Duplex with Fenced
For Sale
$429,000
Pending
815 Quail Drive, Lake Elsinore, CA 92530
Lake Elsinore, CA
Property Size1,251 SF
Lot Size0.07 Acres
Days on Market154
Property Features for 815 Quail Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Laundry Room, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Kitchen
Parking
2
Parking features
Garage
Appliances
Microwave
Lot features
Desert Front
Elementary school
Machado
Middle school
Terra Cotta
High school
Lakeside
Elementary school district
Lake Elsinore Unified
Middle school district
Lake Elsinore Unified
High school district
Lake Elsinore Unified
Directions
Head toward Robin Dr. Turn right onto Robin Dr. Turn left onto Linnet Dr. Linnet Dr turns right and becomes Quail Dr
Subdivision
SRCAR - Southwest Riverside County
Standard status
Pending
APN
379173049
Size
1,251 SF
Lot size
0.07 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air, Electric
Water source
Public
Amenities
stainless steel appliances
patio
fuly fenced backyard
Building Details
Year built
1979
Floors in Building
2
Number of units
1
Building materials
Stucco
Roof type
Shingle, Asphalt
Listing Agency:
OPENDOOR BROKERAGE INC.
(480) 462-5392
Listed By:
LISA SOLTESZ · License #02280080
(623) 388-1135
Added: May 14
Changed: Oct 12
Last Checked: Oct 14 at 10:06AM
MLS# IV26105957
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 duplex at 815 Quail Drive offers 1251 square feet with three bedrooms, two bathrooms, a kitchen, and a laundry room. The interior includes stainless steel appliances, while central natural gas heating and electric central air provide the primary climate systems. Stucco construction, an asphalt shingle roof, and garage parking are also part of the property’s configuration.
The parcel encompasses 0.07 acres in Lake Elsinore, California, with public water and public sewer service. Outdoor features include a patio and a fully fenced backyard. Built in 1979, the property also includes a 100-Day Home Warranty with buyer activation.
The parcel encompasses 0.07 acres in Lake Elsinore, California, with public water and public sewer service. Outdoor features include a patio and a fully fenced backyard. Built in 1979, the property also includes a 100-Day Home Warranty with buyer activation.
Key Highlights
- Duplex with 1251 SF of building area
- Three bedrooms and two bathrooms
- 0.07‑acre parcel in Lake Elsinore
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,980
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,600
$439.6K
Cap Rate 7%
$314,000
$314.0K
Cap Rate 9%
$244,222
$244.2K
Market Conditions
NOI Build-Up for 1,251 SF
Gross rent
$32.0K $25.56/SF
− Vacancy
−$576 −$0.46/SF
EGI
$31.4K $25.10/SF
− OpEx
−$9.4K −$7.53/SF
NOI
$22.0K $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%
$439,600
Cap Rate 7%
$314,000
Cap Rate 9%
$244,222
Alternative Uses
Best Use
Multifamily LT 5
$314.0K
$274.8K – $366.3K
NOI $21,980 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$289.3K
$253.1K – $337.5K
NOI $20,249 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$374.8K
$327.9K – $437.2K
NOI $26,234 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
507
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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Cap Rate, Value Estimation, Potential NOI and more
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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 - Three-bedroom layout with two bathrooms, central heating and cooling, and a patio opening to enclosed outdoor space.
Where is this duplex located?
The property is located at 815 Quail Drive Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Duplex with 1251 SF of building area; Three bedrooms and two bathrooms; 0.07‑acre parcel in Lake Elsinore
