Financial
Distress signals
Property profile

31461 Riverside Dr Lake Elsinore, CA 92530

FOR LEASE
Office buildings
Property ID
US09-2700834
5,032 SF 0.25 ac lot Built 1985
Last sale Jan 2000 · $29,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Brookstone Landing offers a 1,100 square foot office space for lease, located on the second floor of a two-story building at 31461 Riverside Drive, Lake Elsinore, CA 92530. This traditional office space is also suitable for creative or executive office uses, and could accommodate coworking arrangements. The space is a "vanilla shell" and includes two private restrooms and a conference room. Abundant parking is available for tenants and their clients. The total building size is 4,400 square

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?
$3k
Tax billed · 2024
Assessed value$315k
Assessed land$75k
Assessed improvement$240k
Effective rate1.07%

Value estimate

· Sep 2026
$230k
$207k – $253k
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 1,191,931.03% cap applied$17k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$457/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$172 – $833
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,191,931.03%
$17k 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?
R106
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.2
Law Firm13.1
HVAC Service10.2

Location

31461 Riverside Dr Lake Elsinore, CA 92530
County assessor Recorded deeds · 5 transfers 5 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18273 Grand, Lake Elsinore, CA 92530-6108 $3,350,000 Dec 2025 18,750 SF
31641 Auto Ctr, Lake Elsinore, CA 92530-4535 $1,595,000 Oct 2024 6,516 SF
16755 Grand, Lake Elsinore, CA 92530-1465 $479,000 Dec 2023 1,404 SF
31900 Msn, Lake Elsinore, CA 92530-4534 $3,000,000 Dec 2022 19,157 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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message