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Property profile & analytics
OFF-MARKET Estimated value $730,000
Office buildings

433 Diamond Dr Lake Elsinore, CA 92530

4,500 SF 0.46 ac lot Built 2016
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US09-4770786
Property summary
AI-generated overview

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
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2016
Construction TILT-UP CONCRETE
Total area 4,500 SF
Lot 0.46 ac (20,037 SF)
Zoning code R1
APN 363-162-045
UPID US09-4770786
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$831k
Blend (final) Blend
$730k
Owner & transaction history
Lake Elsinore Medical LLC · 2 yrs held
Lake Elsinore Medical LLC
since 2024
7 recorded transactions
2025
Price N/A
2024
Price N/A
2020
Price N/A
2020
$1.2M
2019
$750,000
2019
Price N/A
2019
$277,000
Zoning & alternative use
R1 · Lake Elsinore, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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