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16459 Joy St
Lake Elsinore, CA 92530

Multifamily Property For Sale · 10 Units

Investment Highlights

  • Part of a Two-Property, 42-Unit Portfolio Sale - Adjacent Property Consists of 32 Units
  • Each Unit has Either a Direct Access Two-Car Enclosed Garage or Single-Car Enclosed Garage with a Tuck-Under Space
  • Short Walk to Machado Elementary School – Located Just North of the Subject Property
  • All Units are Large Three Bedroom / Two & One Quarter Bath Townhomes with ±1,450 SF
  • Units Feature: Central A/C & Heat, Washer / Dryer Hook-Ups, Individual Water Heaters, Fireplaces, and Enclosed Patios
  • Situated within a Few Blocks of the Entrance / Boat Dock to Lake Elsinore

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.60 AC
Building Size 14,500 SF
No. Stories 2
Year Built 1983
Parking Ratio 1.38/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Fireplace
  • Washer/Dryer Hookup
  • Heating
  • Patio

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 10 - 1,450

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
379-132-006
Land Assessment
$1,020,000
Improvements Assessment
$892,500
Total Assessment
$1,912,500

zoning

Zoning Code CP
CP
  • Listing ID: 31302986

  • Date on Market: 3/22/2024

  • Last Updated:

  • Address: 16459 Joy St, Lake Elsinore, CA 92530

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