15159 Joy Street, Lake Elsinore, CA 92530
Duplex · 2 recorded sales since 2021
Sold October 2021
Listing Agent: Erika Orr (DRE #00624081) · Listing Office: Better Homes and Gardens Real Estate Champions · Contact: 951-565-8105 · Bought with: Efrain Orozco · Investment One · MLS #IG21183733 · Source: CRMLS
About this duplex
DUPLEX! Don't miss out on a great opportunity to live in one unit and rent the other to help with the mortgage payments. Two great units in this Duplex. Unit A has 2 BRs and 1 BA; Unit B has 3 BRs and 1 BA. Each tenant has been living there for about 10-12 years. The rents are a little less than the area average. Unit A pays $850 and Unit B pays $1,000 / month. Each unit has their separate electric and gas meter, tenants pay their own gas and electric bills. Seller pays for water and trash and gardener. The Seller has a copy of a Conventional "AS IS" Appraisal for this property from a previous Escrow, the Buyers failed to perform. The appraisal is dated 6-29-21 for $460,000. The Seller has completed a lot of repairs since the appraisal was done and still in the process of doing some repairs scheduled to be completed in the couple of weeks: The garage doors will be replaced, electrical safety repairs will be done and the termite work completed. This property is also being cross-listed under Residential IG21181926. This DUPLEX is across the street from Machado Elementary School and it's close to Lake Elsinore and the 15 Frwy.
Listing description from the October 2021 sale, as reported to CRMLS.
Sale history
