Lake Elsinore, CA 92530,411 N Main
Lake Elsinore, CA 92530,411 N Main
Lake Elsinore, CA 92530,411 N Main
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$2,280,000
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6,263 SqFt
New

411 N Main Lake Elsinore, CA 92530

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,263 sqft

Price per Sqft $364

MLS Listing ID CRSW25271898

HOA Y/N No

Year Built 2024

Lot Size 0.620 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

Exceptional 7-unit multifamily property (encopassing 3 diffrent and continious parcels) offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This well-maintained asset features a mix of spacious units, solid tenant history, and consistent cash flow, making it an excellent addition to any investment portfolio. Positioned in a desirable area with access to major amenities and transportation, the property offers upside through rent optimization and strategic improvements. With its reliable performance and very low-vacancy track record, these buildings are perfectly suited for 1031 exchange buyers seeking a secure a replacement property. Investors will appreciate the steady NOI, professional management options, and long-term value in a high-demand rental market. The property encompases a newly constructed two-story, four-unit residential building designed with modern comfort, efficiency, and style in mind. Each unit features an open-concept layout with abundant natural light, and contemporary finishes throughout. The building includes two units on the ground floor and two units on the second level, each offering private entrances for added convenience and privacy. Thoughtfully crafted with durable materials and energy-effici

Location

State CA

County Riverside

Interior

Heating Other

Fireplace No

Laundry Inside


Bay East Association of Realtors

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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411 N Main