$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
StatusActive Under Contract
Year1979
Days On Site320

Features

SQ Feet32,655
Units32
Building(s)1

Market Activity 92530

Loading Form
Loading Form
Area Information
StateCA
CountyRiverside
CityLake Elsinore
Zip Code92530
AreaSRCAR - Southwest Riverside County
Listing VS Median (in 92530)
Price:
$5,280,000
low | high
Med:
$159,000
100% of Average
SqFt:
32,655
low | high
Med:
0
100% of Average
$ / SqFt:
$162
low | high
Med:
$0
100% of Average
On Site:
320
low | high
Med:
566
56.537102473498% of Average
Listing Updated: November 27, 2020 10:40:29 PM PST
TIM STEUERNOL LogoMLS Number: CV20008825
Listing Provided By:
TIM STEUERNOL  of  NAI CAPITAL INC.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
Real Estate Links Our Domains