401 W Graham Avenue, Lake Elsinore, CA 92530

$539,000 Asking Price

3 beds
2 baths
1,268  sqft
Built in 1921

Welcome to this fantastic income-producing property in the heart of Lake Elsinore, California! This charming duplex offers a wonderful opportunity for buyers and investors alike. Property features a total of 3 bedrooms and 2 bathrooms, Includes a three-car detached garage for convenience and storage, Unit A: Two bedrooms, one bathroom, open layout to the living room, Unit B: One bedroom, one bathroom, Spacious lot size of 8,276 sq ft with a large backyard and back patio area. This property presents endless possibilities for expansion and additional income potential. The current owner has pursued ADU opportunities, and buyers are encouraged to conduct their due diligence with the city to explore further growth prospects. Situated in close proximity to Lake Elsinore, residents can enjoy a variety of recreational activities such as swimming, fishing, boating, and more. The area is also known for its abundance of extreme sports and outdoor adventures, perfect for those seeking an active lifestyle. Don't miss out on this great investment opportunity! Contact John Chapman for all property inquiries and to schedule a viewing. Explore the potential of this property and make it yours today! ??

Features & Amenities

Interior

Flooring:
Linoleum/Vinyl
A/C:
Wall/Window
Heating:
N/K
Fireplace:
N/K
Disability Feature:
Parking

Exterior

Pool:
None
Parking:
Parking spaces: 3

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Riverside

Lot

Zoning:
C1, 374154022
View:
Neighborhood

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
COLDWELL BANKER LEADERS, John Chapman

About Lake Elsinore, CA

Housing

Number of Units
27,002
Median Home Value
$369,728
Median Rent
$1,340

32.89% of housing units are renter occupied.

4.06% are vacant.

Commute

Car
81.73%
Public Transportation
0.25%
Walk to Work
0.50%
Work from Home
15.16%
Other
1.92%

The median travel time to work is 36 minutes.

People

Population
86,623
Median Age
31.40
Median Household Size
3.53

Education

High School
29.37%
Associate’s Degree
8.19%
Bachelor’s Degree
14.23%
Graduate Degree
5.39%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: