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176 Olive St, Lake Elsinore, CA 92530

Lake Elsinore
Local realty services provided by:CENTURY 21 Epic
176 Olive St,Lake Elsinore, CA 92530
$549,000
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: summer rampersad
Office: colleen k. cotter619-804-6840
MLS#:260017737SD
Source:CRMLS

Price summary

  • Price:$549,000

About this home

Investor Special in Lake Elsinore! Rare opportunity to own a 3-unit multifamily property just one block from the town center, featuring lake views and situated on a large 17,000 sq. ft. lot. The property includes a 1BR/1BA unit, a studio, and a 2BR/1BA upper unit. When fully occupied, the property generates approximately $46000 + a year in rental income in current condition. 3 units are currently rented, one on a month-to-month basis and one with 4 months remaining on the lease. Hold to increase rental income or explore the development potential for more units or two separate building, ADU. Property is being sold as-is. Excellent location near downtown Lake Elsinore, schools, shopping, and easy freeway access. Great views of the Lake. Great opportunity for investors or developers looking to add value in a growing area!

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Home facts

  • Year built:1924
  • Subdivision & Development:San Diego
  • Listing ID #:260017737SD
  • Added:51 day(s) ago
  • Updated:September 10, 2026 at 11:20 AM

Structure and exterior

  • Roof:Rolled Hot Mop
  • Year built:1924
  • Lot area:0.4 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$549,000
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Epic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Epic, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Mike Southwick

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