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18487 Grand
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Single Family Residence 
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18487 Grand 
$624,999
Offered at
Lake Elsinore, CA 92530
Riverside County
7
Beds
4
Baths
3,300
Sq Ft
93,654
Lot Sq Ft
1925
Year Built
Discover an exceptional multi-unit investment and development opportunity located at 18487 Grand Ave in Lake Elsinore. Offered at $624,999, this unique property sits on over 3 acres of beautiful, development-ready land, presenting a rare blend of immediate rental income potential and expansive space to realize a…
Discover an exceptional multi-unit investment and development opportunity located at 18487 Grand Ave in Lake Elsinore. Offered at $624,999, this unique property sits on over 3 acres of beautiful, development-ready land, presenting a rare blend of immediate rental income potential and expansive space to realize a grander vision. This versatile property features four total income-producing units, providing a highly desirable mix for seasoned investors or those looking to offset their mortgage. The residential layout includes two one-bedroom, one-bathroom units, a comfortable two-bedroom, one-bathroom unit, and a spacious three-bedroom, two-bathroom home. This flexible arrangement is perfect for generating multiple streams of cash flow or accommodating multi-generational living. Nestled in a great central location, the sprawling three-plus acre lot serves as the perfect canvas to build your dream home or expand your real estate portfolio. Residents will enjoy stunning, panoramic mountain views and a peaceful atmosphere while remaining conveniently close to local shopping, dining, and community amenities. Whether you are looking for a cash-flowing asset or the perfect site to make your development dreams come true acre by acre, this property delivers unbeatable value and potential. Opportunities featuring multiple units on this much usable land are incredibly rare. Don't miss your chance to secure a significant piece of Lake Elsinore real estate!
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Has cooling: No
Appliances
- Laundry: Laundry Room
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,300 sqft
Property
Parking
- Total spaces: 0
- Parking features: Driveway, Pull Through, Rv Potential, Rv Access Parking, Unpaved
- Garage spaces: 0
Features
- Stories: 1
- Has private pool: No
- Fencing: Chain Link
- Has view: Yes
- View features: Mountains
Lot
- Size: 2.15 Acres
- Features: Back Yard, Horse Property, Rectangular Lot, Ranch
Details
- Parcel number: 371200026
Construction
Type & style
- Home type: Residential
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- Year built: 1925
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Inland Valley Realty · Listing Agent: Christopher Metcalf · 951-285-0606 · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
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18487 Grand, Lake Elsinore, CA 92530
951-528-0626
mike@mzhomes.us
mzhomes.us
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