Lake Elsinore, CA 92530,16459 Joy ST
Lake Elsinore, CA 92530,16459 Joy ST
Lake Elsinore, CA 92530,16459 Joy ST
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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$ 3,750,000
Est. payment | /mo

0.6 Acres Lot


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$ 3,750,000
Est. payment | /mo
Save

0.6 Acres Lot

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26019025

HOA Y/N No

Year Built 1984

Lot Size 0.600 Acres

Property Sub-Type Mixed Use

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

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Carport, Driveway, Garage

Garage Spaces 18.0

Carport Spaces 2

Garage Description 18.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 20

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 379132006

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Vince Kwon IRN Realty 626-374-5121

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16459 Joy ST

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