33384 Adelfa Street, Lake Elsinore, CA 92530

$438,000
1,152
SqFt

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List Price
$438,000
Price Change
▲ $10,000 1774720223
Status
ACTIVE
MLS#
IV-26023151
Year Built
1951
Living Sq. Ft
1,152
Lot Size
9,583
Days on Market
42
Property Type
Multifamily
Stories
1

Property Description

Well maintained Lake Elsinore duplex offering strong income with upside, featuring two 1 bedroom, 1 bathroom units. The upper unit is tenant occupied and stabilized at $1,400 per month and enjoys lake views, while the lower unit is vacant, recently updated with fresh paint, newer appliances, and updated kitchen cabinetry, and can achieve an estimated rent of $1,500 per month. The lower unit also includes a rare 2 car detached garage, adding significant rental appeal. Ideal for investors or owner occupants seeking immediate cash flow in a convenient Lake Elsinore location near shopping, dining, and freeway access. Detached 2 car garage offers potential ADU conversion, buyer to verify zoning, permits, and feasibility with the City of Lake Elsinore. Property also includes a detached storage structure that is part of the property and provides additional usable space.

Additional Information

Land Lease Type
Fee
Appliances
Gas Range, Water Heater, Disposal
Fireplace Description
None
View
Bluff, Lake, Mountain(s)
Parking
Garage, Garage - Single Door, Garage Faces Front
Garage Spaces Total
2

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Calculator source: Real Geeks

Listing courtesy of OFFERCITY HOMES.