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Listed by Jose Marin • Marin Realty Group
$880,000
Est. payment /mo
0.31 Acres Lot
Price Dropped by $1.4M
411 N Main Lake Elsinore, CA 92530
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSW25271898
Style Cottage,Bungalow
Year Built 1923
Lot Size 0.310 Acres
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Exceptional 3-unit multifamily property offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This well-maintained asset features a mix of spacious units, solid tenant history, and consistent cash flow, making it an excellent addition to any investment portfolio. Positioned in a desirable area with access to major amenities and transportation, the property offers upside through rent optimization and strategic improvements. The classic Craftsman style (3 separate unit buildings) offer character, functionality, and excellent long-term potential for investors or owner-occupants. Featuring well-proportioned units with original architectural details, the property blends vintage charm with practical living spaces. Each unit provides ample natural light, cozy layouts, and opportunities for thoughtful updates or value-add improvements. The buildings have been maintained over the years and offers steady rental income, with room to enhance returns through modernization or strategic renovations. Located in an established neighborhood close to amenities, transit, and employment hubs, this property appeals to tenants seeking affordability and character.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Heating No Heating
Cooling Window / Wall Unit
Laundry Other
Exterior
Pool None
Roof Type Shingle
Building
Story One Story
Foundation Raised, Concrete Slab
Water District - Public
Architectural Style Cottage, Bungalow
Others
Tax ID 374063012
Special Listing Condition Not Applicable

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