18487 Grand, Lake Elsinore, CA 92530
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18487 Grand, Lake Elsinore, CA 92530
18487 Grand, Lake Elsinore, CA 92530
18487 Grand, Lake Elsinore, CA 92530
18487 Grand, Lake Elsinore, CA 92530
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Listed by Christopher Metcalf, DRE #01946751 • Inland Valley Realty
$ 624,999
Est. payment /mo
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18487 Grand Lake Elsinore, CA 92530

7 Beds

4 Baths

1,080 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,080 sqft

Price per Sqft $578

MLS Listing ID CRSW26213355

Bedrooms 7

Full Baths 4

Year Built 1925

Lot Size 0.820 Acres

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

Discover an exceptional multi-unit investment and development opportunity located at 18487 Grand Ave in Lake Elsinore. Offered at $624,999, this unique property sits on over 3 acres of beautiful, development-ready land, presenting a rare blend of immediate rental income potential and expansive space to realize a grander vision. This versatile property features four total income-producing units, providing a highly desirable mix for seasoned investors or those looking to offset their mortgage. The residential layout includes two one-bedroom, one-bathroom units, a comfortable two-bedroom, one-bathroom unit, and a spacious three-bedroom, two-bathroom home. This flexible arrangement is perfect for generating multiple streams of cash flow or accommodating multi-generational living. Nestled in a great central location, the sprawling three-plus acre lot serves as the perfect canvas to build your dream home or expand your real estate portfolio. Residents will enjoy stunning, panoramic mountain views and a peaceful atmosphere while remaining conveniently close to local shopping, dining, and community amenities. Whether you are looking for a cash-flowing asset or the perfect site to make your development dreams come true acre by acre, this property delivers unbeatable value and potent

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Rooms

Kitchen None

Interior

Heating Central Forced Air

Cooling None

Fireplaces Type None

Laundry In Laundry Room

Exterior

Parking Features RV Possible, Drive Through, RV Access, Other

Fence Chain Link

Pool None

View Hills

Roof Type Composition

Building

Lot Description Farm Animals (Permitted)

Story One Story

Water Well, District - Public

Others

Tax ID 371200026

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Thomas Feng

Thomas Feng

Agent License ID: 01868748

+1(408) 529-2279

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18487 Grand