120 W Heald Avenue, Lake Elsinore, CA 92530
Commercial property · 2 recorded sales since 2019
Sold September 2019
Listing Agent: Jason Graham (DRE #01766858) · Listing Office: Coldwell Banker Assoc Brkr-SC · Contact: 951-679-8844 · Bought with: SUSANA FRANCO · COLDWELL BANKER ASSOC BRKR/MEN · MLS #SW19104647 · Source: CRMLS
6,300
Building Sq Ft
14
Units
7.50%
Cap Rate
$100,716
NOI
18,606 sqft
Lot Size
C1
Zoning
Commercial property
Type
About this commercial property
Great investment opportunity! 14 units, fully occupied & has a waiting list according to the seller. Property is within walking distance to many stores & restaurants. Motivated seller-Make an offer! Great income, 7.5% CAP Rate. Please do not disturb tenants.
Listing description from the September 2019 sale, as reported to CRMLS.
Sale history
$1,200,000
Sold September 2019 · listed $1,342,000, orig. $1,340,000, on market May 2019 · MLS #SW19104647 · Source: CRMLS
Listing Agent: Jason Graham · Listing Office: Coldwell Banker Assoc Brkr-SC · Contact: 951-679-8844 · Bought with: SUSANA FRANCO · COLDWELL BANKER ASSOC BRKR/MEN
$1,200,000
Sold September 2019 · listed $1,290,000, orig. $1,342,000, on market May 2019 · MLS #SW19106947 · Source: CRMLS
Listing Agent: Jason Graham · Listing Office: Coldwell Banker Assoc Brkr-SC · Contact: 951-679-8844 · Bought with: SUSANA FRANCO · COLDWELL BANKER ASSOC BRKR/MEN