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    Lake Elsinore, CA Multifamily Properties for Sale

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    Wildomar, CA Perris, CA Canyon Lake, CA
    6 results
    Townhome-Style Multifamily Investment
    $4,000,000
    14,500 SF

    Townhome-Style Multifamily Investment

    16459 Joy Street, Lake Elsinore, CA 92530

    10-unit multifamily property with three-bedroom layouts, private patios, and in-unit laundry hookups in a convenient Lake Elsinore setting.

    • 10‑unit multifamily property in Lake Elsinore, CA
    • 1984 construction with central air and central heat
    • Townhome‑style units with private patios and in‑unit laundry hookups
    • Private two‑car garages and driveways, plus carport parking on some units
    • Two units are currently vacant
    Updated: Jun 2
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    Upgraded Duplex in Lake Elsinore
    $750,000
    2,742 SF

    Upgraded Duplex in Lake Elsinore

    138 E Peck, Lake Elsinore, CA 92530

    Income-producing duplex near downtown, with remodeled and new construction units.

    • Income‑producing duplex with strong rental potential and flexible occupancy options.
    • Prime downtown Lake Elsinore location, walkable to dining, shopping, and close to the lake.
    • Front unit completely remodeled with 3 bedrooms, 2.5 bathrooms, and approximately 1,500 sq ft of updated living space.
    • Rear unit built in 2023, offering 3 bedrooms and 2 bathrooms with approximately 1,300 sq ft of contemporary living.
    • Each unit has private laundry, separate gas and electric meters, and a sub‑metered water meter.
    Updated: Jan 16
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    Duplex Near Lake Elsinore
    $463,500
    800 SF

    Duplex Near Lake Elsinore

    Duplex with private yards near Lake Elsinore and Perret Park.

    17797 Grand A & B, Lake Elsinore, CA 92530
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    Lake Elsinore Multifamily Investment
    $4,000,000

    Lake Elsinore Multifamily Investment

    10-unit property with renovation potential near Lake Elsinore.

    16459 Joy St, Lake Elsinore, CA 92530
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    Upgraded Duplex in Lake Elsinore
    $750,000
    1,500 SF

    Upgraded Duplex in Lake Elsinore

    Income-producing duplex near downtown, offering modern living and rental potential.

    138 E Peck, Lake Elsinore, CA 92530
    View details
    Lake Elsinore Multifamily Investment
    $575,000
    4,320 SF

    Lake Elsinore Multifamily Investment

    Three-unit property near town center with lake views.

    176 Olive St, Lake Elsinore, CA 92530
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Lake Elsinore, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Wildomar Triplex with Income Potential
    $699,900
    3,700 SF

    Wildomar Triplex with Income Potential

    Triplex in Wildomar, CA, offering income potential and multiple possibilities.

    21492 Dunn, Wildomar, CA 92595
    View details
    Murrieta Commercial Land Opportunity
    $1,100,000
    1,440 SF

    Murrieta Commercial Land Opportunity

    Prime location for high-density residential and mixed-use commercial development.

    25063 Monroe Avenue, Murrieta, CA 92562
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    Land with Development Potential
    $1,490,000

    Land with Development Potential

    Land suitable for multi-family or commercial development.

    25195 Jackson Ave, Murrieta, CA 92562
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    Wildomar Multifamily Investment Opportunity
    $699,900

    Wildomar Multifamily Investment Opportunity

    Three dwellings with income potential in Wildomar, California.

    21492 Dunn, Wildomar, CA 92595
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lake Elsinore Hillside Lot
    $55,900
    8,940.00 Acres

    Lake Elsinore Hillside Lot

    Hillside lot with mountain views, convenient location, utilities ready.

    0 Reid Street, Lake Elsinore, CA 92530
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    10-Acre Lot with Development Potential
    $1,150,000
    438,214.00 Acres

    10-Acre Lot with Development Potential

    Large lot with flat usable acres and development potential.

    23700 Oak Circle Drive, Wildomar, CA 92595
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    RV Resort Lot with Amenities
    $82,500
    1,742.00 Acres

    RV Resort Lot with Amenities

    RV resort lot in a gated 55+ senior community.

    1295 #136 S Cawston Avenue, Hemet, CA 92545
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    Land-Owned RV Lot in Hemet
    $59,000

    Land-Owned RV Lot in Hemet

    Land-owned RV lot in 55+ gated community with amenities.

    1295 S Cawston, Hemet, CA 92545
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    Off-Market Properties in Lake Elsinore, CA

    Consider similar Off-Market properties in Lake Elsinore, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    16460 Joy St
    APARTMENT HOUSE (5+ UNITS)
    34,884 SF Lot: 3.10 Acres
    Estimated value
    $6,855,000

    16460 Joy St, Lake Elsinore, CA 92530-7970

    View details
    801 Graham Ave
    APARTMENT HOUSE (5+ UNITS)
    3,146 SF Lot: 0.33 Acres
    Estimated value
    $530,000

    801 Graham Ave, Lake Elsinore, CA 92530-3417

    View details
    215 Prospect St
    APARTMENT HOUSE (5+ UNITS)
    835 SF Lot: 0.22 Acres
    Value Estimation by Request

    215 Prospect St, Lake Elsinore, CA 92530-4173

    View details
    126 Heald Ave
    APARTMENT HOUSE (5+ UNITS)
    4,950 SF Lot: 0.35 Acres
    Estimated value
    $1,385,000

    126 Heald Ave, Lake Elsinore, CA 92530-4031

    View details
    137 Graham Ave
    APARTMENT HOUSE (5+ UNITS)
    1,178 SF Lot: 0.35 Acres
    Estimated value
    $750,000

    137 Graham Ave, Lake Elsinore, CA 92530-4178

    View details
    313 Main St
    APARTMENT HOUSE (5+ UNITS)
    449 SF Lot: 0.39 Acres
    Value Estimation by Request

    313 Main St, Lake Elsinore, CA 92530-3975

    View details
    304 Spg St
    APARTMENT HOUSE (5+ UNITS)
    760 SF Lot: 0.31 Acres
    Estimated value
    $1,250,000

    304 Spg St, Lake Elsinore, CA 92530-4207

    View details
    208 Riley St
    APARTMENT HOUSE (5+ UNITS)
    3,583 SF Lot: 0.39 Acres
    Estimated value
    $760,000

    208 Riley St, Lake Elsinore, CA 92530-3710

    View details
    16459 Joy St
    APARTMENT HOUSE (5+ UNITS)
    1,090 SF Lot: 0.60 Acres

    16459 Joy St, Lake Elsinore, CA 92530-7930

    View details
    121 Spg St
    APARTMENT HOUSE (5+ UNITS)
    1,285 SF Lot: 0.34 Acres
    Estimated value
    $1,300,000

    121 Spg St, Lake Elsinore, CA 92530-4137

    View details
    17650 Grand Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.95 Acres
    Estimated value
    $980,000

    17650 Grand Ave, Lake Elsinore, CA 92530-5939

    View details
    32310 Riverside Dr
    MOBILE HOME PARK, TRAILER PARK
    1,416 SF Lot: 6.41 Acres
    Estimated value
    $1,125,000

    32310 Riverside Dr, Lake Elsinore, CA 92530-7889

    View details
    117 Lowell St
    APARTMENT HOUSE (5+ UNITS)
    1,280 SF Lot: 0.14 Acres
    Estimated value
    $735,000

    117 Lowell St, Lake Elsinore, CA 92530-3507

    View details
    138 Graham Ave
    APARTMENT HOUSE (5+ UNITS)
    6,767 SF Lot: 0.42 Acres
    Estimated value
    $1,150,000

    138 Graham Ave, Lake Elsinore, CA 92530-4190

    View details
    124 Prospect St
    APARTMENT HOUSE (5+ UNITS)
    2,324 SF Lot: 0.22 Acres
    Value Estimation by Request

    124 Prospect St, Lake Elsinore, CA 92530-4156

    View details
    120 Prospect St
    APARTMENT HOUSE (5+ UNITS)
    3,216 SF Lot: 0.21 Acres
    Value Estimation by Request

    120 Prospect St, Lake Elsinore, CA 92530

    View details
    412 Kellogg St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,416 SF Lot: 2.58 Acres
    Estimated value
    $1,110,000

    412 Kellogg St, Lake Elsinore, CA 92530-3524

    View details
    17738 Grand Ave
    APARTMENT HOUSE (5+ UNITS)
    432 SF Lot: 2.07 Acres
    Value Estimation by Request

    17738 Grand Ave, Lake Elsinore, CA 92530-6023

    View details

    Lake Elsinore, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Lake Elsinore, CA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 23,862 square feet of properties for sale, with an estimated market value of $6,538,500.

    Sale prices for multifamily properties in Lake Elsinore, CA start at $463,500, averaging $1,307,700, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Duplexes 3
    Apartment buildings 1
    Triplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Lake Elsinore fall within the 100,000+ square foot range.

    Demographics Overview

    Population 88K
    Population Growth (5Y) +7.4%
    Median Household Income $93,135
    College Educated 20.9%

    High-Yield Neighborhoods for Investment

    Identify Lake Elsinore submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    92530 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.06%
    Property Tax per SF $13.44 per sq ft
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

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