Financial
Distress signals
Property profile

119 W Peck St Lake Elsinore, CA 92530

FOR SALE
Retail space
Property ID
US09-3639896
2,883 SF 0.19 ac lot Built 1935
Last sale Jan 2015 · $188,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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119 W Peck St, Lake Elsinore, CA 92530 For Sale
$740,000 2,883 SF
119 W Peck St, Lake Elsinore, CA 92530
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Property summary

AI-generated overview

The property is a commercial space with an open interior layout that was previously used as an antique boutique. It encompasses 3,200 square feet and is located in Lake Elsinore, California, in a historic community centered around Main Street shopping, with proximity to the lake that serves local water- and recreation-related activities.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$222k
Assessed land$47k
Assessed improvement$174k
Effective rate1.09%

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$69k
Vacancy & credit loss−$4k
Operating expenses−$20k
NOI · 6.20% cap applied$46k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$298/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$155 – $478
Qualifying comparables8

Cap rate analysis

How does the asset earn?
6.20%
$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
The purpose of C1 zone is to provide locations for general retail and office uses which offer the sale of goods and services to the gener...
General categoryCOMMERCIAL
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.2
Realty agency10.6
Pharmacy9.9

Location

119 W Peck St Lake Elsinore, CA 92530
County assessor Recorded deeds · 12 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
31401 Riverside, Lake Elsinore, CA 92530-7809 $3,000,000 Jul 2025 2,400 SF
114 Main, Lake Elsinore, CA 92530-4109 $85,000 Jul 2024 1,625 SF
123 Main, Lake Elsinore, CA 92530-4189 $725,000 May 2024 2,454 SF
17717 Grand, Lake Elsinore, CA 92530-6061 $280,000 Feb 2024 1,671 SF
16779 Lakeshore, Lake Elsinore, CA 92530-4924 $2,000,000 Oct 2023 4,420 SF
17617 Grand, Lake Elsinore, CA 92530-5913 $569,000 Jan 2022 1,622 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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