33384 Adelfa St Lake Elsinore, CA 92530
Estimated payment $2,319/month
Highlights
- Lake View
- Hiking Trails
- Laundry Room
- No HOA
- Cooling Available
- Mountainous Community
About This Home
Well maintained Lake Elsinore duplex offering strong income with upside, featuring two 1 bedroom, 1 bathroom units. The upper unit is tenant occupied and stabilized at $1,400 per month and enjoys lake views, while the lower unit is vacant, recently updated with fresh paint, newer appliances, and updated kitchen cabinetry, and can achieve an estimated rent of $1,500 per month. The lower unit also includes a rare 2 car detached garage, adding significant rental appeal. Ideal for investors or owner occupants seeking immediate cash flow in a convenient Lake Elsinore location near shopping, dining, and freeway access. Detached 2 car garage offers potential ADU conversion, buyer to verify zoning, permits, and feasibility with the City of Lake Elsinore. Property also includes a detached storage structure that is part of the property and provides additional usable space.
Listing Agent
OFFERCITY HOMES Brokerage Phone: 951-638-4477 License #02050423 Listed on: 01/31/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 9,583 Sq Ft Lot
- 1 Common Wall
- Back Yard
Parking
- 2 Car Garage
- 3 Open Parking Spaces
- 1 Carport Space
- Parking Available
- Front Facing Garage
- Single Garage Door
- Driveway
Property Views
- Lake
- Bluff
- Mountain
Home Design
- Duplex
- Entry on the 1st floor
- Turnkey
- Shingle Roof
Interior Spaces
- 1,152 Sq Ft Home
- 1-Story Property
Kitchen
- Gas Range
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling Available
- Air Source Heat Pump
- Natural Gas Connected
- Water Heater
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 45
- Tax Tract Number 464
- Assessor Parcel Number 383073014
- $33 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
- Mountainous Community
Recreation
- Hiking Trails
Building Details
- 1 Leased Unit
- Cable TV Expense $1,020
- Electric Expense $1,332
- Trash Expense $1,368
- Water Sewer Expense $996
- Net Operating Income $30,084
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 | $1,393 | $305,999 | $91,801 | $214,198 |
| 2023 | $1,393 | $129,597 | $58,907 | $70,690 |
| 2022 | $1,349 | $127,056 | $57,752 | $69,304 |
| 2021 | $1,323 | $124,566 | $56,620 | $67,946 |
| 2020 | $1,310 | $123,290 | $56,040 | $67,250 |
| 2019 | $1,285 | $120,874 | $54,942 | $65,932 |
| 2018 | $1,260 | $118,505 | $53,866 | $64,639 |
| 2017 | $1,236 | $116,182 | $52,810 | $63,372 |
| 2016 | $1,191 | $113,905 | $51,775 | $62,130 |
| 2015 | $1,180 | $112,197 | $50,999 | $61,198 |
| 2014 | $1,145 | $110,000 | $50,000 | $60,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2026 02/06/26 | Pending | -- | -- | -- |
| 01/31/2026 01/31/26 | For Sale | $428,000 | 0.0% | $372 / Sq Ft |
| 05/31/2019 05/31/19 | Rented | $1,250 | 0.0% | -- |
| 05/16/2019 05/16/19 | For Rent | $1,250 | +31.6% | -- |
| 08/15/2014 08/15/14 | Rented | $950 | 0.0% | -- |
| 07/16/2014 07/16/14 | Under Contract | -- | -- | -- |
| 11/14/2013 11/14/13 | For Rent | $950 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $300,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $110,000 | Title365 | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $65,000 | First American Title Co |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV26023151
APN: 383-073-014
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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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