18487 Grand, Lake Elsinore, CA 92530

$624,999
7
BD
4
BA

Listed by Christopher Metcalf, from Inland Valley Realty
(If provided) CoList: from

List Price
$624,999
MLS#
CRSW26213355
Status
ACTIVE
Levels
One Story
Bedrooms
7
Total Bathrooms
4
Full Bathrooms
4
Lot Size
35,719
Listing Area
Srcar - Southwest Riverside County
Year Built
1925

Property Description

Discover an exceptional multi-unit investment and development opportunity located at 18487 Grand Ave in Lake Elsinore. Offered at $624,999, this unique property sits on over 3 acres of beautiful, development-ready land, presenting a rare blend of immediate rental income potential and expansive space to realize a grander vision. This versatile property features four total income-producing units, providing a highly desirable mix for seasoned investors or those looking to offset their mortgage. The residential layout includes two one-bedroom, one-bathroom units, a comfortable two-bedroom, one-bathroom unit, and a spacious three-bedroom, two-bathroom home. This flexible arrangement is perfect for generating multiple streams of cash flow or accommodating multi-generational living. Nestled in a great central location, the sprawling three-plus acre lot serves as the perfect canvas to build your dream home or expand your real estate portfolio. Residents will enjoy stunning, panoramic mountain views and a peaceful atmosphere while remaining conveniently close to local shopping, dining, and community amenities. Whether you are looking for a cash-flowing asset or the perfect site to make your development dreams come true acre by acre, this property delivers unbeatable value and potent

Additional Information

Acres
0.82
Cooling System
None
Fence
Chain Link
Fireplace Description
None
Garage Parking
RV Possible, Drive Through, RV Access, Other
Heating System
Central Forced Air
Horse Property Desc
Unimproved
Horses
Yes
Laundry Facilities
In Laundry Room
Levels
One Story
Lot Description
Farm Animals (Permitted)
Lot Size
35,719
Neighborhood
Srcar - Southwest Riverside County
Other Rooms
Bonus / Hobby Room
Pool Description
None
Roof
Composition
Unincorporated Yn
Yes
View
Hills

Mortgage Calculator

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Calculator source: Real Geeks

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