Entity Owned Property summary
This exceptional 5,400 square foot medical office building, situated at 433 Diamond Dr, Lake Elsinore, CA 92530, presents a compelling investment opportunity. Built in 2022, this single-story property boasts six individual units, each offering approximately 900 square feet of versatile space. The asking price is $2,750,000, translating to $610.19 per square foot and $549,166.67 per unit. The property sits on a 20,038 square foot lot and includes 18 parking spaces. Its convenient location near the I-15 freeway ensures easy access for both patients and staff. The property is currently vacant, providing a blank canvas for a new owner to customize the space to their specific needs, whether for a single practice or multiple tenants. The permitted zoning is C-@ per City of Lake Elsinore; however, buyers are strongly encouraged to independently verify zoning regulations and permitted uses. This turnkey property offers significant potential for growth and profitability within the thriving healthcare market of Lake Elsinore. The APN is 363162045. This is a rare opportunity to acquire a modern, well-located medical office building in a rapidly growing area. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
080 Setbacks. § 17.72.090 Lot coverage. § 17.72.100 Building height. § 17.72.110 Minimum dwelling unit size. § 17.72.120 Parking. § 17.72.130 Signs. § 17.72.140 Design review. § 17.72.150 Design standards. Chapter 17.76…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R1 · Lake Elsinore, CA080 Setbacks. § 17.72.090 Lot coverage. § 17.72.100 Building height. § 17.72.110 Minimum dwelling unit size. § 17.72.120 Parking. § 17.72.130 Signs. § 17.72.140 Design review. § 17.72.150 Design standards. Chapter 17.76…
Zoning
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Zoning designation
Official district profile
080 Setbacks. § 17.72.090 Lot coverage. § 17.72.100 Building height. § 17.72.110 Minimum dwelling unit size. § 17.72.120 Parking. § 17.72.130 Signs. § 17.72.140 Design review. § 17.72.150 Design standards. Chapter 17.76…
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