Multifamily

Lake Elsinore, CA Multifamily Properties for Sale

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Wildomar, CA Canyon Lake, CA Perris, CA Menifee, CA Murrieta, CA Corona, CA
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Two-Home Multifamily Property
Updated: Oct 6
Two-Home Multifamily Property

32665 Mesa Drive, Lake Elsinore, CA 92530

$649,900
2,200 sqft 0.30 AC lot
Two detached homes on a 0.3‑acre parcel
Combined building area of 2,200 square feet
Primary residence has 3 bedrooms, 2 bathrooms, and an attached two‑car garage
Detached cottage has its own laundry
RV parking and chain‑link fencing divide outdoor areas
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10-Unit Townhome-Style Apartment Building
Updated: Oct 1
10-Unit Townhome-Style Apartment Building

16459 Joy Street, Lake Elsinore, CA 92530

$4,000,000
0.60 AC lot
10 three‑bedroom, townhome‑style apartment units
Two units currently vacant
0.6‑acre property, built in 1984
Private two‑car garages and driveways; some units also have carports
Private patios, central air and heat, and in‑unit laundry hookups
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Duplex with Fenced Backyard
Duplex with Fenced Backyard

815 Quail Drive, Lake Elsinore, CA 92530

$429,000
1,251 sqft 0.07 AC lot

Three-bedroom layout with two bathrooms, central heating and cooling, and a patio opening to enclosed outdoor space.

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10-Unit Townhome-Style Apartment Building
10-Unit Townhome-Style Apartment Building

16459 Joy Street, Lake Elsinore, CA 92530

$4,000,000

Three-bedroom residences include private patios, laundry hookups, and dedicated garage parking.

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Duplex with Private Yards
Duplex with Private Yards

17797 Grand A & B, Lake Elsinore, CA 92530

$462,530
800 sqft 0.09 AC lot

Each one-bedroom residence has its own yard, with driveway parking serving the property.

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Duplex with Private Yards
Duplex with Private Yards

17797 Grand A & B, Lake Elsinore, CA 92530

$462,530
0.09 AC lot

Each residence has one bedroom, one bathroom, and its own outdoor yard.

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Duplex with Detached Garage
Duplex with Detached Garage

33384 Adelfa Street, Lake Elsinore, CA 92530

$420,000

Two one-bedroom residences include a refreshed lower unit, lake views, and separate storage space.

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Multi Family
Multi Family

32989 Macy St, Lake Elsinore, CA 92530

$689,000

Quadplexes

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Lake Elsinore, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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.

6.73 Acres Heavy Industrial Land
6.73 Acres Heavy Industrial Land

190 Mapes Rd, Perris, CA 92570

$4,900,000
5 sqft 6.73 AC lot

6.73 acres with heavy industrial zoning, income-producing RV park.

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Flat Commercial Land
Flat Commercial Land

26226 State Highway 74, Perris, CA 92570

$613,900
1.45 AC lot

Flat, usable acreage with power on site and water and sewer available in the street.

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Three-Home Multifamily Property
Three-Home Multifamily Property

31215 Byers, Menifee, CA 92584

$775,000

Three manufactured residences share one enclosed parcel with gated access, RV access, and RR zoning.

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Two-Home Duplex Property
Two-Home Duplex Property

31391 Hawthorne Street, Menifee, CA 92584

$722,500

Two separately addressed homes share a fenced parcel with individual electrical and septic systems.

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.

Development Land with Mobile Homes
Development Land with Mobile Homes

23700 Oak Circle Drive, Wildomar, CA 92595

$1,150,000
10.06 AC lot

Over 10 acres in Wildomar with frontage on Oak Circle Drive, plus three mobile homes and outbuildings.

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Corner RV Resort Land Lot
Corner RV Resort Land Lot

1295 S Cawston Avenue, Hemet, CA 92545

$82,500
0.04 AC lot

RV-zoned corner lot in a gated 55+ senior community with public water and cable available.

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

328 S Cawston, Hemet, CA 92545

$45,000

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

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San Jacinto Land with Utilities
San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000
0.33 AC lot

Unique lot with utilities available for multiple residential uses.

View details

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

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

801 Graham Ave, Lake Elsinore, CA 92530-3417

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

215 Prospect St, Lake Elsinore, CA 92530-4173

Estimated value:
$305,000
835 sqft 0.22 AC lot
View details
126 Heald Ave
APARTMENT HOUSE (5+ UNITS)

126 Heald Ave, Lake Elsinore, CA 92530-4031

Estimated value:
$1,515,000
4,950 sqft 0.35 AC lot
View details
137 Graham Ave
APARTMENT HOUSE (5+ UNITS)

137 Graham Ave, Lake Elsinore, CA 92530-4178

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

313 Main St, Lake Elsinore, CA 92530-3975

Estimated value:
$450,000
449 sqft 0.39 AC lot
View details
304 Spg St
APARTMENT HOUSE (5+ UNITS)

304 Spg St, Lake Elsinore, CA 92530-4207

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

208 Riley St, Lake Elsinore, CA 92530-3710

Estimated value:
$330,000
3,583 sqft 0.39 AC lot
View details
16459 Joy St
APARTMENT HOUSE (5+ UNITS)

16459 Joy St, Lake Elsinore, CA 92530-7930

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

121 Spg St, Lake Elsinore, CA 92530-4137

Estimated value:
$1,300,000
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

Estimated value:
$1,030,000
1.95 AC lot
View details
32310 Riverside Dr
MOBILE HOME PARK, TRAILER PARK

32310 Riverside Dr, Lake Elsinore, CA 92530-7889

Estimated value:
$1,200,000
1,416 sqft 6.41 AC lot
View details
117 Lowell St
APARTMENT HOUSE (5+ UNITS)

117 Lowell St, Lake Elsinore, CA 92530-3507

Estimated value:
$800,000
1,280 sqft 0.14 AC lot
View details
138 Graham Ave
APARTMENT HOUSE (5+ UNITS)

138 Graham Ave, Lake Elsinore, CA 92530-4190

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

124 Prospect St, Lake Elsinore, CA 92530-4156

Estimated value:
$195,000
2,324 sqft 0.22 AC lot
View details
120 Prospect St
APARTMENT HOUSE (5+ UNITS)

120 Prospect St, Lake Elsinore, CA 92530

Estimated value:
$195,000
3,216 sqft 0.21 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 8 active listings on our real estate platform. These investment opportunities span a total of 4,251 square feet of properties for sale, with an estimated market value of $11,112,960.

Sale prices for multifamily properties in Lake Elsinore, CA start at $420,000, averaging $1,389,120, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 4
Apartment buildings 2
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 $1.3M

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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