$900,000
For Sale

801 W Graham Avenue #2 & 4

Lake Elsinore, CA 92530
Listing OfficeSandee Hwang-Smith, Broker
Browse 75 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Fantastic income opportunity in the thriving city of Lake Elsinore! This property includes 2 brand-new units across 2 buildings of attached condos. The two available le units are identical floor plans and are each 1,573 sq ft)-Unit #2 and Unit #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. 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 for $450,000 each. Montly HOA fees are $313.02 each.
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.

  • Property Details
      • InteriorHighCeilings, OpenFloorplan, QuartzCounters, RecessedLighting, AllBedroomsUp, PrimarySuite
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • ViewLake, PeekABoo
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Property SubtypeCondominium
      • Original List Price$2,300,000
      • MLS #IG24178554
      • MLS #IG24178554
      • Lot DescriptionCornerLot
      • CountyRiverside
      • Utility SourcePublic
      • Hoa Fees626.04
      • Cost900000
      • Year Built2023
      • FoundationSlab
      • Stories2
      • Parking Spaces6

Location

Bob PeckReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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