$535,000
$579,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
16046 Grand AVE Lake Elsinore, CA 92530
Key Details
Sold Price $535,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW16093047
Sold Date 07/12/16
Construction Status Turnkey
HOA Y/N No
Year Built 2003
Tax Year 2014
Property Description
**WATERFRONT/BEACH Investment Opportunity *** Two permitted structures 3bed/2 bath 1,250 Sq Ft (2003) with a deck, and full kitchen& 2bed/1bath 800Sq Ft (2006) BOTH OF THESE UNITS ARE RENTED!!! The RV slot can be renter for $500 per month!! ABSOLUTELY BEAUTIFUL PROPERTY! PRIVATE BEACH with paved boat ramp, fire pit, diving platform. THIS IS PROPERTY IS AN OASIS WITH VIEWS- Mountains and Lake front! Wonderfully manicured and maintained property. WELL water is on the property with an RV hook up, Small studio unit -unpermitted. Generate some Income and enjoy the peaceful paradise. Homes are currently rented $3000 per month and the Studio and RV slow can bring in an additional $1,100; THAT IS 4,100 POTENTIAL MONTHLY INCOME. THIS SITE IS READY TO GO= TURN KEY!
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Rooms
Other Rooms Storage
Interior
Heating Central
Cooling Central Air
Flooring Carpet
Fireplaces Type None
Fireplace No
Exterior
Parking Features Asphalt, Electric Gate, Gravel, Gated, RV Hook-Ups, RV Potential, RV Access/Parking, Shared Driveway, Uncovered
Pool None
Community Features Suburban
Utilities Available Sewer Connected
Waterfront Description Lake Front,Lake Privileges
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre, Paved
Foundation FHA Approved
Water Well
Additional Building Storage
Construction Status Turnkey
Others
Senior Community No
Tax ID 381080003
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with Jarrod Whitehorn • Jarrod Whitehorn, Broker