Property · 2 recorded sales since 2018
Listing Agent: Alyssa Wichterman (DRE #01766342) · Listing Office: Allison James Estates & Homes · Contact: 888-446-5552 · Bought with: Alyssa Wichterman · Allison James Estates & Homes · MLS #SW18128133 · Source: CRMLS
Immediate Income Potential Opportunity. CAP RATE of 5.79%. Beautifully fully remodeled Home Income Complex. TWO SEPARATE METERS. R3 ZONE. You can build a third Unit for Extra Income!! Two units, plus a detached garage with separate door. Huge Lot 8712 SF. Two minute walk to downtown Lake Elsinore. Inside Unit #1 (1,243 SF) you will find a spacious kitchen with breakfast nook, living room, 2 BED/2 FULL BATHS, laundry room. Brand new appliances, laminate floors, pristine light fixtures and granite counter tops. Unit #2 (872 SF) has been fully renovated as well 1B/1 FULL BATH. Low taxes no HOA. Property is centrally located in Lake Elsinore close to shops, schools, restaurants, and freeways.
Listing description from the September 2018 sale, as reported to CRMLS.