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Four-Unit Residential Income Property
For Sale
$1,399,999

415 N Main Street, Lake Elsinore, CA 92530

Newer construction four-unit building with private entrances, indoor laundry, and resident parking.

Property SizeContact for details
Days on Market67

Property Features for 415 N Main Street

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 4

Building Details

Year Built 2024
Stories 2
Tenancy Multi
Listing Agency: Marin Realty Group
Listed By: Jose Marin · License #01753895
Source: Exitrealty
Added: Jun 25 Changed: Aug 25 Last Checked: Aug 29 at 8:10AM

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 Marin Realty Group

Investment Insights

Based on property information with market context.

This newer-constructed four-unit residential building includes two units on the ground floor and two units on the second level, with private entrances for added convenience. Each unit is described as having an open-concept layout with natural light, contemporary finishes, a kitchen with quality cabinetry, a bathroom described as stylish, well-appointed bedrooms, and an indoor laundry area. Exterior features include clean architectural lines, fresh landscaping, and parking spaces for residents.

The property is described as encompassing two different and continuous parcels and is positioned for access to major amenities and transportation. The site plan and elevations have been approved by the City of Lake Elsinore, and there is an opportunity to develop an additional two units.

As presented, the asset includes a mix of spacious units and a long-term rental income profile supported by a strong demand narrative and a long-term growth-focused outlook.

Key Highlights

  • Newer construction 4‑unit multifamily residential building built in 2024 with modern finishes and energy‑efficient systems
  • Unit layout includes 2 units on the ground floor and 2 units on the second level, each with private entrances
  • Each unit features an open‑concept layout with abundant natural light, sleek kitchens, spacious living areas, well‑appointed bedrooms, indoor laundry, and a stylish bathroom

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy (Bike/Boat/Book/etc) Store Skin Care Clinic Butcher

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

512
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?
Quadplex - Newer construction four-unit building with private entrances, indoor laundry, and resident parking.
Where is this quadplex located?
The property is located at 415 N Main Street Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: Newer construction 4‑unit multifamily residential building built in 2024 with modern finishes and energy‑efficient systems; Unit layout includes 2 units on the ground floor and 2 units on the second level, each with private entrances; Each unit features an open‑concept layout with abundant natural light, sleek kitchens, spacious living areas, well‑appointed bedrooms, indoor laundry, and a stylish bathroom
More about this property
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