CA > Lake Elsinore
Lake Elsinore, CA 92530,120 W Heald Avenue
Lake Elsinore, CA 92530,120 W Heald Avenue
Lake Elsinore, CA 92530,120 W Heald Avenue
38
See all 38 photos
Listed by SUSANA FRANCO • GOLDEN EAGLE PROPERTIES
$2,250,000
Est. payment /mo
Save
7,800 SqFt
New

120 W Heald Avenue Lake Elsinore, CA 92530

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
30
May
Sat
31
May
Sun
1
Jun
Max Manatt

Max Manatt

+1(925) 980-3375

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,800 sqft

Price per Sqft $288

MLS Listing ID CRIV25118584

HOA Y/N No

Year Built 1923

Lot Size 0.430 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

Investment Opportunity – 14-Unit Multifamily Property in LAKE ELSINORE! Rare opportunity to acquire a well-maintained 14-unit multifamily property featuring a strong unit mix: four studios (0 bed / 1 bath), six one-bedroom units (1 bed / 1 bath), and four two-bedroom units (2 bed / 1 bath). All units are unfurnished and currently tenant-occupied, with no garage parking. The property is separately metered for electricity and gas (14 meters each) with one shared water meter, offering efficient utility management. Situated on a generous 18,730 sq ft lot (APNs: 374-173-002 and 374-173-003), the property is ideally located close to the lake and within walking distance to downtown, restaurants, and local shops. This prime location enhances tenant appeal and supports long-term rental stability. With consistent occupancy and strong rental demand, this property offers significant upside potential through rent increases and is ideal for investors seeking income stability and long-term growth in a high-demand market.

Location

State CA

County Riverside

Interior

Fireplace No

Laundry No Hookups

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

GET MORE INFORMATION

agent

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

Name
Phone
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Keller Williams Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

120 W Heald Avenue

QUICK SEARCH