Lake Elsinore, CA 92530,176 Olive St
Lake Elsinore, CA 92530,176 Olive St
Lake Elsinore, CA 92530,176 Olive St
Lake Elsinore, CA 92530,176 Olive St
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Yousuf Hussain

Yousuf Hussain

+1(858) 800-4595
$ 575,000
Est. payment | /mo

4 Beds

3 Baths

0.4 Acres Lot

Save Virtual Tour
$ 575,000
Est. payment | /mo
Save Virtual Tour

4 Beds

3 Baths

0.4 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 250042311

Bedrooms 4

Full Baths 3

Year Built 1924

Lot Size 0.400 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Investor Special in Lake Elsinore! Rare opportunity to own a 3-unit multifamily property just one block from the town center, featuring lake views and situated on a large 17,000 sq. ft. lot. The property includes a 1BR/1BA unit, a studio, and a 2BR/1BA upper unit. When fully occupied, the property generates approximately $46000 + a year in rental income in current condition. 3 units are currently rented, one on a month-to-month basis and one with 4 months remaining on the lease. Hold to increase rental income or explore the development potential for more units or two separate building, ADU. Property is being sold as-is. Excellent location near downtown Lake Elsinore, schools, shopping, and easy freeway access. Great views of the Lake. Great opportunity for investors or developers looking to add value in a growing area!

Location

State CA

County Riverside

Zoning R3

Direction Use Google maps.

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Rolled/Hot Mop

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 373-152-009

Acceptable Financing Other/Remarks

Listing Terms Other/Remarks

Virtual Tour https://www.propertypanorama.com/instaview/snd/250042311

MLS Router / San Diego MLS
Listed by Summer Rampersad Colleen K. Cotter

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 7
  • 8

    Tuscany Hills Elementary School

    Public | KG - 5

  • 5

    Earl Warren Elementary School

    Public | KG - 5

  • 4

    Railroad Canyon Elementary School

    Public | KG - 5

  • 1

    Elsinore Elementary School

    Public | KG - 5

  • 1

    Lakeland Village

    Public | KG - 8

  • 0

    Lakeland Children's Center

    Private | PK - KG

  • 0

    Southern California Online Academy

    Public | KG - 12

Middle Schools 1
  • 3

    Elsinore Middle School

    Public | 6 - 8

High Schools 3
  • 6

    Temescal Canyon High School

    Public | 9 - 12

  • 1

    Keith Mccarthy Academy

    Public | 9 - 12

  • 0

    Ortega High School

    Public | 9 - 12

School and business data provided by Attom Data.
Yousuf Hussain

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 800-4595

yo@soldwithyo.com

2535 Camino Del Rio S Suite 240, San Diego, CA, 92108, USA

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176 Olive St