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411 N Main

Lake Elsinore, CA 92530
  • $880,000
  • STATUS: Active
  • ON SITE: 97 Days
  • ID#: SW25271898
$880,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Jose Marin of Marin Realty Group (951-657-4400)


Description

Exceptional 3-unit multifamily property offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This well-maintained asset features a mix of spacious units, solid tenant history, and consistent cash flow, making it an excellent addition to any investment portfolio. Positioned in a desirable area with access to major amenities and transportation, the property offers upside through rent optimization and strategic improvements.The classic Craftsman style (3 separate unit buildings) offer character, functionality, and excellent long-term potential for investors or owner-occupants. Featuring well-proportioned units with original architectural details, the property blends vintage charm with practical living spaces. Each unit provides ample natural light, cozy layouts, and opportunities for thoughtful updates or value-add improvements.The buildings have been maintained over the years and offers steady rental income, with room to enhance returns through modernization or strategic renovations. Located in an established neighborhood close to amenities, transit, and employment hubs, this property appeals to tenants seeking affordability and character.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-16T00:26:03.207. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171225523
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411 N Main Lake Elsinore, CA 92530

  • Price: $880,000
  • Status: Active
  • On Site: 97 Days
  • ID#: SW25271898
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1923
Built
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
Property Description
Exceptional 3-unit multifamily property offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This well-maintained asset features a mix of spacious units, solid tenant history, and consistent cash flow, making it an excellent addition to any investment portfolio. Positioned in a desirable area with access to major amenities and transportation, the property offers upside through rent optimization and strategic improvements.The classic Craftsman style (3 separate unit buildings) offer character, functionality, and excellent long-term potential for investors or owner-occupants. Featuring well-proportioned units with original architectural details, the property blends vintage charm with practical living spaces. Each unit provides ample natural light, cozy layouts, and opportunities for thoughtful updates or value-add improvements.The buildings have been maintained over the years and offers steady rental income, with room to enhance returns through modernization or strategic renovations. Located in an established neighborhood close to amenities, transit, and employment hubs, this property appeals to tenants seeking affordability and character.
Exterior Features

Architectural Style BungalowCottage Entry Level 1 Entry Location 1 Foundation Details RaisedSlab Number Of Separate Electric Meters 2 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Roof Shingle

Interior Features

Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating None Heating YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Suburban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 70620 Gross Scheduled Income 70620 Insurance Expense 3500 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash1031 Exchange Net Operating Income 59020 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 7 Operating Expense 11600 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 2400 Water Sewer Expense 2100 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-16T00:26:03.207. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Jose Marin of Marin Realty Group (951-657-4400)