$555,000
$10K PRICE INCREASE

33081 33081 Esther Unit 2 Lake Elsinore, CA 92530

La Cresta Neighborhood

Estimated payment $3,489/month

Total Views 4,265
5 Beds
3 Baths
2,008 Sq Ft
$276 Price per Sq Ft

Highlights

  • Fishing
  • No HOA
  • Central Heating and Cooling System
  • Community Lake
  • Laundry Room
  • 1-Story Property

About This Home

Fixer-Upper Duplex with Strong Rental Potential Just blocks from the lake, this duplex offers a rare opportunity for investors or owner-occupants. The front unit features 3 bedrooms, 2 bathrooms including a master suite, fireplace, private yard, laundry, central A/C, and an attached 2-car garage. The back unit offers 2 bedrooms, 1 bathroom, fireplace, private yard, laundry, and central A/C. Both units are single-story with separate gas/electric meters and independent A/C systems. Prime location near schools, shopping, and Highway 74 ensures strong rental demand. Perfect for 1031 exchange buyers seeking long-term growth.

Listing Agent

Christopher Nguyen

Professional R.E. Center, Inc. Brokerage Phone: 949-444-4184 License #01478705 Listed on: 10/06/2025

Professional R.E. Center, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,008 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 464
  • Assessor Parcel Number 381284009
  • $13 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Community Lake

Recreation

  • Fishing

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Trash Expense $600
  • Water Sewer Expense $2,280
  • Operating Expense $2,880
  • Gross Income $47,000
  • Net Operating Income $44,120

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2280.00
  • Zoning: R-3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 381284009
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 276.39

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Outside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 6,970/0.16 (A)
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 47000.00
  • Gross Operating Income: 47000.00
  • Gross Scheduled Income: 47000.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 44120.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2880.00
  • Rent Control: Yes
  • Total Expenses: 2880.00

Tax Info

  • Tax Lot: A
  • Tax Tract Number: 464.0
  • TaxOtherAnnualAssessmentAmount: 13.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2025 10/12/25 Price Changed $555,000 +1.8% $276 / Sq Ft
10/06/2025 10/06/25 For Sale $545,000 -- $271 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25230510

California Regional Multiple Listing Service (CRMLS)
California Riverside County Lake Elsinore 92530 La Cresta

33081 33081 Esther Unit 2, Lake Elsinore, CA

This home is located at 33081 33081 Esther Unit 2, Lake Elsinore, CA 92530 and is currently priced at $555,000, approximately $276 per square foot. This property was built in 1979. 33081 33081 Esther Unit 2 is a home located in Riverside County with nearby schools including Lakeland Village School, Canyon Lake Middle School, and Lakeside High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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Christopher Nguyen
Listing Agent
Christopher Nguyen
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Professional R.E. Center, Inc.
(951) 720-3469