Investment Opportunity, commercially zoned, in the unincorporated area of Lake Elsinore. This duplex income property is located in a community known for its extreme sports and outdoor activities. The property features two units, each with 1 bedroom, a 3/4 bath, a living room area, the kitchen, and a private fenced yard. The units, totaling 800 sq. ft. of living area, are older but in good condition. Each unit has separate electric meters, and shares meters for the other utilities. There are newly installed gas lines and new wall heaters in each unit. Window air conditioning units were installed by previous renters. The duplex sits on a 3,920 sq. ft. lot with ample parking space. Located within walking distance of the Lake and Perret Park, which backs up to the Lake. The community is a popular destination for paragliding, dirt bike riding, and hiking, as well as boating, waterskiing, fishing, and other water sports here in Lake Elsinore. The combination of commercial zoning and prime location offers diverse revenue streams and long-term growth potential. The new Lake Elsinore Marina and RV Resort area features modern amenities, including yurt rentals for tourists. For more information or to schedule a viewing, please contact us.
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Sold for $444,000 on 06/23/25
Listing Provided by:
Wendy McGowan DRE #01446983 909-996-9626,
Century 21 Masters
$444,000
17785 Grand Ave #A-B, Lake Elsinore, CA 92530
2beds
2baths
800sqft
Duplex
Built in 1947
-- sqft lot
$444,000 Zestimate®
$555/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 23, 2025 at 05:39pm
Listing Provided by:
Wendy McGowan DRE #01446983 909-996-9626,
Century 21 Masters
Bought with:
Darryl Self, DRE #01233529
SL Realty Service, Inc.
Source: CRMLS,MLS#: SW25021257
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Bedroom
- Features: All Bedrooms Down
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Range, Gas Water Heater
- Laundry: None
Features
- Ceiling Fan(s), All Bedrooms Down
- Flooring: Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 800
- Total interior livable area: 800 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway Level, On Site, Uncovered, Unpaved
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: living room
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: None
Lot
- Size: 3,920 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 381231003
- Zoning: C-1/C-P
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1947
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Lake
Location
- Region: Lake Elsinore
Other
Other facts
- Listing terms: Cash,FHA,Submit,VA Loan
- Road surface type: Paved
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$444,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$444,000