16459 Joy Street
Lake Elsinore, CA 92530

  • – beds
  • – baths
  • – sqft
  • ~1/2 acre lot
  • 1983 build
  • on site

16459 Joy Street is a 10-unit multifamily investment property located in Lake Elsinore, California. Built in 1983, 16459 Joy Street offers exclusively spacious three-bedroom townhome-style floorplans and in-unit amenities including central air and heat, large private patios, and in-unit laundry hookups. Furthermore, the property offers ample garage, surface, and tuck-under parking, with direct unit access from the garages. 16459 Joy Street benefits from its optimal Lake Elsinore location, situated just half-a-mile from the lake. The property is situated within walking distance of Machado Elementary School, and just under one mile from Lakeside High School. Additionally, the property is located near Riverside Drive (74), a major thoroughfare for the area, providing residents with convenient access to retailers, restaurants, and grocers. Furthermore, 16459 Joy Street provides residents with convenient access to Interstate 15, connecting residents to employment hubs in the surrounding cities of Corona, Riverside, Murrieta, and Temecula. Available in conjunction with the adjacent 32-unit property located at 16465 Joy Street, this portfolio represents a unique opportunity to acquire a sizable footprint in the direct vicinity of Lake Elsinore. A new owner could capitalize on this attractive location through the completion of a comprehensive interior and exterior renovation plan, thereby achieving significant rental premiums.

California Regional MLS logo Listed By CRMLS_CA / Tyler Leeson / Marcus & Millichap RE Invest / 714-713-9086

Last checked: Checking… • Last updated Apr 22, 2024 •

MLS# OC24058047 —

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Sale history

Date Event Source Price % Change
4/22/24
Sold Subject To Contingencies CRMLS_CA $2,750,000
3/26/24
Listed / Active CRMLS_CA $2,750,000
2/17/20
Sold Subject To Contingencies CRMLS_CA

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$2,750,000

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Listing provided by broker:

Tyler Leeson

Marcus & Millichap RE Invest

714-713-9086

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This multifamily located in Lake View District, Lake Elsinore, CA 92530 is currently for sale for $2,750,000. 16459 Joy Street is a – square foot multifamily with – beds and – baths that has been on Estately for 32 days. 16459 Joy Street is in the Lake View District neighborhood of Lake Elsinore and has a WalkScore® of 72, making it very walkable. This multifamily is in the attendance area of Machado Elementary School, Lakeside High School, and Terra Cotta Middle School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Marcus & Millichap RE Invest. Based on information from California Regional Multiple Listing Service, Inc. as of 23:58 on Apr 26.

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. 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, 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.

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