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    Lake Elsinore, CA Apartment Buildings for Sale

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    Wildomar, CA Perris, CA Canyon Lake, CA
    Townhome-Style Multifamily Investment
    $4,000,000
    14,500 SF

    Townhome-Style Multifamily Investment

    16459 Joy Street, Lake Elsinore, CA 92530

    10-unit multifamily property with three-bedroom layouts, private patios, and in-unit laundry hookups in a convenient Lake Elsinore setting.

    • 10‑unit multifamily property in Lake Elsinore, CA
    • 1984 construction with central air and central heat
    • Townhome‑style units with private patios and in‑unit laundry hookups
    • Private two‑car garages and driveways, plus carport parking on some units
    • Two units are currently vacant
    Updated: Jun 2
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    Lake Elsinore Multifamily Investment
    $4,000,000

    Lake Elsinore Multifamily Investment

    16459 Joy St, Lake Elsinore, CA 92530

    10-unit property with renovation potential near Lake Elsinore.

    • Ten spacious three‑bedroom townhome‑style units.
    • Premium amenities including central air and heat, private patios, and in‑unit laundry hookups.
    • Private two‑car garages and driveways for each unit; some units also have a carport.
    • Walking distance to Machado Elementary School and proximate to Lakeside High School.
    • Convenient access to local retailers, restaurants, and grocers via Riverside Drive.
    Updated: Apr 15
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Elsinore, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Victorian Multifamily Property in Corona
    $1,189,000
    13,068.00 Acres

    Victorian Multifamily Property in Corona

    Unique six-unit Victorian multifamily property in Corona, California.

    1153 E Grand, Corona, CA 92879
    View details
    Perris Multifamily Property with Development Potential
    $1,250,000
    5,895 SF

    Perris Multifamily Property with Development Potential

    1.1 acre lot with 5 units, pool, and development potential.

    4439 Wade Avenue, Perris, CA 92571
    View details
    Light-Industrial Zoned Multifamily Property
    $1,250,000
    6,150 SF

    Light-Industrial Zoned Multifamily Property

    1.1-acre light-industrial zoned parcel with five existing units.

    4439 Wade Avenue, Perris, CA 92571
    View details
    Victorian Multifamily Property in Corona
    $1,189,000

    Victorian Multifamily Property in Corona

    Six-unit multifamily property with income-generating potential in Corona, California.

    1153 E Grand, Corona, CA 92879
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    San Jacinto Land with Utilities
    $155,000
    14,375.00 Acres

    San Jacinto Land with Utilities

    Unique lot with utilities available for multiple residential uses.

    0 Rosario, San Jacinto, CA 92583
    View details
    El Monte Development Opportunity
    $515,000
    7,422.00 Acres

    El Monte Development Opportunity

    R3-zoned lot ideal for multi-family residential development.

    2509 Floradale Avenue, El Monte, CA 91732
    View details
    Ready-to-Issue Affordable Housing Project
    $1,800,000
    0.26 Acres

    Ready-to-Issue Affordable Housing Project

    78-unit affordable housing project near Dodger Stadium and Mount Washington.

    3526 Arroyo Seco Ave, Los Angeles, CA 90065
    View details
    Development Opportunity with DTLA Views
    $799,000
    9,746.00 Acres

    Development Opportunity with DTLA Views

    Land with potential for up to 23 units.

    700 Lookout Dr, Los Angeles, CA 90012
    View details

    Off-Market Properties in Lake Elsinore, CA

    Consider similar Off-Market properties in Lake Elsinore, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    16460 Joy St
    APARTMENT HOUSE (5+ UNITS)
    34,884 SF Lot: 3.10 Acres
    Estimated value
    $6,855,000

    16460 Joy St, Lake Elsinore, CA 92530-7970

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    801 Graham Ave
    APARTMENT HOUSE (5+ UNITS)
    3,146 SF Lot: 0.33 Acres
    Estimated value
    $530,000

    801 Graham Ave, Lake Elsinore, CA 92530-3417

    View details
    215 Prospect St
    APARTMENT HOUSE (5+ UNITS)
    835 SF Lot: 0.22 Acres
    Value Estimation by Request

    215 Prospect St, Lake Elsinore, CA 92530-4173

    View details
    126 Heald Ave
    APARTMENT HOUSE (5+ UNITS)
    4,950 SF Lot: 0.35 Acres
    Estimated value
    $1,385,000

    126 Heald Ave, Lake Elsinore, CA 92530-4031

    View details
    137 Graham Ave
    APARTMENT HOUSE (5+ UNITS)
    1,178 SF Lot: 0.35 Acres
    Estimated value
    $750,000

    137 Graham Ave, Lake Elsinore, CA 92530-4178

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    313 Main St
    APARTMENT HOUSE (5+ UNITS)
    449 SF Lot: 0.39 Acres
    Value Estimation by Request

    313 Main St, Lake Elsinore, CA 92530-3975

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    304 Spg St
    APARTMENT HOUSE (5+ UNITS)
    760 SF Lot: 0.31 Acres
    Estimated value
    $1,250,000

    304 Spg St, Lake Elsinore, CA 92530-4207

    View details
    208 Riley St
    APARTMENT HOUSE (5+ UNITS)
    3,583 SF Lot: 0.39 Acres
    Estimated value
    $760,000

    208 Riley St, Lake Elsinore, CA 92530-3710

    View details
    16459 Joy St
    APARTMENT HOUSE (5+ UNITS)
    1,090 SF Lot: 0.60 Acres

    16459 Joy St, Lake Elsinore, CA 92530-7930

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    121 Spg St
    APARTMENT HOUSE (5+ UNITS)
    1,285 SF Lot: 0.34 Acres
    Estimated value
    $1,300,000

    121 Spg St, Lake Elsinore, CA 92530-4137

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    117 Lowell St
    APARTMENT HOUSE (5+ UNITS)
    1,280 SF Lot: 0.14 Acres
    Estimated value
    $735,000

    117 Lowell St, Lake Elsinore, CA 92530-3507

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    138 Graham Ave
    APARTMENT HOUSE (5+ UNITS)
    6,767 SF Lot: 0.42 Acres
    Estimated value
    $1,150,000

    138 Graham Ave, Lake Elsinore, CA 92530-4190

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    124 Prospect St
    APARTMENT HOUSE (5+ UNITS)
    2,324 SF Lot: 0.22 Acres
    Value Estimation by Request

    124 Prospect St, Lake Elsinore, CA 92530-4156

    View details
    120 Prospect St
    APARTMENT HOUSE (5+ UNITS)
    3,216 SF Lot: 0.21 Acres
    Value Estimation by Request

    120 Prospect St, Lake Elsinore, CA 92530

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    412 Kellogg St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,416 SF Lot: 2.58 Acres
    Estimated value
    $1,110,000

    412 Kellogg St, Lake Elsinore, CA 92530-3524

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    17738 Grand Ave
    APARTMENT HOUSE (5+ UNITS)
    432 SF Lot: 2.07 Acres
    Value Estimation by Request

    17738 Grand Ave, Lake Elsinore, CA 92530-6023

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    501 Graham Ave
    APARTMENT HOUSE (5+ UNITS)
    696 SF Lot: 0.37 Acres
    Estimated value
    $1,505,000

    501 Graham Ave, Lake Elsinore, CA 92530-3609

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    2088 Lakeshore Dr
    APARTMENT HOUSE (100+ UNITS)
    17,096 SF Lot: 7.14 Acres
    Value Estimation by Request

    2088 Lakeshore Dr, Lake Elsinore, CA 92530-4480

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    15177 Lincoln St
    APARTMENT HOUSE (5+ UNITS)
    2,552 SF Lot: 3.53 Acres
    Estimated value
    $960,000

    15177 Lincoln St, Lake Elsinore, CA 92530-5267

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    15162 Grand Ave
    APARTMENT HOUSE (100+ UNITS)
    12,974 SF Lot: 4.48 Acres
    Estimated value
    $575,000

    15162 Grand Ave, Lake Elsinore, CA 92530-5491

    View details
    111 Lindsay St
    APARTMENT HOUSE (5+ UNITS)
    2,310 SF Lot: 0.20 Acres
    Value Estimation by Request

    111 Lindsay St, Lake Elsinore, CA 92530-3607

    View details
    33078 Adelfa St
    APARTMENT HOUSE (5+ UNITS)
    3,167 SF Lot: 0.27 Acres
    Estimated value
    $1,035,000

    33078 Adelfa St, Lake Elsinore, CA 92530-5754

    View details

    Lake Elsinore, CA Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Lake Elsinore, CA on our real estate platform. These investment opportunities span a total of 14,500 square feet of properties for sale, with an estimated market value of $4,000,000.

    Sale prices for two-family homes in Lake Elsinore, CA start at $4,000,000, averaging $4,000,000, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Lake Elsinore fall within the 100,000+ square foot range.

    Demographics Overview

    Population 88K
    Population Growth (5Y) +7.4%
    Median Household Income $93,135
    College Educated 20.9%

    High-Yield Neighborhoods for Investment

    Identify Lake Elsinore submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    92530 $4M

    Taxes & Financing

    Tax Rate (average for all types) 1.06%
    Property Tax per SF $13.44 per sq ft
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

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