$150,000

16705 Grand Ave Lake Elsinore, CA 92530

Estimated payment $870/month

Total Views 93,987
0.28 Acre
$535,714 Price per Acre
12,197 Sq Ft Lot

Highlights

  • Very Popular Property
  • Community Lake
  • 2-minute walk to Perret Park
  • Lake View
  • No HOA

About This Lot

Don’t miss this great commercial vacant land investment at 16705 Grand Ave, Lake Elsinore. This property includes 2 APNs 381-282-042 (4,356 Lot size) and 381-282-043 (7,840 Lot Size) total of 12,196 lot size combined. Fully usable, fenced, and gated parcels. Located just off busy Grand Avenue and right across from Lake, this property sits on a corner with paved roads on three sides, giving it excellent visibility and easy access. Zoned C-1/C-P, these parcels allow for many types of businesses such as auto repair shops, car washes, retail stores, restaurants, laundromats, daycare centers, equipment rentals, boat and trailer storage, mini-warehouses, churches, and more (buyers should confirm with the County of Riverside). Perfect for developers, investors, or business owners. Whether you're planning to build now or hold for the future, this location gives you lots of options. The property is close to utilities and near major stores like Costco, Target, Walmart, Home Depot, and Lowe’s. It’s just minutes to the Ortega Highway 74, making it a great location for commuters to Orange County, and only a short drive to the 15 Freeway, Temecula Wine Country, and popular local spots like the Storm Baseball Stadium, Motorsports Park, and the Lake Elsinore Outlets. This is a great chance to own commercial land in a growing area with tons of potential. Act fast opportunities like this don’t last long!

Listing Agent

Josephine Sharma

LEGACY HOMES REALTY Brokerage Phone: 951-314-4251 License #01507253 Listed on: 06/26/2025

Co-Listing Agent

Raj Sharma

LEGACY HOMES REALTY Brokerage Phone: 951-314-4251 License #01886334

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $627

Lot Details

  • 0.28 Acre Lot
  • Rural Setting
  • Density is up to 1 Unit/Acre
  • 381-282-042, 381-282-043
  • Property is zoned C-1/C-P

Property Views

  • Lake
  • Mountain

Utilities

  • No Utilities
  • Water Not Available

Community Details

  • No Home Owners Association
  • Community Lake

Listing and Financial Details

  • Tax Lot F
  • Assessor Parcel Number 381282041
  • $29 per year additional tax assessments
  • Seller Considering Concessions

Property Details

Property Type

Land

Est. Annual Taxes

$627

Lot Details

0

Listing Details

  • Other Phone Description: Raj
  • Other Phone Number: 951-314-4251
  • Possible Use: Buyer to verify, Commercial, Storage
  • View: Yes
  • Zoning: C-1/C-P
  • Property Type: Land
  • Parcel Number: 381282041
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 12.30

Exterior Features

  • View: Lake, Mountain(s)

Utilities

  • Utilities: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Lake, Rural

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 381-282-042, 381-282-043
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12196.00
  • Lot Size Acres: 0.2800

Multi Family

  • Lot Size Area: 12196.0000 Square Feet

Tax Info

  • Tax Census Tract: 464.01
  • Tax Lot: F
  • TaxOtherAnnualAssessmentAmount: 29.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $627 $71,604 $71,604 --
2023 $627 $163,523 $163,523 $0
2022 $1,690 $160,317 $160,317 $0
2021 $1,657 $157,174 $157,174 $0
2020 $1,640 $155,563 $155,563 $0
2019 $1,609 $152,513 $152,513 $0
2018 $1,578 $149,523 $149,523 $0
2017 $1,547 $146,592 $146,592 $0
2016 $1,490 $143,718 $143,718 $0
2015 $1,470 $141,560 $141,560 $0
2014 $1,422 $138,788 $138,788 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $150,000 -44.2% --
05/31/2024 05/31/24 Sold $269,000 -10.0% --
04/04/2024 04/04/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $299,000 0.0% --
01/11/2024 01/11/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $299,000 -9.1% --
11/18/2023 11/18/23 For Sale $329,000 0.0% --
10/31/2023 10/31/23 Pending -- -- --
10/21/2023 10/21/23 For Sale $329,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $260,000 First American Title
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Grant Deed $450,000 Advantage Title Company
Grant Deed $60,000 Commerce Title
Source: Public Records

About the Listing Agent

Josephine Sharma

LEGACY HOMES REALTY

(951) 467-4804

Section Image

Josephine Sharma and Raj Sharma – Your Local Trusted Real Estate Experts!

They're experienced real estate professionals specializing in Standard Sales, Short Sales, and REO properties throughout Riverside County, San Bernardino County, and Orange County.

Josephine began her real estate career in 2005 and earned her Broker license in 2011. Raj entered the real estate industry with a background in mortgage lending, starting in 2005. He joined forces with Josephine in 2010 after

Josephine's Other Listings

  • 41591 Corte Vista Gusta, Murrieta, CA 92562

    $330,000

    • Land
    • 5.78 Acres
    • $57,093 per Acre
    • 41591 Corte Vista Gusta
    • Murrieta, CA

    You Can get a loan for this land purchase with only 20% down payment with U.S Bank and they also offer land to construction loan. NEW IMPROVED PRICE FOR A FAST SALE! You must walk this property in person to truly experience its breathtaking mountaintop views, quietness and refreshing breath of fresh Air. The pictures simply cannot capture the beauty and serenity this property offers and don't do

    Josephine Sharma LEGACY HOMES REALTY

    Section Image
  • 16537 Stevens Ave, Lake Elsinore, CA 92530

    $655,000 Under Contract

    • 3 Beds
    • 2 Baths
    • 1,540 Sq Ft
    • 16537 Stevens Ave
    • Lake Elsinore, CA

    NEW REDUCED PRICE FOR A QUICK SALE. Welcome to 16537 Stevens Ave, a stunning, custom-built SINGLE STORY HOME tucked away on a peaceful hilltop in Lake Elsinore, offering jaw-dropping views of the Lake, City Lights, and the Cleveland National Forest from Master Bedroom, Living room and backyard. Built in 2005 with quality craftsmanship, this 3-bedroom, 2 full bathroom, 2 car attached garage, home

    Josephine Sharma LEGACY HOMES REALTY

    Section Image
  • 0 E Stevens Unit SW25088148, Lake Elsinore, CA 92530

    $85,000

    • Land
    • 0.35 Acre
    • $242,857 per Acre
    • 0 E Stevens
    • Unit SW25088148
    • Lake Elsinore, CA

    You Can buy this land with Loan from U.S Bank with 25% Down and also do Land to construction loan. Breathtaking Hilltop Lot with Panoramic Lake Views. Build Your Dream Home in Lake Elsinore! Discover an exceptional opportunity to own one of the largest hilltop parcels in the area—15,245 sq. ft. of elevated land offering sweeping, unobstructed views of the Lake and the surrounding city lights.

    Josephine Sharma LEGACY HOMES REALTY

    Section Image
  • 30205 Big Country Dr, Menifee, CA 92584

    $779,900

    • 5 Beds
    • 4 Baths
    • 3,126 Sq Ft
    • 30205 Big Country Dr
    • Menifee, CA

    WOW! NEW IMPROVED PRICE FOR FAST SALE! DON'T MISS OUT! TWO HOMES UNDER ONE ROOF! Welcome to your dream Multi-Gen home in the Audie Murphy Ranch community of Menifee! Whether you're planning to move in with extended family or looking to generate additional monthly rental income, this rare and versatile home has it all. This beautifully designed residence features 5 spacious bedrooms, 4 full

    Josephine Sharma LEGACY HOMES REALTY

    Section Image
  • 30183 Redding Ave, Murrieta, CA 92563

    $825,000 Under Contract

    • 5 Beds
    • 4 Baths
    • 3,783 Sq Ft
    • 30183 Redding Ave
    • Murrieta, CA

    NEW LOW PRICE FOR QUICK SALE! MOTIVATED SELLERS. APPRAISAL VALUE WELL ABOVE LIST PRICE, INSTANT EQUITY! Welcome to your dream home in the highly desirable Mahogany Hills community of Murrieta! This spacious and beautifully upgraded 5-bedroom, 4 full bathroom home offers a rare blend of luxury, space, and convenience. Built in 2016 and boasting 3,783 sq ft of living space on a 7,405 sq ft lot,

    Josephine Sharma LEGACY HOMES REALTY

    Section Image
  • 3435 Churchill Ln, Perris, CA 92571

    $585,000 Under Contract

    • 4 Beds
    • 2 Baths
    • 1,950 Sq Ft
    • 3435 Churchill Ln
    • Perris, CA

    Welcome to this beautiful Single Story home located in a desirable neighborhood of Perris, CA! This spacious 4-bedroom, 2 full bathroom home offers 1,950 sqft of comfortable living space and includes a rare 3-car garage, perfect for extra storage, vehicles, or a workshop. Sitting on a generous 8,276 sqft lot, the pool-size backyard is ideal for entertaining, relaxing, or building your dream

    Josephine Sharma LEGACY HOMES REALTY

    Section Image
  • 15570 Grand Ave, Lake Elsinore, CA 92530

    $280,000 Sold Jun 20, 2025

    • Land
    • 0.33 Acre Lot
    • 15570 Grand Ave
    • Lake Elsinore, CA

    Hurry don't miss your golden opportunity. Corner Lot with existing Well for water. Prime R-3 Zoned Lot in Lake Elsinore, CA. An incredible opportunity awaits with this flat usable lot located in the highly desirable R-3 High Density Residential Zone of Lake Elsinore. Whether you’re an investor looking to develop a multi-family residential project, a builder ready to construct townhomes or

    Josephine Sharma LEGACY HOMES REALTY

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25141981

California Regional Multiple Listing Service (CRMLS)

APN: 381-282-041