17797 Grand A & B

Lake Elsinore, CA 92530
  • $462,530

    Price
  • 2

    Bed
  • 2

    Bath
  • 800

    SqFt
  • 0.09

    Acre

About the Listing PCL301 - TMCGOWEN,SWAMICLEL

Affordable duplex in Lake Elsinore with new vinyl fencing and each unit offers a private yard. Both units are 1BD/1BA, 400 sq ft (buyer to verify) clean, functional, and maintained, with strong rental appeal. Unit A totals $1,700/mo with rent and surcharges, and Unit B totals $1,461.80/mo with rent and surcharges. Gross annual income is approximately $37,941.60 with a reported net of $26,559.12, reflecting an estimated 5.7% cap rate at a $463,500 price (buyer to verify all figures). Plenty of parking on site. Located within walking distance to Lake Elsinore and Perret Park for boating, water sports, fishing, and outdoor recreation. Zoned commercial, offering additional possibilities for buyers with business needs—buyer to verify all uses with the City of Lake Elsinore. Suitable for investors or an owner-occupant who wants to live in one unit and rent the other. Buyer to verify all information, income, expenses, zoning, and feasibility.

Listing Highlights for 17797 Grand A & B

Status Active
Days on Site 171
Property Type Multi-Family
MLS ® SW26068596
Year Built 1947
Total Square Footage 800
Lot/Acreage 0.09

Interior Details

  • Bedrooms: 2
  • Bathrooms: 2 Full
  • Appliances: Gas Range, Refrigerator
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Basement:
  • Other: All Bedrooms Down
  • Water: Public

Exterior Details

  • Lot Description: 2-5 Units/Acre,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Roof: Composition
  • Others: Stucco,2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Driveway Level,Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 381231004
  • Tax Year: N/A

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17797 Grand A & B Lake Elsinore, CA 92530

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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