Lake Elsinore, CA 92530,16459 Joy ST
Lake Elsinore, CA 92530,16459 Joy ST
Lake Elsinore, CA 92530,16459 Joy ST
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Listed by Vince Kwon • IRN Realty
$3,750,000
Est. payment /mo
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0.6 Acres Lot
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16459 Joy ST Lake Elsinore, CA 92530

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRTR26019025

Year Built 1984

Lot Size 0.600 Acres

Source California Regional MLS

Property Description

16459 Joy Street presents a compelling multifamily investment opportunity in Lake Elsinore, CA. This 10-unit property features spacious three-bedroom townhome-style units with premium amenities, including central air and heat, private patios, and in-unit laundry hookups. Residents appreciate the convenience of private two-car garages, driveways, and some units even featuring a carport. Strategically situated near Lake Elsinore's scenic waterfront, the property is within walking distance to Machado Elementary School and proximate to Lakeside High School. Riverside Drive offers easy access to local retailers, restaurants, and grocers, while Interstate 15 provides seamless connectivity to regional employment hubs. With two units currently vacant, this property is ideal for owner-occupants seeking a prime location with growth potential. A comprehensive renovation plan can unlock significant rental premiums, capitalizing on strong demand for quality multifamily housing in this desirable SoCal market.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Interior

Heating Central Forced Air

Laundry Gas Hookup, 30

Exterior

Parking Features Carport , Garage, Other

Garage Spaces 20.0

Pool None

Building

Water District - Public

Others

Tax ID 379132006

Special Listing Condition Not Applicable


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Alex Tai

Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321

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16459 Joy ST