17797 Grand A & B, Lake Elsinore, CA 92530

$462,530

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Listed by Wendy McGowan, from Century 21 Masters
(If provided) CoList: Lelita Amick from Century 21 Masters

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List Price: $462,530
Price Change: ▼ $970 1790318301
MLS#: CRSW26068596
Status: ACTIVE
Lot Size: 3,920
Listing Area: Srcar - Southwest Riverside County

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Property Description

Affordable duplex in Lake Elsinore with new vinyl fencing and each unit offers a private yard. Both units are 1BD/1BA, 400 sq ft (buyer to verify) clean, functional, and maintained, with strong rental appeal. Unit A totals $1,700/mo with rent and surcharges, and Unit B totals $1,461.80/mo with rent and surcharges. Gross annual income is approximately $37,941.60 with a reported net of $26,559.12, reflecting an estimated 5.7% cap rate at a $463,500 price (buyer to verify all figures). Plenty of parking on site. Located within walking distance to Lake Elsinore and Perret Park for boating, water sports, fishing, and outdoor recreation. Zoned commercial, offering additional possibilities for buyers with business needs-buyer to verify all uses with the City of Lake Elsinore. Suitable for investors or an owner-occupant who wants to live in one unit and rent the other. Buyer to verify all information, income, expenses, zoning, and feasibility.

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Additional Information

Amenities: Double Pane Windows(s)
Cooling System: Window / Wall Unit
Energy Features: Double Pane Windows
Foundation: Concrete Slab
Garage Parking: Other
Heating System: Wall Furnace
Laundry Facilities: Gas Hookup, Laundry Area, 30, Other
Levels: One Story
Lot Size: 3,920
Neighborhood: Srcar - Southwest Riverside County
Numberof Units: 2
Pool Description: 31, None
Roof: Composition
Style: Traditional
Unincorporated Yn: Yes

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