Primary listing photo
Listing photo 2

118 N Main St, Lake Elsinore, CA, 92530

4beds
1baths
2,941sqft
$1,199,999
$408price/sqft
$7,853/moest. monthly cost
$314,120/yrincome needed

About This Home

Located in the heart of Lake Elsinore’s revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, café, professional office, or service business. Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return. Enjoy outstanding visibility and foot traffic thanks to the City’s ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements. Don’t miss this rare opportunity to invest in one of Southern California’s fastest-growing communities, where business meets lifestyle.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

3/10
Elsinore Middle SchoolGrades 6-80.8 mi
5/10
Elsinore High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1

Features

  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Central

Interior Area

  • Total structure area: 2,941
  • Total interior livable area: 2,941 sqft

Property

Details

  • Parcel number: 373024016
  • Special condition: Notice Of Default

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Ground
  • Pool features: None

Lot

  • Lot size: 3,920 sqft
  • Features: Walkstreet