16465 Joy St | Lake Elsinore, CA 92530
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16465 Joy St
Lake Elsinore, CA 92530
Multifamily Property For Sale · 32 Units
Investment Highlights
- Part of a Two-Property, 42-Unit Portfolio Sale - Adjacent Property Consists of 10 Units
- Desirable Mix: 5, One-Bedroom & 27, Two-Bedroom Units
- Short Walk to Machado Elementary School – Located Just North of the Subject Property
- New Roofs, Upgraded Pool, Plumbing & Landscaping
- Two-Story, Garden-Style Building with Covered Parking, Pool & On-Site Laundry
- Situated Within a Few Blocks of the Entrance / Boat Dock to Lake Elsinore
PROPERTY FACTS
| No. Units | 32 | Lot Size | 1.17 AC |
| Property Type | Multifamily | Building Size | 29,400 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1979 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.17 AC |
| Building Size | 29,400 SF |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 1.5/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Ceiling Fans
- Satellite TV
- Range
- Walk-In Closets
- Carpet
- Yard
- Patio
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 750 |
| 2+2 | 27 | - | 950 |
PROPERTY TAXES
| Parcel Number | 379-132-009 | Improvements Assessment | $4,080,000 |
| Land Assessment | $2,040,000 | Total Assessment | $6,120,000 |
PROPERTY TAXES
Parcel Number
379-132-009
Land Assessment
$2,040,000
Improvements Assessment
$4,080,000
Total Assessment
$6,120,000
zoning
| Zoning Code | R3, Lake Elsinore |
| R3, Lake Elsinore |
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