33384 Adelfa Street, Lake Elsinore, CA 92530
- $438,000
- List Price
- $438,000
- Price Change
- ▲ $10,000 1774719989
- Status
- PENDING
- MLS#
- IV26023151
- Year Built
- 1951
- Lot Size
- 9,583
- Acres
- 0.22
- Lot Location
- Back Yard
- Days on Market
- 36
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- One Level, Two Levels
Property Description
Well maintained Lake Elsinore duplex offering strong income with upside, featuring two 1 bedroom, 1 bathroom units. The upper unit is tenant occupied and stabilized at $1,400 per month and enjoys lake views, while the lower unit is vacant, recently updated with fresh paint, newer appliances, and updated kitchen cabinetry, and can achieve an estimated rent of $1,500 per month. The lower unit also includes a rare 2 car detached garage, adding significant rental appeal. Ideal for investors or owner occupants seeking immediate cash flow in a convenient Lake Elsinore location near shopping, dining, and freeway access. Detached 2 car garage offers potential ADU conversion, buyer to verify zoning, permits, and feasibility with the City of Lake Elsinore. Property also includes a detached storage structure that is part of the property and provides additional usable space.
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Additional Information
- Appliances
- Disposal, Gas Range, Water Heater
- Pool Description
- None
- Heat
- Electric, Heat Pump
- Cooling
- Yes
- Cooling Description
- Electric, Heat Pump
- View
- Bluff, Lake, Mountain(s)
- Roof
- Shingle
- Garage Spaces Total
- 2
- Sewer
- Septic Type Unknown
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $34,800
- Operating Expense
- 4716
Listing courtesy of Listing Agent: RUPI AZROT (Rupi@offercity.net) from Listing Office: OFFERCITY HOMES.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.