415 N Main St, Lake Elsinore, CA

Name: 415 N Main St, For Sale in Lake Elsinore - eXp Realty
Brand: Marin Realty Group
SKU: SW26136020
Price: 1399999 USD

House

For Sale

Listed price in listed location currency (USD).

$1,399,999

000

MLS® SW26136020

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size -

Garage

Taxes

Days Active 0

Lot Size 0.21 Acres

Approx. Age 2024

MLS® Number SW26136020

Property Address: 415 N Main St, Lake Elsinore, CA, 92530

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

Description

Exceptional 4-unit multifamily property (NEWER CONSTRUCTION encompassing 2 different and continuos 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 durable materials and energy-efficient systems, the property boasts sleek kitchens with quality cabinetry, spacious living areas, well-appointed bedrooms, indoor laundry area, and a stylish bathroom. Exterior highlights include clean architectural lines, fresh landscaping, and parking spaces for residents. Opportunity for developing an additional 2 units exists. Site plan and elevations have been approved by the City of Lake Elsinore. A solid investment with upside for buyers looking to add value and capitalize on a classic multifamily asset in a desirable, well-positioned area.

MLS® NumberSW26136020

Laundry LevelEnsuite

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age2024

Basement

Driveway

Garage Spaces

HeatDuctless

A/CDuctless

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 23, 2026List Date

$1,399,999List Price

-End Date

Not Sold YetSold Price

For Sale

Dec 17, 2025List Date

$1,299,999List Price

Commute

Commute

Starting Address

Destination Address

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