where business meets lifestyle.
Strong rental potential just blocks from the lake! This single-story duplex offers a rare opportunity for investors or owner-occupants. The front unit features 3 bedrooms, 2 bathrooms (including a master suite), fireplace, private yard, in-unit laundry, central A/C, and an attached 2-car garage. The back unit includes 2 bedrooms, 1 bathroom, fireplace, private yard, laundry, and central A/C. Both units have separate gas/electric meters and independent A/C systems. Excellent layout for income generation or multigenerational living.
Lake Elsinore is located in California. 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.
