801 W Graham Avenue, #1-5
Lake Elsinore, CA 92530
Active for $2,300,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 14,375 sqft
MLS | IG24178554 |
Year Built | 2023 |
Property Type | Condominium |
County | Riverside |
Status | Active |
Active | $2,300,000 |
Structure Size | N/A sqft |
Lot Size | 14,375 sqft |
Beds | N/A |
Baths | N/A |
Description
Fantastic income opportunity in the thriving city of Lake Elsinore! This property includes 5 brand-new units across 3 buildings—one fully detached and two pairs of attached condos. The detached unit is 1,983 sq ft (Unit #5) and the attached units are identical floor plans and are each 1,573 sq ft (Units 1-4). You can live in one unit and rent out the remaining four. Each home is designed with a primary ensuite, luxury vinyl tile, quartz countertops plus open lofts. The primary bathrooms all feature a free standing soaking tub plus a walk-in shower. Each home has custom window blinds installed. The open-concept layout seamlessly connects the kitchen, living room, and dining area. The detached unit includes a large kitchen island and a balcony off the primary bedroom. Plus, the solar system is fully owned and paid for. Positioned on a corner lot, the property offers two separate access points. Each unit can be purchased separately-attached units #1-4 for $450,000 each and detached unit #5 for $500,000. Montly HOA fees are Units #1-4 at $313.02 each and Unit#5 $355.47. Just one block from Elm Grove Beach and the stunning 3,000-acre natural lake, you'll be close to endless recreational activities. Enjoy a game with the Lake Elsinore Storm, a Minor League Baseball team affiliated with the San Diego Padres. Whether it's skydiving, hang-gliding, baseball, golf, off-road racing, motocross, fishing, boating, jet skiing, water skiing, paintball, or skateboarding—Lake Elsinore has it all. Low taxes and no Mello-Roos. Photos are of Unit #5 and Unit #4.
Listing information courtesy of: Sandee Hwang-Smith, Sandee Hwang-Smith, Broker . *Based on information from the Association of REALTORS/Multiple Listing as of 09/19/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.