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    Lake Elsinore, CA Multifamily Properties for Sale

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    Residential Income Duplex
    Updated: Feb 27
    Residential Income Duplex

    33053 Blackwell, Lake Elsinore, CA 92530

    $599,000
    1,706 sqft 0.08 AC lot
    Year built 1976
    Central heating
    Window and wall/window unit cooling
    Public water and public sewer
    Includes 3 bedrooms and 2 bathrooms
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    This listing looks promising.

    Here's a quick look at some key insights for

    33053 Blackwell, Lake Elsinore, CA 92530

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    • Est. Cap Rate

      5%
      NOI ÷ price

    • Est. NOI

      $30K
      Annual

    • Mortgage

      $139K
      Feb 2022

    • Last Sold

      Feb 2022
      $95K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1976
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    Residential Income Duplex Property
    Updated: Jul 8
    Residential Income Duplex Property

    905 W Sumner, Lake Elsinore, CA 92530

    $1,075,000
    0.18 AC lot
    Central heating and central air conditioning
    Carport parking
    Built in 2010
    Public water and public sewer
    Multiple bedrooms and bathrooms, including bedrooms 1–6 and bathrooms 1–6
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    Multifamily Apartment Property
    Multifamily Apartment Property

    16459 Joy Street, Lake Elsinore, CA 92530

    $4,000,000
    0.60 AC lot

    For sale multifamily apartment property on a 0.6-acre lot in Lake Elsinore, California.

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    Fourplex Residential Income Property
    Fourplex Residential Income Property

    111 S South Lindsay St, Lake Elsinore, CA 92530

    $999,000

    Well maintained fourplex with four one-bedroom units, on-site coin laundry, and dedicated rear parking spaces.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Income Duplex Property
    Income Duplex Property

    32979 Perret, Lake Elsinore, CA 92530

    Contact for pricing
    600 sqft 0.06 AC lot

    For sale duplex income property on a 0.06-acre lot with approximately 600 square feet of space.

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    Duplex Income Property
    Duplex Income Property

    17797 Grand A & B, Lake Elsinore, CA 92530

    $463,500
    800 sqft 0.09 AC lot

    For sale duplex in Lake Elsinore, CA with approximately 800 square feet on a 0.09-acre lot.

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    Two-Unit Duplex Income Property
    Two-Unit Duplex Income Property

    17797 Grand A & B, Lake Elsinore, CA 92530

    $463,500
    0.09 AC lot

    Duplex for sale with units A and B on a 0.09-acre lot in Lake Elsinore, CA.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Lake Elsinore, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

    Quadplex Residential Income Property
    Quadplex Residential Income Property

    21492 Dunn, Wildomar, CA 92595

    $699,000
    0.55 AC lot

    For sale quadplex in Wildomar on a 0.55-acre lot, offering four units for residential income.

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    Menifee Multifamily Property with Development Potential
    Menifee Multifamily Property with Development Potential

    30640 Old Windmill Rd, Menifee, CA 92584

    $1,600,000
    1,875 sqft 1.14 AC lot

    Multifamily property with development potential in Menifee's Economic Development Corridor.

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    Quadplex Residential Income Property
    Quadplex Residential Income Property

    30640 Old Windmill Road, Menifee, CA 92584

    $1,600,000
    1.14 AC lot

    For-sale quadplex in Menifee, California, zoned R-R-1 and set on 1.14 acres for a straightforward residential income setup.

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    Wildomar Multifamily Investment Opportunity
    Wildomar Multifamily Investment Opportunity

    21492 Dunn, Wildomar, CA 92595

    $699,900

    Three dwellings with income potential in Wildomar, California.

    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
    Lake Elsinore Hillside Lot

    Reid Street, Lake Elsinore, CA 92530

    $55,900
    0.21 AC lot

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

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    Residential Land Parcel
    Residential Land Parcel

    23700 Oak Circle Drive, Wildomar, CA 92595

    $1,150,000
    10.06 AC lot

    Residential land parcel zoned MO with a lot size of 10.06 acres.

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    RV Resort Lot with Amenities
    RV Resort Lot with Amenities

    1295 S Cawston Avenue, Hemet, CA 92545

    $82,500
    0.04 AC lot

    RV resort lot in a gated 55+ senior community.

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    Land-Owned RV Lot in Hemet
    Land-Owned RV Lot in Hemet

    1295 S Cawston, Hemet, CA 92545

    $52,000

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

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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)

    16460 Joy St, Lake Elsinore, CA 92530-7970

    $6,855,000
    Estimated value
    34,884 sqft 3.10 AC lot
    View details
    801 Graham Ave
    APARTMENT HOUSE (5+ UNITS)

    801 Graham Ave, Lake Elsinore, CA 92530-3417

    $530,000
    Estimated value
    3,146 sqft 0.33 AC lot
    View details
    215 Prospect St
    APARTMENT HOUSE (5+ UNITS)

    215 Prospect St, Lake Elsinore, CA 92530-4173

    Value Estimation by Request
    835 sqft 0.22 AC lot
    View details
    126 Heald Ave
    APARTMENT HOUSE (5+ UNITS)

    126 Heald Ave, Lake Elsinore, CA 92530-4031

    $1,385,000
    Estimated value
    4,950 sqft 0.35 AC lot
    View details
    137 Graham Ave
    APARTMENT HOUSE (5+ UNITS)

    137 Graham Ave, Lake Elsinore, CA 92530-4178

    $750,000
    Estimated value
    1,178 sqft 0.35 AC lot
    View details
    313 Main St
    APARTMENT HOUSE (5+ UNITS)

    313 Main St, Lake Elsinore, CA 92530-3975

    Value Estimation by Request
    449 sqft 0.39 AC lot
    View details
    304 Spg St
    APARTMENT HOUSE (5+ UNITS)

    304 Spg St, Lake Elsinore, CA 92530-4207

    $1,250,000
    Estimated value
    760 sqft 0.31 AC lot
    View details
    208 Riley St
    APARTMENT HOUSE (5+ UNITS)

    208 Riley St, Lake Elsinore, CA 92530-3710

    $760,000
    Estimated value
    3,583 sqft 0.39 AC lot
    View details
    16459 Joy St
    APARTMENT HOUSE (5+ UNITS)

    16459 Joy St, Lake Elsinore, CA 92530-7930

    $2,750,000
    Estimated value
    1,090 sqft 0.60 AC lot
    View details
    121 Spg St
    APARTMENT HOUSE (5+ UNITS)

    121 Spg St, Lake Elsinore, CA 92530-4137

    $1,300,000
    Estimated value
    1,285 sqft 0.34 AC lot
    View details
    17650 Grand Ave
    MOBILE HOME PARK, TRAILER PARK

    17650 Grand Ave, Lake Elsinore, CA 92530-5939

    $980,000
    Estimated value
    1.95 AC lot
    View details
    32310 Riverside Dr
    MOBILE HOME PARK, TRAILER PARK

    32310 Riverside Dr, Lake Elsinore, CA 92530-7889

    $1,125,000
    Estimated value
    1,416 sqft 6.41 AC lot
    View details
    117 Lowell St
    APARTMENT HOUSE (5+ UNITS)

    117 Lowell St, Lake Elsinore, CA 92530-3507

    $735,000
    Estimated value
    1,280 sqft 0.14 AC lot
    View details
    138 Graham Ave
    APARTMENT HOUSE (5+ UNITS)

    138 Graham Ave, Lake Elsinore, CA 92530-4190

    $1,150,000
    Estimated value
    6,767 sqft 0.42 AC lot
    View details
    124 Prospect St
    APARTMENT HOUSE (5+ UNITS)

    124 Prospect St, Lake Elsinore, CA 92530-4156

    Value Estimation by Request
    2,324 sqft 0.22 AC lot
    View details
    120 Prospect St
    APARTMENT HOUSE (5+ UNITS)

    120 Prospect St, Lake Elsinore, CA 92530

    Value Estimation by Request
    3,216 sqft 0.21 AC lot
    View details
    412 Kellogg St
    APARTMENT HOUSE (UNDER 5 UNITS)

    412 Kellogg St, Lake Elsinore, CA 92530-3524

    $1,110,000
    Estimated value
    3,416 sqft 2.58 AC lot
    View details

    Lake Elsinore, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Lake Elsinore, CA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 2,506 square feet of properties for sale, with an estimated market value of $1,062,500.

    Sale prices for multifamily properties in Lake Elsinore, CA start at $463,500, averaging $531,250, and reaching up to $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5
    Apartment buildings 1
    Quadplexes 1

    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 average listing prices of real estate assets

    Neighborhood Average Price
    92530 $1.6M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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