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401 W Graham Avenue

Lake Elsinore, CA 92530

3 beds
2 baths
1,268 sqft
8,276 sqft lot
$425 per sqft
1921 build
– on site

Welcome to this fantastic income-producing property in the heart of Lake Elsinore, California! This charming duplex offers a wonderful opportunity for buyers and investors alike. Property features a total of 3 bedrooms and 2 bathrooms, Includes a three-car detached garage for convenience and storage, Unit A: Two bedrooms, one bathroom, open layout to the living room, Unit B: One bedroom, one bathroom, Spacious lot size of 8,276 sq ft with a large backyard and back patio area. This property presents endless possibilities for expansion and additional income potential. The current owner has pursued ADU opportunities, and buyers are encouraged to conduct their due diligence with the city to explore further growth prospects. Situated in close proximity to Lake Elsinore, residents can enjoy a variety of recreational activities such as swimming, fishing, boating, and more. The area is also known for its abundance of extreme sports and outdoor adventures, perfect for those seeking an active lifestyle. Don't miss out on this great investment opportunity! Contact John Chapman for all property inquiries and to schedule a viewing. Explore the potential of this property and make it yours today! ??

Listed By CRMLS_CA / John Chapman / COLDWELL BANKER LEADERS / 818-441-6629

Last checked: Checking… • Last updated Apr 25, 2024 •

MLS# CV24075631 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1921
Year Built Source:

Assessor
New Construction:

No
Structure Type:

Duplex
Entry Level:

1
Patio:

1
Patio And Porch Features:

None
Accessibility Features:

Parking
Common Walls:

1 Common Wall
Total Number Of Units:

2
Stories Total:

1

Interior

Levels:

One
Entry Location:

Street
Flooring:

Vinyl
Room Type:

All Bedrooms Down
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

No
Fireplace:

None
Laundry:

Common Area
Laundry:

1

Room Dimensions

Living Area:

1268.00

Location

Directions:

Exit Main Street. Go West. Turn north on W Graham.
Latitude:

33.66947500
Longitude:

-117.33154000

The Property

Property Type:

Residential
Subtype:

Duplex
Zoning:

C1
Lot Features:

Corner Lot
Lot Size Area:

8276.0000
Lot Size Acres:

0.1900
Lot Size SqFt:

8276.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

430.06
Tax Tract:

005017
Tax Lot:

1

Beds

Total Bedrooms:

3
Main Level Bedrooms:

3

Baths

Total Baths:

2
Full & Three Quarter Baths:

2
Main Level Baths:

2
Full Baths:

2

The Listing

Buyer's Brokerage Compensation:

2.000%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2
Parcel Number:

374154022

Heating & Cooling

Heating:

None
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Schools

High School District:

Lake Elsinore Unified

The Community

Senior Community:

No
Features:

Biking, Fishing, Lake, Watersports
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Garage - Three Door
Parking Spaces:

3.00
Attached Garage:

Yes
Garage Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/16/24 Apr 16, 2024	Listed / Active	CRMLS_CA	$539,000	22.5% (16.9% / YR)
12/16/22 Dec 16, 2022		CRMLS_CA	$440,000	-3.3%
11/17/22 Nov 17, 2022		CRMLS_CA	$455,000

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This multifamily located in Lake Elsinore Historic District, Lake Elsinore, CA 92530 is currently for sale for $539,000. 401 W Graham Avenue is a 1,268 square foot multifamily with 3 beds and 2 baths that has been on Estately for 13 days. 401 W Graham Avenue is in the Lake Elsinore Historic District neighborhood of Lake Elsinore and has a WalkScore® of 78, making it very walkable. This multifamily is in the attendance area of Elsinore Elementary School, Elsinore Middle School, and Temescal Canyon High School.

Listing Courtesy of: CRMLS_CA and COLDWELL BANKER LEADERS. Based on information from California Regional Multiple Listing Service, Inc. as of 20:47 on Apr 29.

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.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.