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32-Unit Apartment Building with Pool
For Sale
Contact for pricing

16465 Joy St, Lake Elsinore, CA 92530

One- and two-bedroom layouts feature private outdoor areas, upgraded pool amenities, and on-site laundry.

Property SizeContact for details
Lot Size1.17 Acres
Days on Market142

Property Features for 16465 Joy St

General Information

Standard status Active
Lot size 1.17 Acres
Property subtype Multifamily

Units

Multifamily Units 32
Parking per Unit 1.38

Additional Details

Highway Access Yes

Amenities

private patios and balconies
swimming pool
on-site laundry facility

Building Details

Year Built 1979
Listing Agency: Marcus & Millichap - Orange County
Listed By: Tyler Leeson · License #CA 01451551
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 4:17PM

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 - Orange County

Investment Insights

Based on property information with market context.

This 32-unit apartment property in Lake Elsinore was built in 1979 and offers a mix of one- and two-bedroom floorplans. Individual units include private patios or balconies, while community amenities include a recently upgraded swimming pool and on-site laundry. Covered and surface parking provide a ratio of 1.375 spaces per unit on the 1.17-acre parcel.

The property is located approximately half a mile from Lake Elsinore and within walking distance of Machado Elementary School. Lakeside High School is just under one mile away. Riverside Drive (74) provides access to nearby retailers, restaurants, and grocers, while Interstate 15 connects the area with employment centers in Corona, Riverside, Murrieta, and Temecula.

Key Highlights

  • 32‑unit apartment property built in 1979
  • One- and two‑bedroom unit mix
  • Private patios and balconies

Property Analytics

Current Use

North Shore Apartments Apartment Building Addison's Consulting, Inc. Department Store

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Skin Care Clinic

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

Lease Details

32
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

543
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 - One- and two-bedroom layouts feature private outdoor areas, upgraded pool amenities, and on-site laundry.
Where is this apartment building located?
The property is located at 16465 Joy St Lake Elsinore, CA.
What are key features of this property?
This property features: 32‑unit apartment property built in 1979; One- and two‑bedroom unit mix; Private patios and balconies
(949) 419-3200 Call to check price and availability
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