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16736 Joy Ave, Lake Elsinore, CA, 92530

2beds
2baths
999sqft
$459,000
$459price/sqft
$3,251/moest. monthly cost
$130,040/yrincome needed

About This Home

Charming single-story home situated on a spacious two-lot property, offering approximately 6,563 sq ft of land and 899 sq ft of living space. This 2-bedroom, 1.75-bath home features an updated HVAC system (less than 5 years old), solar with battery backup, and a versatile detached workshop converted into an approximately 100 sq ft office complete with electricity and air conditioning. The property also includes an open concrete carport, a separate front entrance to the second bedroom, and excellent ADU potential (buyer to verify with the City of Lake Elsinore), with the two-lot configuration potentially providing additional development opportunities. Conveniently located near shopping, dining, schools, parks, and commuter routes.

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

2/10
2/10
4/10
Lakeside High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1955

Materials

  • Roof: See Remarks
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Family Room

  • Features: Separate Family Room

Features

  • Eat-in Kitchen
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 999 sqft

Property

Details

  • Parcel number: 379191016
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 5,663 sqft
  • Features: Front Yard,Level,Paved

Parking

  • Total spaces: 1
  • Parking features: Carport,Driveway,On Site
  • Uncovered spaces: 1
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Wildfire
    WildfireVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Earthquake
Heat Wave

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,320$27,840
Home Insurance *$125$1,500
Property Taxes $408$4,896
Electricity $398$4,786
Total$3,251$39,012
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,462/yr
40% on housing$97,530/yr
45% on housing$86,693/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$459This listing

vs Other Active Listings

Avg $/sqft

ZIP 92530$301
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92530$301
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-01Listed for sale$459,000
2023-11-28Listing removed--
2023-11-03Listed for rent$2,400
2023-10-20Listing removed--
2023-09-16Price change$2,500
2023-08-22Listed for rent$2,700
2023-05-26Listing removed--
2023-05-22Listed for rent$2,700
2017-06-01Sold$25,300
2012-05-25Sold$88,000

For Sale by Agent

AgentStephanie Gutierrez
BrokerageHT Real Estate Investments Inc

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