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Listing 7 out of 7
$699,000 For Sale

804 E Lakeshore Drive
Lake Elsinore, CA 92530

2 units | Multi Family Home
1.38 acres - MLS# IV17167212
Property Photo
1/9

Description

***Seller Motivated******Attention all investors!! Come check out these properties. There are 2 detached unit homes on one property. The other 2 lots are vacant which once had homes on them. One unit has 3 bedrooms, 1 bathroom. The other unit is a 1 bedroom, 1 bathroom. Each unit has it's own laundry and separate meters. The lots are already set with gas, water, and electricity.This sale is for the 3 APN's 373-270-005, 373-270-006, and 373-270-007. Over 3 acres!! You can add more units or tear down and build new. Great location by the lake, lots of potential!!! Physical address is 804, assessor data shows address as 816 E. Lakeshore Dr. SELLER WILLING TO CARRY WITH BIG DOWN, CALL FOR MORE INFO.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92530
  • Year Built: 1946
  • Stories: One
  • Units: 2 units
  • Lot Size: 1.38 acres
  • Zoning: C1
  • Area: SRCAR - Southwest Riverside County
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1225.00
  • Building Area Units: Square Feet
  • Community Features: Suburban
  • Country: US
  • Directions: Lakeshore Dr
  • Gross Income: 20400.00
  • Gross Scheduled Income: 20400.00
  • Laundry Features: Gas & Electric Dryer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 01404518
  • Lot Features: Lot Over 40000 Sqft, Value In Land
  • Lot Size Area: 60113.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 17400.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number With Range: 2
  • Operating Expense: 3000.00
  • Road Surface Type: Paved
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Sewer: Other
  • Stories Total: 1
  • Total Expenses: 3000.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Blue Diamond Realty, Priscilla Alkins-Tejeda

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Scott Gormley | Associate Broker BRE# 01439705 | Phone: 951-445-3420 

 

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