17797 Grand A & B Lake Elsinore, CA 92530
MULTI_FAMILY - Other - Lake Elsinore, CA
Property Features for 17797 Grand A & B
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Kitchen, Bedroom 1, Bathroom 1, Laundry Room, Bedroom 2, Bathroom 2
- Parking
- 4
- Parking features
- Driveway
- Window features
- Double Pane Windows
- Appliances
- Refrigerator, Gas Range
- Standard status
- Active
- APN
- 381231004
- Size
- 800 SF
- Lot size
- 0.09 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Composition
- Architectural style
- Other
Listing agent Wendy McGowan License #01446983 (909) 996-9626
Listing office Century 21 Masters 31730 Railroad Canyon Rd. #4, Canyon Lake, CA (888) 862-1194
Listing date Apr 5, 2026
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.
The property is situated in Riverside County and is presented as a residential income asset, reflecting its duplex configuration within the Grand A & B address format.
For parties seeking a small-format residential income opportunity, the current listing provides an overview of size and lot dimensions for underwriting and due diligence.
Key Highlights
- 1947‑built home with stucco construction
- Kitchen includes a refrigerator and gas range
- Heating provided by wall furnace
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.4k | $25.56 |
| − Vacancy | −$368 | −$0.46 |
| EGI | $20.1k | $25.10 |
| − OpEx | −$6.0k | −$7.53 |
| NOI | $14.1k | $17.57 |
