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$949,000
15 Days On Site

111 S South Lindsay Street
Lake Elsinore, CA 92530

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
2,310
SqFt
$411
/SqFt
1917
Built
County:
Riverside
Listed by CHRISTINE SMITH of BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

111 S South Lindsay Street111 S South Lindsay Street111 S South Lindsay Street111 S South Lindsay Street
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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 6.37%. GRM 11.5

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Listing Snapshot
Price 
$949,000
Days On Site 
15 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,310 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2 Acres
Year Built 
1917
MLS® Number 
IV26135897
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
14 hours agoPrice changed to $949,000
14 hours agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.2
Energy Features 
Solar
Foundation 
Raised
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking Spaces 
5
Property Sub Type 
Quadruplex
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2310
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Gas CooktopGas OvenWater Heater
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Flooring 
LaminateVinyl
Heating 
Wall Furnace
Interior 
Laminate Counters
Laundry Features 
Common Area
Basement 
Bedroom 
Family Room 
Kitchen 
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Exterior Features
Fencing 
Chain LinkVinyl
Pool Features 
None
Roof 
Asphalt
Spa Features 
None
View 
None
Waterview 
None
Windows/Doors 
Storm Door(s)
Community Features
Building Access 
Front
Community Features 
Street Lights
Financing Terms Available 
1031 Exchange
MLS Area 
SRCAR - Southwest Riverside County


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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