415 N Main, Lake Elsinore, CA 92530
415 N Main, Lake Elsinore, CA 92530
415 N Main, Lake Elsinore, CA 92530
415 N Main, Lake Elsinore, CA 92530
415 N Main, Lake Elsinore, CA 92530
415 N Main, Lake Elsinore, CA 92530
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Gloria Shepard

Gloria Shepard

+1(619) 889-8498
$ 1,299,999
Est. payment | /mo

8 Beds

4 Baths

0.31 Acres Lot

Save
$ 1,299,999
Est. payment | /mo
Save

8 Beds

4 Baths

0.31 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SW25277146

Bedrooms 8

Lot Size 0.310 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Exceptional 4-unit multifamily property (NEWER CONSTRUCTION encopassing 2 diffrent and continious parcels) offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This new and 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. With its reliable performance and very low-vacancy track record, these buildings are perfectly suited for 1031 exchange buyers seeking a secure a replacement property. Investors will appreciate the steady NOI, professional management options, and long-term value in a high-demand rental market. The property encompases a newly constructed two-story, four-unit residential building designed with modern comfort, efficiency, and style in mind. Each unit features an open-concept layout with abundant natural light, and contemporary finishes throughout. The building includes two units on the ground floor and two units on the second level, each offering private entrances for added convenience and privacy. Thoughtfully crafted with durable materials and energy-efficient systems, the property boasts sleek kitchens with quality cabinetry, spacious living areas, well-appointed bedrooms, indoor laundry area, and a stylish bathroom. Exterior highlights include clean architectural lines, fresh landscaping, and parking spaces for residents.

Location

State CA

County Riverside

Zoning Assessor

Direction On Main St.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 374063010

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

MLS Router / San Diego MLS
Listed by Jose Marin, DRE#01753895 Marin Realty Group 

NEARBY SCHOOL & BUSINESS

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Gloria Shepard

Gloria Shepard

CA DRE #01040966

+1(619) 889-8498

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415 N Main

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