801 W Graham Avenue 1-5

Lake Elsinore, CA 92530

About this property

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.

About this property

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.

Features and Additional Information

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$2,300,000 Active
8,275 SQFT

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Sandee Hwang-Smith, Broker 909-287-9629
1-909-287-9629
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Area Information

SRCAR Southwest Riverside County | Riverside County |

$ 2,300,000
This listing is play_arrow 305.3% higher than the average in the area
$ 567,500 in the area
8,275 SqFt
This listing is play_arrow 367.8% larger than the average in the area
1,769 SqFt in the area
$ 278 $/SqFt
This listing is play_arrow 13.4% less than the average in the area
$ 321 $/SqFt in the area
83 days on site
This listing is play_arrow 53.7% above the average in the area
54 days on site in the area

Schools in the Area

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Listed By Sandee Hwang-Smith
Brokerage: Sandee Hwang-Smith, Broker 909-287-9629

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