Listing Agent: Broker/Office:
18487 Grand Lake Elsinore CA 92530
Listing ID
#SW26213355
Status
Coming Soon
Property Type
Single Family Residence
County
Riverside
Year Built
1925
Days on website
3
Discover an exceptional multi-unit investment and development opportunity located at 18487 Grand Ave in Lake Elsinore. Offered at $624,999, this unique property sits on over 3 acres of beautiful, development-ready land, presenting a rare blend of immediate rental income potential and expansive space to realize a grander vision. This versatile property features four total income-producing units, providing a highly desirable mix for seasoned investors or those looking to offset their mortgage. The residential layout includes two one-bedroom, one-bathroom units, a comfortable two-bedroom, one-bathroom unit, and a spacious three-bedroom, two-bathroom home. This flexible arrangement is perfect for generating multiple streams of cash flow or accommodating multi-generational living. Nestled in a great central location, the sprawling three-plus acre lot serves as the perfect canvas to build your dream home or expand your real estate portfolio. Residents will enjoy stunning, panoramic mountain views and a peaceful atmosphere while remaining conveniently close to local shopping, dining, and community amenities. Whether you are looking for a cash-flowing asset or the perfect site to make your development dreams come true acre by acre, this property delivers unbeatable value and potential. Opportunities featuring multiple units on this much usable land are incredibly rare. Don't miss your chance to secure a significant piece of Lake Elsinore real estate!
Community Features:
Lake
Heating:
Central
High School District:
Lake Elsinore Unified
Levels:
One
Lot Features:
Ranch
Parking Features:
Driveway, Unpaved
Roof:
Composition
Senior Community YN:
false
Structure Type:
House
Water Source:
Public, Well
High School District:
Lake Elsinore Unified
Senior Community YN:
false
MLS Area Major:
SRCAR - Southwest Riverside County
City:
Lake Elsinore
|
Scan this QR code to see this listing online.
Direct link:
http://www.searchproperties.sdvalues.com/listings/direct/f4c9888484afab4a43309191ad370180
|
Based on information from CARETS as of Friday, October 2, 2026 8:44 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.