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Two-Story Multifamily Townhome Community
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33071 Santa Rosa Dr, Lake Elsinore, CA 92530

18-unit apartment property with all two-bedroom townhome-style units and enclosed patios.

Property SizeContact for details
Days on Market121

Property Features for 33071 Santa Rosa Dr

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Marcus & Millichap - Inland Empire
Listed By: Kevin Struve · License #CA 01266441
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 3:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Inland Empire

Investment Insights

Based on property information with market context.

Santa Rosa Mountain Villas is an 18-unit apartment building built in 1986, arranged as three two-story buildings with pitched composition roofs. The property offers an all two-bedroom, one-and-a-half-bath unit mix configured in townhome style, with each unit featuring a private enclosed patio. In addition, there are three laundry rooms, one per building.

The community includes central air conditioning and heating in each unit, along with an individual hot water heater and gas oven/stove with microwave. Units are individually metered for gas and electric, while the landlord is responsible for water, trash, and sewer. Parking is provided via 63 open spaces, or approximately 3.5 spaces per unit.

In the past two years, 11 of the 18 units have been upgraded with improvements including wood vinyl plank flooring on the first level, new carpet on the second level, and updated kitchen and in-unit finishes such as microwaves, dishwashers, countertops, and ceiling fans. The property also features a large green belt area with BBQs and picnic-style benches for tenant use.

Key Highlights

  • 18‑unit apartment building (Santa Rosa Mountain Villas) built in 1986 at 33071 Santa Rosa Drive, Lake Elsinore, CA
  • All units are 2‑bedroom, 1.5‑bath two‑story town‑home style layouts with approx. 980 SF each
  • Approx. 17,640 rentable SF across three pitched‑roof buildings on a 1.75‑acre lot

Property Analytics

Current Use

Santa Rosa Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Electrical Service Kitchen & Bath Showroom Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby

Demographics for 92530, CA

59,098
Population
18,502
Households
3.2
Avg Household Size
34
Median Age
17%
College-Educated
80%
High-School Grad
77.1 sq mi
ZIP Area
767
Density / Sq Mi
$84,799
Median Household Income
$41,138
Median Earnings
$1,705
Median Rent
$467,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 18-unit apartment property with all two-bedroom townhome-style units and enclosed patios.
Where is this apartment building located?
The property is located at 33071 Santa Rosa Dr Lake Elsinore, CA.
What are key features of this property?
This property features: 18‑unit apartment building (Santa Rosa Mountain Villas) built in 1986 at 33071 Santa Rosa Drive, Lake Elsinore, CA; All units are 2‑bedroom, 1.5‑bath two‑story town‑home style layouts with approx. 980 SF each; Approx. 17,640 rentable SF across three pitched‑roof buildings on a 1.75‑acre lot
More about this property
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