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Multifamily Property with Duplex
For Sale
Contact for pricing
Pending

32840 Ortega, Lake Elsinore, CA 92530

Multi-structure residential property with a main house, duplex, apartments, pool, well, and city water.

Property SizeContact for details
Lot Size1.80 Acres
Days on Market141

Property Features for 32840 Ortega

General Information

Standard status Pending
Lot size 1.80 Acres
Property subtype Special Purpose

Additional Details

Utilities to Site Yes

Amenities

pool
Listing Agency: CENTURY 21 Preferred Lake Elsinore
Listed By: Bruce Beauchamp · License #CA
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 7:02PM

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 CENTURY 21 Preferred Lake Elsinore

Investment Insights

Based on property information with market context.

This multifamily property spans 1.8 acres and includes several separate residential improvements. The main house contains 5 bedrooms and 4 baths, while a detached two-story duplex sits near the built-in pool. Two additional detached one-bedroom apartments provide further residential space. The property has been used as a home, multi-unit rental, and retreat center since 1995, and is being sold as is.

Mature pine and oak trees shape the grounds, which adjoin a 35-acre farm and sit within 1,000 feet of the Cleveland National Forest. Mountain views and nighttime skies contribute to the rural setting, while the ocean is approximately 20 miles away. Utility infrastructure includes power, city water, and a private well.

Key Highlights

  • 1.8‑acre multifamily property with several detached residential structures
  • Main house includes 5 bedrooms and 4 baths
  • Detached two‑story duplex positioned near the built‑in pool

Property Analytics

Current Use

Pine Manor Training Center Houses of Memories, Lake ... Resort

Suggested Use

Top Pick Travel Agency Bed & Breakfast Hotel & Motel 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.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

19
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?
Multifamily property - Multi-structure residential property with a main house, duplex, apartments, pool, well, and city water.
Where is this multifamily property located?
The property is located at 32840 Ortega Lake Elsinore, CA.
What are key features of this property?
This property features: 1.8‑acre multifamily property with several detached residential structures; Main house includes 5 bedrooms and 4 baths; Detached two‑story duplex positioned near the built‑in pool
More about this property
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