305 Line Street, Lake Elsinore, CA 92530
Local realty services provided by:CENTURY 21 Experience
305 Line Street,Lake Elsinore, CA 92530
$427,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: carol goode
Office: grand homes real estate
MLS#:IG25164027
Source:CRMLS
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Price summary
- Price:$427,000
About this home
Prime R3 Zoned Development Opportunity in Lake Elsinore
Attention Investors and Developers! Seize this exceptional opportunity to acquire a substantial, Approx 18,000 sq ft R3-zoned lot in the thriving City of Lake Elsinore. This property offers immense potential for multi-unit development, with specific building guidelines available through the City of Lake Elsinore Planning Department.
Currently, the property features a main residence generating rental income. Additionally, there are two existing outbuildings, presently utilized for storage, which hold future potential for permitted units or auxiliary structures. At this time the 2 units are not permitted for units, storage only
For those envisioning significant development, this expansive parcel provides ample space to demolish the existing structures and construct multiple new units, complete with dedicated garage parking. This offering represents a rare chance to capitalize on a property with tremendous redevelopment potential in a desirable location....
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Home facts
- Year built:1962
- Listing ID #:IG25164027
- Added:258 day(s) ago
- Updated:April 06, 2026 at 06:16 AM
Structure and exterior
- Year built:1962
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$427,000
Features and amenities
- Laundry features:Outside
Parking
- Total parking spaces:1
- Garage:Yes
- Garage spaces:1
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