Description
Investment opportunity - remodeled bungalow duplex in the unincorporated area of lake elsinore known for extreme sports and outdoor activities. each unit features one bedroom and one full bathroom. the extra large living room (with characteristic arched windows) sits next to a rare separate dining room. each unit has a 1-car garage and and 2 additional covered spaces . all systems have been upgraded in both units with new kitchens, new windows, and new ductless heater & air conditioning while maintaining the original charm of hardwood flooring and vintage bathrooms. each unit has 775 square feet of living area with a breezeway between the two units. also included is a rare separate indoor laundry room in each unit. the neighborhood is rural in appeal but is less than 2 miles from all restaurants and shopping. the area is a popular destination for paragliding, dirt biking, hiking, as well as boating, waterskiing, fishing, and other watersports. the new lake elsinore marina and rv resort area features modern amenities, including yurt rentals for tourists. this property is well suited to take advantage of the growing area and pent-up demand for residential rentals.
Property Type
Residential IncomeCounty
RiversideStyle
Residential IncomeAD ID
48675891
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Septic Tank
Interior Features
- Fireplace: None
- Flooring: Tile,Wood
Cooling Features
- Ductless
- Air Conditioning
Heating Source
- Ductless
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1930
- Building Area Total: 1,551
Pool Features
- None
Laundry Features
- Laundry Room
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1141
- Lot Size Source: Assessor
- Lot Size Square Feet: 4972
-
Listing Information
Listing Price Information
- Original List Price: 489,000
- Listing Contract Date: 2025-02-19
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 375283036
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: SRCAR - Southwest Riverside County
- Directions: Near Corner of Palm Drive & Ryan Lane
- Zoning: R2
- Source Property Type: Residential Income
- Area: SRCAR - Southwest Riverside County
- Property SubType: Duplex
Building and Construction
- Property Age: 95
- Common Walls: No Common Walls
- Structure Type: Duplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Side
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BuyOwner last updated this listing 02/22/2025 @ 21:28
- MLS: IV25037627
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 1 bedrooms which is for sale, it has 1,551 sqft, 4,972 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Lake Elsinore , in zip code 92530, this Riverside County Home are nearby neighborhoods.