Duplex with Private
For Sale
$462,530
17797 Grand A & B, Lake Elsinore, CA 92530
Lake Elsinore, CA
Property Size800 SF
Lot Size0.09 Acres
Price / SF$578.16
Days on Market190
Property Features for 17797 Grand A & B
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Kitchen, Laundry Room, Bathroom 2
Parking
4
Parking features
Driveway
Window features
Double Pane Windows
Appliances
Refrigerator, Gas Range
Lot features
2-5 Units/ Acre
High school
Lake Elsinore
Elementary school district
Lake Elsinore Unified
Middle school district
Lake Elsinore Unified
High school district
Lake Elsinore Unified
Directions
15 frwy W Bundy Cayon R on Mission Trail L on Corydon R on Grand home on the left
Subdivision
SRCAR - Southwest Riverside County
Standard status
Active
APN
381231004
Size
800 SF
Lot size
0.09 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
vinyl fencing
private yards
Building Details
Year built
1947
Floors in Building
1
Number of units
2
Building materials
Stucco
Roof type
Composition
Architectural style
Other
Listing Agency:
Century 21 Masters · Berkshire Hathaway HomeServices
(888) 862-1194
Listed By:
Wendy McGowan · License #01446983
(909) 996-9626
Added: Apr 5
Changed: Oct 10
Last Checked: Oct 11 at 11:06AM
MLS# SW26091575
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.
This 800-square-foot duplex contains two one-bedroom, one-bath units, each with a separate yard. Built in 1947, the stucco property has a composition roof, wall furnace heating, and wall or window-unit cooling. Kitchens include a refrigerator and gas range. Public water and sewer serve the property, and parking is available in the driveway. The parcel measures 0.09 acres.
The property is within walking distance of Lake Elsinore and Perret Park. Commercial zoning is noted in the listing remarks. Outdoor recreation in the area includes boating, fishing, and hiking.
The property is within walking distance of Lake Elsinore and Perret Park. Commercial zoning is noted in the listing remarks. Outdoor recreation in the area includes boating, fishing, and hiking.
Key Highlights
- Two units, each with one bedroom, one bathroom, and a private yard
- 800 square feet on a 0.09‑acre parcel
- Built in 1947; stucco construction with a composition roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,056
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,120
$281.1K
Cap Rate 7%
$200,800
$200.8K
Cap Rate 9%
$156,178
$156.2K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$20.4K $25.56/SF
− Vacancy
−$368 −$0.46/SF
EGI
$20.1K $25.10/SF
− OpEx
−$6.0K −$7.53/SF
NOI
$14.1K $17.57/SF
Area
Riverside County, CA
Vacancy
1.80%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,120
Cap Rate 7%
$200,800
Cap Rate 9%
$156,178
Alternative Uses
Best Use
Multifamily LT 5
$200.8K
$175.7K – $234.3K
NOI $14,056 @ 7.0% cap · market cap 3.04%
Second Best
Apartment 5plus
$185.0K
$161.9K – $215.8K
NOI $12,949 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$239.7K
$209.7K – $279.6K
NOI $16,777 @ 7.0% cap · market cap 3.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Each one-bedroom residence has its own yard, with driveway parking serving the property.
Where is this duplex located?
The property is located at 17797 Grand A & B Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $462,530.
What are key features of this property?
This property features: Two units, each with one bedroom, one bathroom, and a private yard; 800 square feet on a 0.09‑acre parcel; Built in 1947; stucco construction with a composition roof
