17797 Grand A & B
Property Description
Affordable duplex in Lake Elsinore with new vinyl fencing and each unit offers a private yard. Both units are 1BD/1BA, 400 sq ft (buyer to verify) clean, functional, and maintained, with strong rental appeal. Unit A totals $1,700/mo with rent and surcharges, and Unit B totals $1,461.80/mo. Gross annual income is approximately $37,941.60 with a reported net of $26,559.12, reflecting an estimated 5.7% cap rate at a $463,500 price (buyer to verify all figures). Plenty of parking on site. Located within walking distance to Lake Elsinore and Perret Park for boating, water sports, fishing, and outdoor recreation. Zoned commercial, offering additional possibilities for buyers with business needs-buyer to verify all uses with the City of Lake Elsinore. Suitable for investors or an owner-occupant who wants to live in one unit and rent the other. Buyer to verify all information, income, expenses, zoning, and feasibility. For more information text or call Wendy McGowan DRE 01446983 or Lelita Amick DRE 0055968.
Broker Details
Berkshire Hathaway HomeServices California Properties (951) 285-1768
MLS ID: TMCGOWEN State License Number: 01446983
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $462,530 |
| No. of Units: | 2 |
| Year Built: | 1947 |
| Opportunity Zone: | No |
| Price per unit: | $231,265 |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 2 |
ID: 3yd-MRMLSCA-SW26068596
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