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$624,999
New Listing

18487 Grand
Lake Elsinore, CA 92530

Single Family Residence|Coming Soon
7
Beds
4
Total Baths
4
Full Baths
1,080
SqFt
$579
/SqFt
1925
Built
County:
Riverside
Listed by Christopher Metcalf of Inland Valley Realty [email protected]

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Discover an exceptional multi-unit investment and development opportunity located at 18487 Grand Ave in Lake Elsinore. Offered at $624,999, this unique property sits on over 3 acres of beautiful, development-ready land, presenting a rare blend of immediate rental income potential and expansive space to realize a grander vision. This versatile property features four total income-producing units, providing a highly desirable mix for seasoned investors or those looking to offset their mortgage. The residential layout includes two one-bedroom, one-bathroom units, a comfortable two-bedroom, one-bathroom unit, and a spacious three-bedroom, two-bathroom home. This flexible arrangement is perfect for generating multiple streams of cash flow or accommodating multi-generational living. Nestled in a great central location, the sprawling three-plus acre lot serves as the perfect canvas to build your dream home or expand your real estate portfolio. Residents will enjoy stunning, panoramic mountain views and a peaceful atmosphere while remaining conveniently close to local shopping, dining, and community amenities. Whether you are looking for a cash-flowing asset or the perfect site to make your development dreams come true acre by acre, this property delivers unbeatable value and potential. Opportunities featuring multiple units on this much usable land are incredibly rare. Don't miss your chance to secure a significant piece of Lake Elsinore real estate!

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Listing Snapshot
Price 
$624,999
Days On Site 
0 Days
Bedrooms 
7
Inside Area (SqFt) 
1,080 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.82 Acres
Year Built 
1925
MLS® Number 
SW26213355
Status 
Coming Soon
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 hours agoListing first seen on site
10 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.82
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
DrivewayRV Access/ParkingUnpaved
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
PublicWell
Interior Features
Fireplace Features 
None
Heating 
Central
Laundry Features 
Laundry Room
Main Level Bedrooms 
7
Bathroom 
Bonus Room 
Kitchen 
Laundry 
Living Room 
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Exterior Features
Fencing 
Chain Link
Lot Features 
Back YardRectangular Lot
Pool Features 
None
Roof 
Composition
View 
Mountain(s)
Waterfront Features 
Lake
Waterview 
Mountain(s)
Community Features
Community Features 
Lake
MLS Area 
SRCAR - Southwest Riverside County
School District 
Lake Elsinore Unified
Financing Terms Available 
CashConventionalSubmit
Building Access 
Front
Horse Allowed 
Yes
Schools
School District
Lake Elsinore Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


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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