Ignite FB Tracking Pixel801 W Graham Avenue 1-5, Lake Elsinore, CA 92530 - Blanca Portillo
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listing
1 of 75
Residential IncomeFor Sale
$2,300,000
801 W Graham Avenue 1-5
Lake Elsinore, CA 92530
Listed by Sandee Hwang-Smith DRE#01860479 [email protected] Sandee Hwang-Smith, Broker
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$11,972/mo

Fantastic income opportunity in the thriving city of Lake Elsinore! This property includes 5 brand-new units across 3 buildings—one fully detached and two pairs of attached condos. The detached unit is 1,983 sq ft (Unit #5) and the attached units are identical floor plans and are each 1,573 sq ft (Units 1-4). You can live in one unit and rent out the remaining four. Each home is designed with a primary ensuite, luxury vinyl tile, quartz countertops plus open lofts. The primary bathrooms all feature a free standing soaking tub plus a walk-in shower. Each home has custom window blinds installed. The open-concept layout seamlessly connects the kitchen, living room, and dining area. The detached unit includes a large kitchen island and a balcony off the primary bedroom. Plus, the solar system is fully owned and paid for. Positioned on a corner lot, the property offers two separate access points. Each unit can be purchased separately-attached units #1-4 for $450,000 each and detached unit #5 for $500,000. Montly HOA fees are Units #1-4 at $313.02 each and Unit#5 $355.47. Just one block from Elm Grove Beach and the stunning 3,000-acre natural lake, you'll be close to endless recreational activities. Enjoy a game with the Lake Elsinore Storm, a Minor League Baseball team affiliated with the San Diego Padres. Whether it's skydiving, hang-gliding, baseball, golf, off-road racing, motocross, fishing, boating, jet skiing, water skiing, paintball, or skateboarding—Lake Elsinore has it all. Low taxes and no Mello-Roos. Photos are of Unit #5 and Unit #4.

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Information courtesy of Sandee Hwang-Smith, Broker is subject to verification and is not guaranteed.
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