Lake Elsinore City CA Historical Real Estate, Homes for Sale

2 Beds ⋅ 2 Baths ⋅ OC26160806 MLS ⋅ Active Status

Welcome to 32565 Wildomar Road, Lake Elsinore, a charming manufactured home offering 2 bedrooms, 2 bathrooms, and a versatile office space that can be used as a home office, hobby room, or additional flex space. The home features a generous open kitchen that flows seamlessly into the family room, creating a comfortable and inviting space for everyday living and entertaining. The property also offers a spacious backyard with plenty of room to enjoy the outdoors, garden, or create your own private retreat. A large driveway provides convenient parking for residents and guests. Located in the growing community of Lake Elsinore, the home is conveniently situated near local shopping, restaurants, grocery stores, parks, schools, and everyday conveniences. Residents can enjoy nearby outdoor recreation, including Lake Elsinore and surrounding hiking and recreational areas. The location also offers convenient access to major roadways and nearby freeways, making commuting to surrounding communities throughout Riverside County more convenient. This home offers a great combination of comfortable living space, a functional layout, generous outdoor areas, and a convenient location. Property sold as-is.

32565 Wildomar Road, Lake Elsinore

$369,999

2 Beds ⋅ 1 Baths ⋅ IV26159341 MLS ⋅ Active Status

Welcome to your first home in a quiet Lake Elsinore neighborhood, just off of the 15 freeway for an easy commute in any direction. This 2-bedroom, 1-bath home is a true entry-level opportunity, offering a detached 2-car garage and a layout ready for you to make it your own. It needs some updating, but that's exactly where the value is put in a little sweat equity and build instant equity in a home that's priced to get you in the door. Perfect for a small family or first-time buyer looking to stop renting and start owning, this one won't last at this price point. Come see the potential for yourself. Please note: This property will not qualify for FHA financing until October 21st.

103 Flint Street, Lake Elsinore

$549,000

260017737SD MLS ⋅ Active Status

Investor Special in Lake Elsinore! Rare opportunity to own a 3-unit multifamily property just one block from the town center, featuring lake views and situated on a large 17,000 sq. ft. lot. The property includes a 1BR/1BA unit, a studio, and a 2BR/1BA upper unit. When fully occupied, the property generates approximately $46000 + a year in rental income in current condition. 3 units are currently rented, one on a month-to-month basis and one with 4 months remaining on the lease. Hold to increase rental income or explore the development potential for more units or two separate building, ADU. Property is being sold as-is. Excellent location near downtown Lake Elsinore, schools, shopping, and easy freeway access. Great views of the Lake. Great opportunity for investors or developers looking to add value in a growing area!

176 Olive St, Lake Elsinore

$475,000

2 Beds ⋅ 2 Baths ⋅ P1-27916 MLS ⋅ Active Status

The charming lake house. Located in vista del lago Community, New Roof , update Cooper plumbing, New partial electrical and panel, New Paint throughout, renovated bathroom and kitchen area new lighting fixtures. A short walking distance from the Lake. NO HOA! Private key available for purchase not for public use. Delivered vacant!

32961 Urban Avenue, Lake Elsinore

$459,000

2 Beds ⋅ 2 Baths ⋅ PW26135760 MLS ⋅ Active Status

Charming single-story home situated on a spacious two-lot property, offering approximately 6,563 sq ft of land and 899 sq ft of living space. This 2-bedroom, 1.75-bath home features an updated HVAC system (less than 5 years old), solar with battery backup, and a versatile detached workshop converted into an approximately 100 sq ft office complete with electricity and air conditioning. The property also includes an open concrete carport, a separate front entrance to the second bedroom, and excellent ADU potential (buyer to verify with the City of Lake Elsinore), with the two-lot configuration potentially providing additional development opportunities. Conveniently located near shopping, dining, schools, parks, and commuter routes.

16736 Joy Street, Lake Elsinore

$464,900

3 Beds ⋅ 2 Baths ⋅ OC26141878 MLS ⋅ Active Status

Set in the heart of Lake Elsinore, this 3-bedroom, 2-bathroom home offers 1,435 square feet of comfortable living space. Located within an amazing area! The property benefits from convenient access to the I-15 freeway via Diamond Dr/Railroad Canyon, making commutes and trips around the Inland Empire straightforward. Wildomar Rd sits in a quieter pocket of Lake Elsinore while still keeping shopping, dining, and the lake itself just a short drive away. A solid opportunity for buyers looking to settle into a well-connected Lake Elsinore neighborhood. This house has updated cabinets inside the kitchen, updated and painted bathrooms, updated flooring throughout the home, and a huge lot to really use for anything you want! You can garden, you can use the lot for more parking, or you can use the lot to build an ADU! This possibilities are endless for this rare home on a massive lot! Solar! So much more to see in person! Come take a look!

32512 Wildomar, Lake Elsinore

$449,900

2 Beds ⋅ 1 Baths ⋅ IG26140549 MLS ⋅ Active Status

Great little starter home with amazing views. completely turnkey and ready to go. Comes with 2 parcels. Fresh paint, flooring, cabinets and new appliances. CLOSE TO EVERYTHING YOU NEED! But it feels like you're living a vacation! has large workshop for the handy homeowner. Come and check this one out today! buyer to verify sqft, lot boundaries and permits.

18173 Ballard, Lake Elsinore

$495,000

3 Beds ⋅ 2 Baths ⋅ 26850985PS MLS ⋅ Active Status

This lake view 3-bedroom, 2-bath home sits on a generous 50' x 150' lot in an established Lake Elsinore hillside neighborhood with no HOA. From the private front porch and semi-enclosed trellis, enjoy views of Lake Elsinore and the Santa Ana Mountains from a higher elevation, while relaxing in your own outdoor retreat. Built in 1947 and thoughtfully updated over the years, the approximately 1,000 square-foot home combines character with modern improvements. Interior features include kitchen and both bathrooms being remodeled approximately four years ago, a warm and neutral interior paint color as well as newer carpeting in two of the three bedrooms. Two energy-efficient mini-split systems provide heating and cooling throughout the home. Many of the major improvements have already been completed, including new attic insulation, a new crawl-space vapor barrier, a recently cleaned and certified septic system, Trex decking on the front porch and back deck and a retaining wall designed to protect the home from the lot's natural slope. The property is connected to city water, and newly planted privacy hedges continue to mature, enhancing the outdoor spaces. A major bonus is the dual solar panel system, which currently generates more electricity than the home consumes, helping to keep utility costs low. The long driveway provides parking for multiple vehicles and offers space for an RV, boat or trailer. This is an excellent opportunity to purchase a well-maintained home with many costly, labor-intensive upgrades already completed. Bring your finishing touches and enjoy lake views, mountain views, and the chance to add value over time. Conveniently located near some of the best shopping, dining, and recreational opportunities Lake Elsinore has to offer. Hurry!

33155 Adelfa Street, Lake Elsinore

$710,000

3 Beds ⋅ 2 Baths ⋅ PW26139707 MLS ⋅ Active Status

Commercial/Residential Zoned Property with Dual Street Entrances! Sitting on over half an acre, this highly visible, flat lot features rare dual property entrances with frontage on East Lakeshore Drive and a secondary pull-through access point on Elm Street. The property includes an approx. 950 sq. ft. building designed with two independent exterior entrances, making it incredibly adaptable. Inside, the versatile layout features two front rooms ideal for offices or bedrooms, while the rear section provides an additional private room or office. Previously a car dealership, the expansive lot and high traffic location are proven winners for business. With flexible mixed-use zoning, this is an unmatched opportunity for business owners seeking a live/work setup. This lot is ready for COMMERCIAL occupancy, RESIDENTIAL occupancy, or BOTH! (Buyer / Tenant to verify all zoning and permitted uses).

2006 E Lakeshore, Lake Elsinore

$350,000

4 Beds ⋅ 1 Baths ⋅ SW26136627 MLS ⋅ Pending Status

Welcome to 33267 Pederson Street in the growing community of Lake Elsinore! This is a perfect investment opportunity, ideally situated with convenient access to shopping, dining, schools, parks, and major commuter routes, this property offers an exceptional opportunity to enjoy the Southern California lifestyle. Lake Elsinore residents appreciate the area's recreational amenities, including the lake, outdoor activities, nearby trails, and year-round sunshine. This property is perfectly positioned to enjoy all that Lake Elsinore has to offer. Don't miss your chance to make this address your next home! ** Please note this home needs major updating and repair, and some photos have been digitally altered **

33267 Pederson St, Lake Elsinore

$1,200,000

7 Beds ⋅ 4 Baths ⋅ IG26136299 MLS ⋅ Pending Status

Welcome to this exceptional four-unit income property in the heart of Lake Elsinore, conveniently located just moments from City Hall and the charm of Historic Main Street. This unique investment opportunity features a converted single-family residence thoughtfully divided into two spacious 2-bedroom, 1-bathroom units, along with two additional lower-level units consisting of one 2-bedroom, 1-bathroom and one 1-bedroom, 1-bathroom residence. Extensively renovated within the past year, the property showcases modern upgrades, including updated Kitchen, countertops and refreshed interiors designed to attract quality tenants. Whether you're an experienced investor looking to expand your portfolio or an owner seeking a property with strong rental income potential, this well-maintained multi-unit offers flexibility, value, and long-term opportunity. Situated in a desirable location close to shopping, dining, schools, and local amenities, this is a must-see property with excellent income-producing potential.

249 E Graham, Lake Elsinore

$899,000

IV26135897 MLS ⋅ Active Status

Investor opportunity in the heart of Old Town Lake Elsinore, near main Street. This well maintained fourplex features four 1 bedroom, 1-bathroom units and is ideally located just moments from Main Beach, the public boat ramp, nearby baseball fields, public library, post office. The property offers strong tenant appeal with dedicated on-site laundry room equipped with Speed Queen coin-operated washer and dryer, providing additional income potential. Exterior improvements include attractive low maintenance landscaping with artificial turf, decorative rock, concrete hardscaping, and a newer roof. The rear parking area features a concrete parking lot with five designated spaces and room for a sixth vehicle. Additional highlights include a Tesla solar lease and a highly desirable location near recreation, shopping, dining and the Lake Elsinore Waterfront. All information contained herein is deemed reliable but not guaranteed. Buyers and Buyers agent are advised to independently verify all information, including but not limited to square footage, lot size, zoning, permits, property condition and any other matters affecting the property. Seller and listing broker make no representations or warranties, expressed or implied, as to the accuracy of information provided. Buyer is advised to conduct their own due diligence and investigations to their satisfaction prior to the close of escrow. Listing agent is the owner of the property. Electricity, water and gas are on 1 meter. Cap rate is 6.90%. GRM 10.4

111 S Lindsay Street, Lake Elsinore

$650,000

IG26115054 MLS ⋅ Active Status

Commercially zoned land represents the true value of this rare Lake Elsinore opportunity. The property consists of approximately 1.15 acres of flat, usable land with desirable General Commercial Mixed-Use (C-1/C-P) zoning, allowing for a wide variety of development possibilities. Potential uses may include a bank, grocery store, church, dry cleaning business, professional offices, retail establishments, restaurants, and numerous other commercial or mixed-use projects, subject to city approvals and verification by the buyer. Ideally positioned with excellent frontage and visibility near Grand Avenue, the site offers outstanding exposure, accessibility, and long-term investment potential in a growing area. The existing residence and swimming pool can provide immediate utility while plans for future redevelopment are evaluated. Positioned next to the local fire station, surrounded by open land, and benefiting from attractive lake views, the property combines strong fundamentals with future flexibility. Large commercially zoned parcels in established locations are becoming increasingly difficult to find, making this an exceptional opportunity to secure a property with both current utility and significant future development potential.

33040 Maiden, Lake Elsinore

$650,000

3 Beds ⋅ 3 Baths ⋅ IG26114915 MLS ⋅ Active Status

Rare opportunity to own a truly unique Lake Elsinore property situated on approximately 1.15 acres of flat, usable land with beautiful lake views and room to spread out. The property features a 3-bedroom, 2.5 -bath home, a large swimming pool, and expansive outdoor space perfect for entertaining, recreation, or simply enjoying the peaceful surroundings. While the home is not a turnkey property and could benefit from updating and personal touches, it has been a wonderful residence for the current owners for more than 40 years and has provided decades of cherished memories. Bring your imagination, vision, and creativity to unlock this property’s full potential. With the right improvements, this could become one of the most distinctive and desirable properties in the area. Conveniently located near Grand Avenue and surrounded by open parcels, the property offers both privacy and accessibility. As an added bonus, the property is commercially zoned (C-1/C-P), providing future flexibility and potential opportunities for the next owner while allowing you to enjoy it today as your primary residence.

33040 Maiden, Lake Elsinore

$215,000

2 Beds ⋅ 2 Baths ⋅ SW26109050 MLS ⋅ Active Status

Senior Community. Clean, 2 bedroom, 1 1/2 baths. On site parking, pool, laundry facility.

150 E Lakeshore Unit 15, Lake Elsinore

$549,900

4 Beds ⋅ 3 Baths ⋅ SW26111157 MLS ⋅ Pending Status

Welcome to this beautiful Lake Elsinore home with a Gated driveway, RV and boat parking, a detached casita / guest house, detached garage, and an entertainer’s backyard with a pool and outdoor bar. This unique property offers the kind of flexibility that is hard to find, with room for guests, multi-generational living, hobbies, extra storage, or whatever best fits your lifestyle. The detached casita features its own private entrance and bathroom complete with a shower, vanity, and toilet, giving the property even more versatility. Walking into the main home you will immediately how well maintained the property is with wood flooring throughout, granite countertops, comfortable living spaces, and a spacious laundry room. There is also a loft-style bonus area currently being used as a bedroom, creating additional flexibility for a playroom, office, storage area, or extra living space. The gated front yard adds privacy and creates a welcoming feel with usable outdoor space, while the backyard is set up perfectly for entertaining. Enjoy an above-ground pool surrounded by a deck, an outdoor bar area, cozy firepit, and fruit trees that add charm and character to the yard. With a detached casita, gated driveway, RV and boat parking, detached garage, and multiple outdoor spaces, this property truly offers character, versatility, and hard-to-find features all in one.

33191 Dowman Street, Lake Elsinore

$449,000

2 Beds ⋅ 1 Baths ⋅ SW26106350 MLS ⋅ Active Status

2.5 ACRE LAKELAND VILLAGE MOBILEHOME WITH A SHOP! CONTRACTOR SPECIAL! 100% USABLE! READY FOR YOUR IMAGINATION! FUNCTIONAL WELL AND UTILITY METERS PRESENT! MANY USES FOR THE LOCATION WITH RR ZONING! HURRY!

32689 Stoneman, Lake Elsinore

$498,000

2 Beds ⋅ 1 Baths ⋅ IG26104181 MLS ⋅ Active Status

TWO LOTS INCLUDED!! This is a rare opportunity to own a charming mid-century bungalow, AND the additional adjoining parcel that is also included! Per Realist Tax, the two properties combined form a lot of approx.12,632 sq ft, and they are located just a few blocks from the lake. The property offers great flexibility with plenty of space for outdoor activities and lots of room to park an extra car, an RV, a boat, or other toys. A charming front gable with wood railings enhances the entry, while a newer concrete pad off the side door creates a great space for BBQs, or dining al-fresco under the stars. Inside, you’ll find laminate flooring, refreshed paint, smooth ceilings, dual-pane E-glass windows, and updated doors that enhance both comfort and efficiency. This delightful single story home features classic architectural gables, abundant natural light, a bright, sunny, and cheerful interior that flows throughout the home. The spaces feel open & colorful, with sunlight pouring in to create a warm, welcoming atmosphere. The spacious, light, and bright kitchen has upgraded counters, a newer gas range, custom glass front cabinets, and plenty of room for a breakfast table and chairs where you can enjoy a morning meal while you take in the view through the picture window of the sparkling mountain vistas. The interior floor plan includes 2 well-sized bedrooms and 1 bath. The elegant living room and comfortable dining room have lots of framed windows and upgraded flooring. The spacious primary bedroom has a walk-in closet. Ceiling fans are located in the living room, kitchen, and both bedrooms. The kitchen includes an updated faucet, and the home features updated blinds throughout. A converted garage serves as extra storage or a flexible art or craft space, offering opportunity for finishing touches and personalization. The utility room has been converted into a functional indoor laundry area, and there is even a convenient hallway linen closet. Other important updates to this special home took place, per the seller approximately 8 years ago, and include replacing the roof, adding dual pane windows, updating the siding, and upgrading the interior and exterior doors. This is a home filled with light, character, and charm —offering comfort today and possibilities for tomorrow. Whether you're a homebuyer with a vision, or an investor looking to find your next project, this versatile 2-bedroom, 1-bathroom home with an additional adjoining parcel could be it.

33161 Pederson, Lake Elsinore

$515,000

5 Beds ⋅ 3 Baths ⋅ SW26091489 MLS ⋅ Active Status

Charming Lake Elsinore Retreat with Incredible Views & Outdoor Lifestyle! This unique property offers the perfect blend of rustic charm and modern comfort, all set on a private 10,000 sq ft lot with 3 decks. Private lake access with a 3 acre private beach with two private boat ramps available for only $10/month. Take in breathtaking lake and mountain views from the expansive front deck — ideal for dining, entertaining, or simply relaxing in nature. Inside, you’ll find an open floorplan with vaulted beamed ceilings, wood flooring, and a cozy wood stove that creates a warm, inviting atmosphere. The main second level includes the main living, dining, and kitchen areas with French doors that open directly to the porch, plus two spacious bedrooms and a bathroom. The lower level offers three bedrooms and a full bath, with French doors leading to the large concrete driveway and patio — perfect for outdoor gatherings and ample parking. Enjoy easy access to Ortega Highway and convenient commuting to Orange County while still enjoying the peace and quiet of a serene area tucked away from the hustle and bustle of the city. Whether you’re seeking a peaceful getaway or an adventure-filled lifestyle, this home delivers it all. Conveniently located to enjoy the scenic outdoor lifestyle of Lake Elsinore — this is a rare opportunity you won’t want to miss!

17247 Encina Drive, Lake Elsinore

$463,500

2 Beds ⋅ 2 Baths ⋅ SW26091575 MLS ⋅ Active Status

New Vinyl fencing is installed!! Affordable Duplex near Lake Elsinore. Each unit has its own yard. Great opportunity to own a clean and kept duplex in the City of Lake Elsinore Dream Extreme. Each unit is a one-bedroom, one-bath layout and enjoys its own private yard, plus plenty of parking. The units are smaller, though clean, functional, and maintained, offering strong rental appeal. Located within walking distance to Lake Elsinore and Perret Park, which backs right up to one part of Lake Elsinore's shoreline. Enjoy boating, water skiing, wing foiling, fishing, and lakeside recreation. The nearby airport offers glider rides and skydiving, and the area is home to the California Motorcycle Road Race Association. Outdoor enthusiasts will love the excellent hiking trails and the Elsinore Launch located on the Ortega Highway, where hang gliding is enjoyed. A great opportunity for investors or owner-occupants looking for an affordable property to live in one and rent the other in a growing, adventure-driven community. This property is zoned for commercial, giving this property so many possibilities for someone who has a business. Contact the city of Elsinore to explore all the uses that this unique property could potentially be used for.

17797 Grand A & B, Lake Elsinore

$429,999

2 Beds ⋅ 1 Baths ⋅ RS26090059 MLS ⋅ Active Status

Beautiful 2 Bedrooms, 1 Bath Home in Lake Elsinore with RV access to backyard from side street. Ready for new owners, A must see!! Located close to shops, restaurants, and walking distance to a nice park and lake.

17607 Mackay, Lake Elsinore

$463,500

SW26068596 MLS ⋅ Active Status

New vinyl fencing has been installed!! Affordable Duplex near Lake Elsinore. Each unit has its own yard. Great opportunity to own a clean and kept duplex in the City of Lake Elsinore Dream Extreme. Each unit is a one-bedroom, one-bath layout and enjoys its own private yard, plus plenty of parking. The units are smaller, though clean, functional, and maintained, offering strong rental appeal. Located within walking distance to Lake Elsinore and Perret Park, which backs right up to one part of Lake Elsinores shoreline. Enjoy boating, water skiing, wing foiling, fishing, and lakeside recreation. The nearby airport offers glider rides and skydiving, and the area is home to the California Motorcycle Road Race Association. Outdoor enthusiasts will love the excellent hiking trails and the Elsinore Launch located on the Ortega Highway, where hang gliding is enjoyed. A great opportunity for investors or owner-occupants looking for an affordable property to live in one and rent the other in a growing, adventure-driven community. This property is zoned for commercial, giving this property so many possibilities for someone who has a business. Contact the city of Elsinore to explore all the uses that this unique property could potentially be used for.

17797 Grand A & B, Lake Elsinore

$689,000

SW26070373 MLS ⋅ Active Status

Exceptional value-add investment opportunity located at 32989 Macy St in the growing city of Lake Elsinore. Previously designated as a commercial-zoned and utilized as a church, this property has been rezoned by the city to High Density R-3 Residential, creating a rare and highly desirable opportunity to meet the area’s increasing housing demand. This zoning shift significantly enhances the property’s development potential, making it ideal for developers, investors, and builders seeking to maximize returns. The existing structure spans approximately 4,200 square feet and offers a strong foundation for redevelopment into a multi-unit income-producing asset, with potential for a 4-plex configuration and additional ADU possibilities (buyer to verify with city). With limited inventory and continued population growth in the region, this property is well-positioned for long-term appreciation and rental income potential. The property enjoys scenic lake and mountain views and is located just minutes from Lake Elsinore, Southern California’s largest natural freshwater lake, known for boating, fishing, and year-round outdoor recreation. Its strategic location near Ortega Highway provides convenient commuter access to Orange County, making it especially attractive for tenants traveling to coastal employment hubs. Additionally, the property is just a short drive from the Interstate 15 Fwy, offering seamless connectivity to Corona, Temecula, Riverside, and San Diego. Residents will appreciate close proximity to popular local attractions such as Lake Elsinore Launch Pointe, Lake Elsinore Beachfront Park, Lake Elsinore Casino, and Storm Stadium, along with convenient access to nearby Costco, Home Depot, Target, Super Wal-Mart, Lowe's Shopping centers, dining, and everyday amenities. With its prime location, flexible high-density zoning, scenic views, and strong redevelopment potential, this property represents a rare opportunity to invest in one of Southern California’s rapidly expanding rental markets.

32989 Macy, Lake Elsinore

$449,999

2 Beds ⋅ 2 Baths ⋅ SW26050398 MLS ⋅ Active Status

This well kept home sits just moments from Lake Elsinore and includes private community lake access for added recreation and outdoor enjoyment. The main level offers two bedrooms and two full bathrooms, providing a comfortable and functional layout. Upstairs, the very spacious loft adds excellent flexibility as an additional living area, office, game room, or could be converted into a third bedroom if desired. The home feels open and inviting with natural light and a setting that supports everyday living. Its close proximity to the lake paired with private access makes this property an appealing option for buyers seeking convenience and a relaxed lake adjacent lifestyle.

32989 Pepper, Lake Elsinore

$525,000

2 Beds ⋅ 2 Baths ⋅ SW26050729 MLS ⋅ Active Status

Private hilltop retreat with fantastic views of the Lake Elsinore Valley, lake views, and the Ortega Mountains. This unique home offers privacy while still being close to town. Fresh interior and exterior paint give the home a clean, updated feel. The owner remodeled the home with custom plastered walls and a stucco exterior, giving it the look of a traditional home. Enjoy the views and cool breezes from the large covered front porch with beautiful archways. The home measures approximately 1,325 sq. ft. (buyer to verify) and sits on a permanent foundation. The living room features a cozy fireplace, and tile flooring runs through the kitchen, dining area, family room, hall, and hall bath. Numerous dual-pane windows and a sliding glass door provide natural light. Outside features a huge detached 2-car garage (approx. 600 sq. ft.), a large workshop (approx. 700 sq. ft.) with roll-up door and 220V, plus ample parking and a large concrete driveway—perfect for RVs, boats, toys, or projects

18515 Penny Trail, Lake Elsinore

$439,000

3 Beds ⋅ 2 Baths ⋅ SW26048284 MLS ⋅ Pending Status

This charming single-story home offers three bedrooms and two full baths. The master bedroom boasts a beautifully remodeled master bath, providing a luxurious retreat. The galley-style kitchen, enhanced by skylights, brings in plenty of natural light. Inside you will find a spacious living room. The single car attached garage and a generously sized backyard-ideal for outdoor living. In addition to the garage you have a nice sized storage shed in the backyard. Just one block from Lake Elsinore, you’ll enjoy easy access to boating, fishing, water skiing, and more!

33124 Case, Lake Elsinore

$599,000

3 Beds ⋅ 2 Baths ⋅ SW26039218 MLS ⋅ Active Status

Great Investment Opportunity with Three Income Streams!Don’t miss this versatile property offering three separate rental income streams. The main residence features 2 bedrooms and 1 bathrooms, along with an additional 1 bedroom, 1 bathroom unit — both currently rented. A detached 2-car garage is also rented separately for storage, maximizing cash flow potential.Perfect for investors looking to keep all units rented, or owner-occupants who want to live in one home while generating income from the other. The property includes a fenced backyard ideal for family BBQs and outdoor entertaining.Enjoy low property taxes and no HOA, keeping expenses minimal and returns strong. A rare opportunity with built-in income!

33067 Blackwell, Lake Elsinore

$1,199,999

DW26037236 MLS ⋅ Active Status

Positioned in the core of Lake Elsinore’s revitalized downtown corridor, this well-located mixed-use asset presents a compelling opportunity for investors and owner-users seeking stable income with long-term upside. The property features a street-level retail storefront with strong frontage and visibility along the Main Street corridor—ideal for retail, restaurant/café, professional office, or service-oriented uses. The second level comprises a spacious 4-bedroom, 1-bathroom residential unit, creating a built-in income stream or an ideal live/work configuration. According to the homeowner, the bottom retail space is approx. 2,941 sq ft, and the upstairs is approximately 1,104 sq ft. Flexible investment options: - Owner-user opportunity: Operate your business on the ground floor and reside upstairs. - Dual-income potential: Lease both the commercial and residential units for maximum cash flow. - Value-add upside: Benefit from continued downtown growth and infrastructure investment. The property is located within the City’s active Downtown Revitalization Initiative, which includes the development of the new City Hall at Main and Graham, pedestrian and streetscape improvements, and ongoing infrastructure upgrades designed to enhance walkability and commerce. With increasing demand in one of Southern California’s fastest-growing communities, this asset offers a strategic blend of retail exposure, residential income, and long-term appreciation potential.

118 N Main, Lake Elsinore

$2,050,000

IV26024597 MLS ⋅ Pending Status

Rare opportunity to acquire a stabilized 14-unit multifamily asset in a prime Lake Elsinore location near the lake and within walking distance to downtown, dining, and shopping. The property features a desirable unit mix of four studios, six 1-bed/1-bath units, and four 2-bed/1-bath units, all currently tenant occupied and generating immediate income. Utilities are efficiently structured with separate gas and electric meters for each unit (14 total) and one shared water meter, helping reduce owner expenses. Situated on a large 18,730 sq ft lot across two APNs (374-173-002 & 374-173-003). No garage parking. Strong rental demand and consistent occupancy provide stable cash flow, with clear upside potential through rent increases. Recent capital improvements include a new roof, making this an excellent opportunity for investors seeking a value-add or long-term hold in a growing Inland Empire market with strong tenant appeal.

120 W Heald, Lake Elsinore

$438,000

IV26023151 MLS ⋅ Pending Status

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.

33384 Adelfa Street, Lake Elsinore

$515,000

3 Beds ⋅ 2 Baths ⋅ TR25275541 MLS ⋅ Active Status

Discover the potential of this well-located duplex in the heart of Lake Elsinore, just minutes from historic downtown and the lake. Ideal for investors or owner-occupants, this income-generating property offers a total of 3 bedrooms and 2 bathrooms across two separate units, all situated on a generous 8,276 square foot lot with a large backyard and patio space. A detached three-car garage provides ample parking, storage, or future flexibility. Unit A features a functional layout with two bedrooms and one bathroom, opening into a comfortable living area, while Unit B offers its own private entrance with one bedroom, one bathroom, and a cozy living space—perfect for rental income or extended family living. The expansive lot creates exciting possibilities for outdoor enjoyment, storage for recreational toys, or potential expansion, including ADU opportunities (buyer to verify with the city). Located just a few blocks from Main Street and Lake Elsinore, residents enjoy convenient access to shopping, schools, dining, and a wide range of recreational activities such as boating, fishing, swimming, and extreme sports. This property is a rare chance to own a versatile duplex in a vibrant, growing community—full of opportunity and upside for the right buyer.

401 W Graham, Lake Elsinore

$1,199,999

DW25237444 MLS ⋅ Active Status

Located in the heart of Lake Elsinore’s revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, café, professional office, or service business. Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return. Enjoy outstanding visibility and foot traffic thanks to the City’s ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements. Don’t miss this rare opportunity to invest in one of Southern California’s fastest-growing communities, where business meets lifestyle.

118 N Main, Lake Elsinore

$740,000

PW25221333 MLS ⋅ Active Status

Spacious open interior. This property has long been home to an antique boutique business, currently on a month-to-month lease. The tenant would like to remain after the sale, but that decision is up to the new owner. Lake Elsinore is a historic community with numerous shops along Main Street, making it a shopper’s haven. The lake itself attracts water sports enthusiasts and fishing fans to the area. Feel free to visit the store during business hours and take a look around, but please refrain from asking employees any questions about the property. Instead, direct inquiries to your agent or the listing agent.

119 W Peck, Lake Elsinore

$4,999,000

2 Beds ⋅ 2 Baths ⋅ OC25004613 MLS ⋅ Active Status

Nestled in its own expansive valley, this large ranch offers a perfect blend of privacy, serenity, and incredible natural beauty. With plenty of acres to roam and explore, you’ll enjoy sweeping views, lush pastures, and a haven for wildlife. This two-bedroom, two-bath home has been beautifully remodeled, making it the ideal retreat. Featuring a spacious kitchen, a cozy living room that opens to a large screened-in porch, and a bonus room offering additional storage space—this property is truly a rare find. The master bedroom includes its own private deck, perfect for soaking up the sunlight and the peaceful surroundings. This fully self-contained property is powered by owned solar panels and boasts its own water system with a generous 50-gallon-per-minute flow. The expansive parking structure/barn comes with a concrete floor and a roll-up door, providing ample storage for equipment or space for projects. Additional Features: Large parking structure/barn with concrete floor and roll-up door windows for natural light! Expansive acres with trails, pastures, and a seasonal creek! Multiple additional buildings/structures ideal for entertaining and outdoor BBQs! Abundant wildlife, including deer, and a variety of local fauna! Privacy, Gated and Seclusion with breathtaking natural beauty! Skies so blue with white puffy clouds! Surrounded by Forest on 3 sides neighbors are optional! Close to town, approximately 24 miles from the I-5 freeway, making it your ideal getaway close to home! This property is a sanctuary for nature lovers and those seeking privacy with the conveniences of self-sustained living! From peaceful strolls through the trails to hosting unforgettable BBQs with friends and family, this ranch has it all!

36000 Tenaja Truck Trail, Lake Elsinore

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