304 S Spring St Lake Elsinore, CA 92530
Lake Elsinore Historic District Neighborhood
5
Beds
3
Baths
5,000
Sq Ft
0.31
Acres
Highlights
- Marina
- No HOA
- 5-minute walk to Swick and Matich Park
- Across the Road from Lake or Ocean
- 5 Attached Carport Spaces
About This Home
As of December 20217 spanish style residential units on large lot for sale located off Lakeshore Drive (across the street from Lake) with Lake Views. This property has a combination of 1 bedroom and 2 bedroom units. Some units have been improved with hardwood floors, cabinets, paint and fixtures. Rents are deemed low and can likely be increased for additional cash flow (buyer to satisfy itself). Sold as is. Seller motivated! Drive by only. Please do not distrub tenants.
Last Agent to Sell the Property
JIGA Realty Services Corp License #00655682 Listed on: 03/08/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 0.31 Acre Lot
- Two or More Common Walls
Home Design
- 5,000 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 10 Parking Spaces
- 5 Attached Carport Spaces
- Parking Available
Additional Features
- Rain Gutters
- Across the Road from Lake or Ocean
Listing and Financial Details
- Assessor Parcel Number 374273004
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 7 Units
Recreation
- Marina
Building Details
- 4 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $800
- Gardener Expense $900
- Insurance Expense $2,800
- Maintenance Expense $3,300
- Pest Control $700
- Trash Expense $1,800
- Water Sewer Expense $5,600
- New Taxes Expense $5,950
- Gross Income $4,700
- Net Operating Income $39,900
Similar Home in Lake Elsinore, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/09/2021 12/09/21 | Sold | $1,250,000 | -3.8% | $1,250,000 / Sq Ft |
| 11/17/2021 11/17/21 | Pending | -- | -- | -- |
| 11/02/2021 11/02/21 | For Sale | $1,300,000 | +134.2% | $1,300,000 / Sq Ft |
| 05/10/2016 05/10/16 | Sold | $555,000 | -6.7% | $111 / Sq Ft |
| 04/08/2016 04/08/16 | Pending | -- | -- | -- |
| 03/08/2016 03/08/16 | For Sale | $595,000 | -- | $119 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2021
Sean Hwangbo
RE/MAX
(909) 456-3400
5 in this area
39 Total Sales
-
J
Seller's Agent in 2016
James Stroffe
JIGA Realty Services Corp
(951) 244-1401
1 Total Sale
-
Buyer's Agent in 2016
Lorenda York
Lorenda York Realty
(909) 709-5370
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW16051881
APN: 374-273-004
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