31
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Listed by Jose Marin • Marin Realty Group
$1,400,000
Est. payment /mo
0.31 Acres Lot
Active
415 N Main Lake Elsinore, CA 92530
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSW25277146
Year Built 2024
Lot Size 0.310 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Exceptional 4-unit multifamily property (NEW CONSTRUCTION encopassing 2 diffrent and continious parcels) offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This new and 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. With its reliable performance and very low-vacancy track record, these buildings are perfectly suited for 1031 exchange buyers seeking a secure a replacement property. Investors will appreciate the steady NOI, professional management options, and long-term value in a high-demand rental market. The property encompases a newly constructed two-story, four-unit residential building designed with modern comfort, efficiency, and style in mind. Each unit features an open-concept layout with abundant natural light, and contemporary finishes throughout. The building includes two units on the ground floor and two units on the second level, each offering private entrances for added convenience and privacy. Thoughtfully crafted with dura
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Laundry In Laundry Room, Other
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 374063010
Special Listing Condition Not Applicable
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