Listed price in listed location currency (USD).
$549,000

000

MLS® 260017737SD

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 0
Lot Size 0.4 Acres
Approx. Age 1924
MLS® Number 260017737SD

Property Address: 176 Olive St, Lake Elsinore, CA, 92530-4176

Average square foot calculated using Size range provided by listing agent.

Description

Investor Special in Lake Elsinore! Rare opportunity to own a 3-unit multifamily property just one block from the town center, featuring lake views and situated on a large 17, 000 sq. ft. lot. The property includes a 1BR/1BA unit, a studio, and a 2BR/1BA upper unit. When fully occupied, the property generates approximately $46000 + a year in rental income in current condition. 3 units are currently rented, one on a month-to-month basis and one with 4 months remaining on the lease. Hold to increase rental income or explore the development potential for more units or two separate building, ADU. Property is being sold as-is. Excellent location near downtown Lake Elsinore, schools, shopping, and easy freeway access. Great views of the Lake. Great opportunity for investors or developers looking to add value in a growing area!
MLS® Number260017737SD
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1924
Basement
Driveway
Garage Spaces
Heat
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 20, 2026List Date
$549,000List Price
-End Date
Not Sold YetSold Price

For Sale

Oct 23, 2025List Date
$575,000List Price
  • Commute

Commute

Starting Address
Destination Address
176 Olive St, Lake Elsinore, CA

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