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33384 Adelfa St, Lake Elsinore, CA, 92530

2beds
2baths
1,152sqft
$438,000
$380price/sqft
$3,117/moest. monthly cost
$124,680/yrincome needed

About This Home

Well maintained Lake Elsinore duplex offering strong income with upside, featuring two 1 bedroom, 1 bathroom units. The upper unit is tenant occupied and stabilized at $1,400 per month and enjoys lake views, while the lower unit is vacant, recently updated with fresh paint, newer appliances, and updated kitchen cabinetry, and can achieve an estimated rent of $1,500 per month. The lower unit also includes a rare 2 car detached garage, adding significant rental appeal. Ideal for investors or owner occupants seeking immediate cash flow in a convenient Lake Elsinore location near shopping, dining, and freeway access. Detached 2 car garage offers potential ADU conversion, buyer to verify zoning, permits, and feasibility with the City of Lake Elsinore. Property also includes a detached storage structure that is part of the property and provides additional usable space.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

2/10
Lakeland Village SchoolGrades K-81.8 mi
4/10
Lakeside High SchoolGrades 9-122.9 mi

Construction

Condition

  • Property condition: Turnkey
  • Year built: 1951

Materials

  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Disposal,Gas Range,Water Heater
  • Laundry features: Outside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Electric,Heat Pump

Interior Area

  • Total structure area: 1,152
  • Total interior livable area: 1,152 sqft

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 383073014
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One,Two
  • Stories: 1
  • Entry location: Front
  • Pool features: None
  • Has view: Yes
  • View description: Bluff,Lake,Mountain(s)
  • Has water view: Yes
  • Water view: Lake

Lot

  • Lot size: 9,583 sqft
  • Features: Back Yard

Parking

  • Total spaces: 6
  • Parking features: Carport,Door-Single,Driveway,Garage Faces Front,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 3
  • Uncovered spaces: 3
  • Carport: Yes
  • Carport spaces: 1