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17785 Grand Avenue , A# B#

Lake Elsinore, CA 92530
  • $444,000
  • STATUS: Active
  • ON SITE: 28 Days
  • ID#: SW25021257
UPDATED: 62 min ago
$444,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Wendy Mcgowan of Century 21 Masters (888-862-1194)


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.---

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T22:34:25.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160527203
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17785 Grand Avenue , A# B# Lake Elsinore, CA 92530

  • Price: $444,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 62 min ago
  • ID#: SW25021257
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1947
Built
Neighborhood:
699 - Not Defined
County:
Riverside
Area:
699 - Not Defined
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.---
Exterior Features

Architectural Style Bungalow Carport Spaces 0 Construction Materials FrameStucco Entry Level 1 Entry Location living room Fencing Wood Foundation Details Slab Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 2 Parking Features Driveway LevelOn SiteUncoveredUnpaved Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Appliances Gas RangeGas Water Heater Common Walls 1 Common Wall Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Tile Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Lake Current Financing None Electric Electricity - On Property Fuel Expense 893 Garage YN No Gross Income 0 Gross Scheduled Income 27000 Inclusions Resin storage shed in Unit B yard Insurance Expense 721 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashFHASubmitVA Loan Net Operating Income 20365 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 1 Operating Expense 6635 Possession Negotiable Property Condition Repairs Cosmetic Property Sub Type Duplex Rent Control YN Yes Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays Electricity Trash Expense 891 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1439 Water Source Public Zoning C-1/C-P



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T22:34:25.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Wendy Mcgowan of Century 21 Masters (888-862-1194)