* 3 UNITS * GREAT LOCATION * INVESTMENT OPPORTUNITY * This investment property offers 1 house and 1 duplex (2 - 1 bed/ 1 bath units). This is a FIXER UPPER opportunity. Located close to downtown Lake Elsinore which ensures convenient access to the city's amenities, including shops, restaurants, and cultural attractions, all within minutes from the property. This property is perfect for owner occupied, rental income, or both. Come see what opportunity awaits with this diamond in the rough.
Sold for $475,000 on 07/01/25
Listing Provided by:
Louis Zember DRE #01922973 760.427.1000,
Zember Realty Group
$475,000
311 W Heald Ave, Lake Elsinore, CA 92530
--beds
--baths
2,212sqft
Triplex
Built in 1924
-- sqft lot
$-- Zestimate®
$215/sqft
$1,523 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 12:46pm
Listing Provided by:
Louis Zember DRE #01922973 760.427.1000,
Zember Realty Group
Bought with:
Jose Rosales, DRE #01971186
Century 21 Allstars
Source: CRMLS,MLS#: SW25101500
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- See Remarks
Cooling
- See Remarks
Appliances
- Laundry: See Remarks
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,212
- Total interior livable area: 2,212 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 7,841 sqft
- Features: Level
Details
- Parcel number: 374161014
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Foundation: See Remarks
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: Lake Elsinore
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Road surface type: Paved
Services availability

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