401 W Graham Avenue, Lake Elsinore CA, 92530
(Active)
$539,000
|
3 beds, 2 Full baths, 1,268 sqft
|
MLS# CV24075631
Last Updated: 4/30/2024 8:06 AM
Description for
401 W Graham Avenue
Lake Elsinore, CA 92530
Welcome to this fantastic income-producing property in the heart of Lake Elsinore, California! This charming duplex offers a wonderful opportunity for buyers and investors alike.Property features a total of 3 bedrooms and 2 bathrooms, Includes a three-car detached garage for convenience and storage, Unit A: Two bedrooms, one bathroom, open layout to the living room, Unit B: One bedroom, one bathroom, Spacious lot size of 8,276 sq ft with a large backyard and back patio area. This property presents endless possibilities for expansion and additional income potential. The current owner has pursued ADU opportunities, and buyers are encouraged to conduct their due diligence with the city to explore further growth prospects. Situated in close proximity to Lake Elsinore, residents can enjoy a variety of recreational activities such as swimming, fishing, boating, and more. The area is also known for its abundance of extreme sports and outdoor adventures, perfect for those seeking an active lifestyle. Don't miss out on this great investment opportunity! Contact John Chapman for all property inquiries and to schedule a viewing. Explore the potential of this property and make it yours today! ??
Price
$539,000
Riverside
3
2 Full
1,268 (approx)
CV24075631
Active
Description
Welcome to this fantastic income-producing property in the heart of Lake Elsinore, California! This charming duplex offers a wonderful opportunity for buyers and investors alike.Property features a total of 3 bedrooms and 2 bathrooms, Includes a three-car detached garage for convenience and storage, Unit A: Two bedrooms, one bathroom, open layout to the living room, Unit B: One bedroom, one bathroom, Spacious lot size of 8,276 sq ft with a large backyard and back patio area. This property presents endless possibilities for expansion and additional income potential. The current owner has pursued ADU opportunities, and buyers are encouraged to conduct their due diligence with the city to explore further growth prospects. Situated in close proximity to Lake Elsinore, residents can enjoy a variety of recreational activities such as swimming, fishing, boating, and more. The area is also known for its abundance of extreme sports and outdoor adventures, perfect for those seeking an active lifestyle. Don't miss out on this great investment opportunity! Contact John Chapman for all property inquiries and to schedule a viewing. Explore the potential of this property and make it yours today! ??
Listing Information
| Property Type: Single Family, Duplex, Multi-Family, 1 Story | ||
| 3 | 2 Full | |
| 0.19 Acres | Assessor | 1,268 (approx) |
| 1921 | Yes-3 spaces | 1 |
Public
Public Sewer
Neighborhood
School Information
| District: Lake Elsinore Unified | ||
Room Information
| Bathrooms: Main Level: 2 | |||
| 2 | |||
Main Level: 3, Total: 3
Common Area
Interior Features
Vinyl
Window/Wall Unit
Other,
None
1 Common Wall
Street
None
Parking
All Bedrooms Down
Exterior / Lot Features
3 Garage Spaces,
3 Parking Spaces,
0 Covered Parking Spaces,
Door-Multi,Garage
None
None
None
Other
C1
Corner Lot
Driving Directions
Exit Main Street. Go West. Turn north on W Graham.
Financial Considerations
| 374154022 |
Cash,Cash to New Loan,Conventional
Listing Price History
Lake Elsinore Real Estate
Lake Elsinore is located in California. Lake Elsinore, California 92530 has a population of 69,710.
The median household income in Lake Elsinore, California 92530 is $62,744. The median household income for the surrounding county is $70,543 compared to the national median of $66,222. The median age of people living in Lake Elsinore 92530 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/16/2024 | Active | $539,000 USD 26.82% |
|
| 12/16/2022 | Sold | $425,000 USD | public records |
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $4,560 USD | 889.50% | $425,000 USD | - |
| 2022 | $461 USD | 1.54% | $425,000 USD | 1,378.26% |
| 2021 | $454 USD | 0.66% | $28,750 USD | - |
| 2020 | $451 USD | 1.35% | $28,750 USD | 1.03% |
| 2019 | $445 USD | 1.37% | $28,456 USD | 2.00% |