16459 Joy Street, Lake Elsinore, CA 92530

Lake Elsinore
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
16459 Joy Street,Lake Elsinore, CA 92530
$4,000,000
  • - Beds
  • - Baths
  • 14,500 sq. ft.
  • Multi-family
  • Active
Listed by: vince kwon
Office: irn realty626-322-2900
MLS#:TR26076531
Source:CRMLS

Price summary

  • Price:$4,000,000
  • Price per sq. ft.:$275.86

About this home

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...

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Home facts

  • Year built:1984
  • Listing ID #:TR26076531
  • Added:23 day(s) ago
  • Updated:May 03, 2026 at 10:30 AM

Rooms and interior

  • Living area:14,500 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:1984
  • Building area:14,500 sq. ft.
  • Lot area:0.6 Acres
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,000,000
  • Price per sq. ft.:$275.86

Parking

  • Total parking spaces:20
  • Parking description:2 Carport Space(s), Carport, Driveway, Garage
  • Garage:Yes
  • Garage spaces:18
  • Carport spaces:2
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