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Listed by Jose Marin • Marin Realty Group
$ 880,000
Est. payment /mo
Active
411 N Main Lake Elsinore, CA 92530
6,263 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 6,263 sqft
Price per Sqft $140
MLS Listing ID CRSW25271898
HOA Y/N No
Year Built 2024
Lot Size 0.310 Acres
Property Sub-Type OTHER
Source Datashare California Regional
Property Description
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.
Location
State CA
County Riverside
Interior
Heating None
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside
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