2-Unit Duplex with Detached
For Sale
$515,000
401 W Graham, Lake Elsinore, CA 92530
Separate entrances serve a two-bedroom residence and a one-bedroom residence.
Property Size1,268 SF
Lot Size0.19 Acres
Price / SF$406.15
Days on Market319
Property Features for 401 W Graham
General Information
Standard status
Active
Size
1,268 SF
Total Parking Spaces
3
Lot size
0.19 Acres
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Building Size
1,268 SF
Year Built
1921
Listing Agency:
GreenTree Properties
Listed By:
Kevin Hood · License #01236206
(949) 350-5495
Source:
Greentreeproperties
Added: Dec 12, 2025
Changed: Oct 26
Last Checked: Oct 26 at 3:58PM
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 GreenTree Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,268-square-foot duplex contains two separate residences with a combined total of 3 bedrooms and 2 bathrooms. One unit has 2 bedrooms and 1 bathroom; the other has 1 bedroom and 1 bathroom, with its own entrance. The property also includes a detached three-car garage, a backyard and patio space on an 8,276-square-foot lot.
The home is a few blocks from Main Street and Lake Elsinore. Shopping, schools, dining and recreational activities including boating, fishing and swimming are nearby.
The home is a few blocks from Main Street and Lake Elsinore. Shopping, schools, dining and recreational activities including boating, fishing and swimming are nearby.
Key Highlights
- Two units with a combined 3 bedrooms and 2 bathrooms
- 2‑bedroom, 1‑bathroom unit alongside a 1‑bedroom, 1‑bathroom unit
- 1,268‑square‑foot building on an 8,276‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,279
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$445,580
$445.6K
Cap Rate 7%
$318,271
$318.3K
Cap Rate 9%
$247,544
$247.5K
Market Conditions
NOI Build-Up for 1,268 SF
Gross rent
$32.4K $25.56/SF
− Vacancy
−$583 −$0.46/SF
EGI
$31.8K $25.10/SF
− OpEx
−$9.5K −$7.53/SF
NOI
$22.3K $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%
$445,580
Cap Rate 7%
$318,271
Cap Rate 9%
$247,544
Alternative Uses
Best Use
Multifamily LT 5
$318.3K
$278.5K – $371.3K
NOI $22,279 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$293.2K
$256.6K – $342.1K
NOI $20,524 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$379.9K
$332.4K – $443.2K
NOI $26,591 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
533
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances serve a two-bedroom residence and a one-bedroom residence.
Where is this duplex located?
The property is located at 401 W Graham Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Two units with a combined 3 bedrooms and 2 bathrooms; 2‑bedroom, 1‑bathroom unit alongside a 1‑bedroom, 1‑bathroom unit; 1,268‑square‑foot building on an 8,276‑square‑foot lot
