415 N Main ST, Lake Elsinore, CA 92530
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415 N Main ST, Lake Elsinore, CA 92530
415 N Main ST, Lake Elsinore, CA 92530
415 N Main ST, Lake Elsinore, CA 92530
415 N Main ST, Lake Elsinore, CA 92530
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Listed by Jose Marin, DRE #01753895 • Marin Realty Group
$ 1,399,999
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415 N Main ST Lake Elsinore, CA 92530

9,148 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSW26136020

Year Built 2024

Lot Size 9,148 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

Exceptional 4-unit multifamily property (NEWER CONSTRUCTION encompassing 2 different and continuos parcels) offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This new and well-maintained asset features a mix of spacious units, solid tenant history, and consistent cash flow, making it an excellent addition to any investment portfolio. Positioned in a desirable area with access to major amenities and transportation, the property offers upside through rent optimization and strategic improvements. With its reliable performance and very low-vacancy track record, these buildings are perfectly suited for 1031 exchange buyers seeking a secure a replacement property. Investors will appreciate the steady NOI, professional management options, and long-term value in a high-demand rental market. The property encompases a newly constructed two-story, four-unit residential building designed with modern comfort, efficiency, and style in mind. Each unit features an open-concept layout with abundant natural light, and contemporary finishes throughout. The building includes two units on the ground floor and two units on the second level, each offering private entrances for added convenience and privacy. Thoughtfully crafted with durable

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Interior

Laundry In Laundry Room, Other

Exterior

Pool 31, None

View None

Building

Water District - Public

Others

Tax ID 374063010

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Meeko Li

Meeko Li

Agent | License ID: 01855766

+1(408) 458-6383

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415 N Main ST