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117 N Lowell

Lake Elsinore, CA 92530
  • $728,000
  • STATUS: ACTIVE
  • ON SITE: 164 Days
  • ID#: 220029816
UPDATED: 90 min ago
$728,000
  • 4
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Description

Amazing opportunity in prime Lake Elsinore location! This property has potential for any buyers looking for a great investment property. The fourth unit just got rented so all completed units are rented now. The 5th unit (converted ADU) needs some work to get it up to code as well as some general cleaning up. This is a great opportunity to bring in more income.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.teamforss.com/homes/135476460
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117 N Lowell Lake Elsinore, CA 92530

  • Price: $728,000
  • Status: ACTIVE
  • On Site: 164 Days
  • Updated: 90 min ago
  • ID#: 220029816
4
Beds
4
Baths
0
½ Baths
N/A
Acres
1948
Built
Neighborhood:
Lake Elsinore
County:
Riverside
Area:
Riv Cty-Lake Elsinore (92530)
Property Description
Amazing opportunity in prime Lake Elsinore location! This property has potential for any buyers looking for a great investment property. The fourth unit just got rented so all completed units are rented now. The 5th unit (converted ADU) needs some work to get it up to code as well as some general cleaning up. This is a great opportunity to bring in more income.
Exterior Features

Exterior Stucco Fencing N/K Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 0

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0 Water Heater Type Other/Remarks

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community Out Of Area Complex Park 0 Cross Streets W Heald Ave Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 0 Mandatory Remarks None Known Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays N/K Terms CashConventionalOther/Remarks Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 1300.0 Unit1 Rent Actual 1000.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 1300.0 Unit2 Rent Actual 1000.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Projected Rent 1300 Unit3 Rent Actual 1000.0 Unit4 Deposit 0 Unit4 Occupied Vacant Unit4 Rent Actual 0.0

San Diego MLS logo Listing provided courtesy of Sean Walsh of Homesmart Realty West: 858-449-4007. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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