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16459 Joy Street, Lake Elsinore, CA, 92530
10-Unit Multifamily Property

16459 Joy Street Lake Elsinore, CA 92530

For Sale
$4,000,000

COMMERCIAL - Lake Elsinore, CA

Lot Size0.60 Acres
Days on Market52

Property Features for 16459 Joy Street

General Information

Property type
Commercial Sale
Property subtype
Other
Bedrooms
30
Bathrooms
30
Rooms
Bedroom 4, Bathroom 3, Bedroom 18, Bedroom 3, Bathroom 14, Bedroom 9, Bathroom 10, Bedroom 19, Bedroom 7, Bathroom 7, Bedroom 16, Bathroom 19, Bathroom 20, Bathroom 28, Bathroom 29, Bedroom 22, Bedroom 29, Bathroom 17, Bedroom 2, Bathroom 24, Bathroom 16, Laundry Room, Bathroom 12, Bedroom 28, Bathroom 5, Bedroom 17, Bedroom 26, Bedroom 25, Bathroom 1, Bathroom 27, Bedroom 5, Bedroom 10, Bathroom 26, Bathroom 22, Bathroom 9, Bathroom 4, Bedroom 8, Bathroom 6, Bedroom 12, Bedroom 15, Bedroom 14, Bedroom 13, Bathroom 13, Bedroom 24, Bathroom 2, Bathroom 23, Bedroom 30, Bedroom 27, Bedroom 23, Bedroom 20, Bedroom 1, Bathroom 18, Bathroom 8, Bedroom 6, Bedroom 21, Bathroom 11, Bathroom 25, Bathroom 15, Bathroom 30, Bedroom 11, Bathroom 21
Parking
20
Parking features
Garage, Carport, Driveway
Standard status
Active
APN
379132006
Lot size
0.60 Acres

Utilities

Sewer type
Public Sewer
Heating system
Central
Water source
Public

Building Details

Year built
1984
Floors in Building
2
Number of units
10
Listing Agency: IRN Realty
Listed By: Vince Kwon · License #01778421
Added: Jun 2 Changed: Jul 21 Last Checked: Jul 23 at 1:06PM
MLS# TR26120102

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

16459 Joy Street is a 10-unit multifamily property with three-bedroom townhome-style layouts. The units are described as having central air and heat, private patios, and in-unit laundry hookup. Residents also have private two-car garages and driveways, and some units include carports. Two units are currently vacant.

The property is located in Lake Elsinore, near the scenic waterfront. Public remarks state it is within walking distance of Machado Elementary School and proximate to Lakeside High School, with access to local retailers, restaurants, and grocers via Riverside Drive. Interstate 15 is noted as providing connectivity to regional employment hubs.

The offering includes a renovation plan referenced in the remarks, intended to improve the property and support stronger rental performance in the market.

Key Highlights

  • 10‑unit multifamily property with three‑bedroom, townhome‑style units
  • Central air and central heat throughout
  • Private patios and in‑unit laundry hookup(s) in the units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Skin Care Clinic (Bike/Boat/Book/etc) Store Auto Repair Shop Home Appliance Store Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Ten-unit multifamily featuring three-bedroom townhome-style units with private patios and in-unit laundry hookups.
Where is this apartment building located?
The property is located at 16459 Joy Street Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 10‑unit multifamily property with three‑bedroom, townhome‑style units; Central air and central heat throughout; Private patios and in‑unit laundry hookup(s) in the units
More about this property
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