801 W Graham Avenue 1-5 , Lake Elsinore, CA 92530
Lake Elsinore, CA 92530
Description
Fantastic income opportunity in the thriving city of Lake Elsinore! This property includes 5 brand-new units across 3 buildingsone fully detached and two pairs of attached condos. The detached unit is 1,983 sq ft (Unit #5) and the attached units are identical floor plans and are each 1,573 sq ft (Units 1-4). You can live in one unit and rent out the remaining four. Each home is designed with a primary ensuite, luxury vinyl tile, quartz countertops plus open lofts. The primary bathrooms all feature a free standing soaking tub plus a walk-in shower. Each home has custom window blinds installed. The open-concept layout seamlessly connects the kitchen, living room, and dining area. The detached unit includes a large kitchen island and a balcony off the primary bedroom. Plus, the solar system is fully owned and paid for. Positioned on a corner lot, the property offers two separate access points. Each unit can be purchased separately-attached units #1-4 for $450,000 each and detached unit #5 for $500,000. Montly HOA fees are Units #1-4 at $313.02 each and Unit#5 $355.47. Just one block from Elm Grove Beach and the stunning 3,000-acre natural lake, you'll be close to endless recreational activities. Enjoy a game with the Lake Elsinore Storm, a Minor League Baseball team affiliated with the San Diego Padres. Whether it's skydiving, hang-gliding, baseball, golf, off-road racing, motocross, fishing, boating, jet skiing, water skiing, paintball, or skateboardingLake Elsinore has it all. Low taxes and no Mello-Roos. Photos are of Unit #5 and Unit #4.
Details
| Mls | IG24178554 |
|---|---|
| Listing Type | For Sale |
| Style | Con |
| Suite Number | 1 |
| Hoadues | $1,607 |
| Subtype | New Construction |
| Status | Active |
| Year | 2023 |
| Days On Site | 73 |
| Listing Provided By | Sandee Hwang-Smith, Broker 909-287-9629 | Sandee Hwang-Smith |
Features
| Sq Feet | 8,275 |
|---|---|
| Garage | 6 |
| Storys | 2 |
| Units | 5 |
| Buildings | 3 |
| Zoning | C1 |
| Acreage | 0.33 |
| Water Front | Yes |
| Property View | Yes |
Market Activity 92530
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Lake Elsinore |
| Zip Code | 92530 |
| Area | SRCAR Southwest Riverside County |
| Listing VS Median (in 92530) | |
Price: $2,300,000 low | high Med: $565,495 SqFt: 8,275 low | high Med: 1,591 $ / SqFt: $278 low | high Med: $359 On Site: 73 low | high Med: 161.000000 | |
