Estimated payment $8,092/month
About This Home
Located in the heart of Lake Elsinore’s revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, cafe, professional office, or service business.
Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return.
Enjoy outstanding visibility and foot traffic thanks to the City’s ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements.
Don’t miss this rare opportunity to invest in one of Southern California’s fastest-growing communities, where business meets lifestyle.
Listing Agent
ReMax Sky Brokerage Phone: 323-742-1823 License #02040124 Listed on: 10/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,578
Year Built
- Built in 1920
Lot Details
- 3,920 Sq Ft Lot
- No Common Walls
Interior Spaces
- 4 Bedrooms
- 1,104 Sq Ft Home
- 2-Story Property
Additional Features
- Exterior Lighting
- Central Heating
Community Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $100
- Fuel Expense $100
- Insurance Expense $100
- Trash Expense $100
- Water Sewer Expense $100
- Operating Expense $500
Listing and Financial Details
- Legal Lot and Block 4 / E
- Tax Tract Number 430
- Assessor Parcel Number 373024016
- $108 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,578 | $145,733 | $32,554 | $113,179 |
| 2023 | $1,578 | $140,076 | $31,291 | $108,785 |
| 2022 | $1,530 | $137,330 | $30,678 | $106,652 |
| 2021 | $1,502 | $134,638 | $30,077 | $104,561 |
| 2020 | $1,488 | $133,258 | $29,769 | $103,489 |
| 2019 | $1,461 | $130,646 | $29,186 | $101,460 |
| 2018 | $1,434 | $128,085 | $28,615 | $99,470 |
| 2017 | $1,408 | $125,574 | $28,054 | $97,520 |
| 2016 | $1,359 | $123,112 | $27,504 | $95,608 |
| 2015 | $1,347 | $121,265 | $27,092 | $94,173 |
| 2014 | $1,304 | $118,891 | $26,562 | $92,329 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | For Sale | $1,500,000 | -- | $1,359 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Corporate Deed | $89,500 | Northern Counties Title | |
| Trustee Deed | $114,120 | Northern Counties Title Ins | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $71,600 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25237444
APN: 373-024-016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 6 S Main St
- 0 E Peck St
- 208 E Peck St
- 120 W Heald Ave
- 0 E Heald Ave
- 110 N Chestnut St
- 134 N Chestnut St
- 237 E Prospect St
- 0 Ridge St
- 17 W Sumner Ave
- 0 Mountain Mountain View and Main
- 0 E Hill St Unit SW25035991
- 305 Line St
- 402 N Main St
- 150 E Lakeshore Dr Unit 14
- 150 E Lakeshore Dr Unit 58
- 150 E Lakeshore Dr Unit 59
- 501 W Lakeshore Dr
- 401 W Pottery St
- 22 E Franklin St
- 240 E Graham Ave Unit 12
- 249 E Graham Ave
- 249 E Graham Ave Unit D
- 150 E Lakeshore Dr
- 510 N Ellis St Unit 1
- 1800 E Lakeshore Dr Unit 2911
- 2088 E Lakeshore Dr
- 29306 Prestwick
- 41 Corte Rivera
- 15651 Vista Way Unit 110
- 17650 Grand Ave
- 17650 Grand Ave Unit 108
- 17650 Grand Ave Unit 111
- 9 Corte Montena
- 39415 Ardenwood Way
- 29305 Catalpa
- 41023 Chambord Dr
- 33041 Case St Unit 1
- 33141 Case St
- 22 Villa Valtelena