17690-17710 Grand Ave Lake Elsinore, CA 92530
This exceptional investment opportunity presents a 5-unit multifamily portfolio situated on a sprawling 6.3-acre lakefront lot in desirable Lake Elsinore, California. The property, encompassing four adjacent parcels (APN: 381-180-008-9, 381-180-009-0, 381-190-001-3, 381-190-002-4), features a total of approximately 5,422 square feet of existing building space, comprised of three single-family residences and one duplex, all in bungalow style. Built in 1944, the property offers significant upside potential for both owner-users and developers. The current zoning is C-1/C-P, R-3, and W-1
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.