$5,280,000

16465 Joy Street

Lake Elsinore CA, 92530

Description

The Northshore Apartments is a 32 unit 32,665 square foot apartment building situated on a 1.41 acre lot with a central courtyard and pool. The unit mix consists of (27) 2-bedroom, 2-bathroom units, and (5) 1-bedroom, 1-bathroom units that are individually metered for gas and electric utilities, landlord is responsible for water, sewer, and trash. The apartments are spacious and in high rental demand. There is a gated parking lot with 40 surface spaces and numerous carports. There are onsite laundry facilities at the property. This property is being sold as a portfolio with the adjacent 10 unit building at 16459 Joy Street, Lake Elsinore, CA. The must be sold together.

Details

MLS#CV20008825
Listing TypeFor Sale
Sub-TypeResale
StatusPending - Show
Year1979
Days On Site140

Features

SQ Feet32,655
Units32
Building(s)1

Market Activity 92530

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Area Information

StateCA
CountyRiverside
CityLake Elsinore
Zip Code92530
AreaSRCAR - Southwest Riverside County
Listing VS Median (in 92530)
Price:
$5,280,000
low | high
Med:
$249,750
100% of Average
SqFt:
32,655
low | high
Med:
954
100% of Average
$ / SqFt:
$162
low | high
Med:
$269
16.65405128875% of Average
On Site:
140
low | high
Med:
84.500000
100% of Average
Listing Updated: 06/01/2020
MLS Number: CV20008825
Listing Provided By:
TIM STEUERNOL  of  NAI CAPITAL INC.
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