415 N Main ST
Lake Elsinore, CA, 92530
$1,399,999
Beds
0 Baths
0 SqFt
0.21 Acres
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MLS #SW26136020 image #0
Exceptional 4-unit multifamily property (NEWER CONSTRUCTION encompassing 2 different and continuos parcels) offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This new and well-maintained asset features a mix of spacious units, solid tenant history, and consistent cash flow, making it an excellent addition to any investment portfolio. Positioned in a desirable area with access to major amenities and transportation, the property offers upside through rent optimization and strategic improvements. With its reliable performance and very low-vacancy track record, these buildings are perfectly suited for 1031 exchange buyers seeking a secure a replacement property. Investors will appreciate the steady NOI, professional management options, and long-term value in a high-demand rental market. The property encompases a newly constructed two-story, four-unit residential building designed with modern comfort, efficiency, and style in mind. Each unit features an open-concept layout with abundant natural light, and contemporary finishes throughout. The building includes two units on the ground floor and two units on the second level, each offering private entrances for added convenience and privacy. Thoughtfully crafted with durable materials and energy-efficient systems, the property boasts sleek kitchens with quality cabinetry, spacious living areas, well-appointed bedrooms, indoor laundry area, and a stylish bathroom. Exterior highlights include clean architectural lines, fresh landscaping, and parking spaces for residents. Opportunity for developing an additional 2 units exists. Site plan and elevations have been approved by the City of Lake Elsinore. A solid investment with upside for buyers looking to add value and capitalize on a classic multifamily asset in a desirable, well-positioned area.

Property Details

Price:
$1,399,999
MLS #:
SW26136020
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
srcarsouthwestriversidecounty
Listed Date:
Jun 23, 2026
Total Sq Ft:
3,829
Lot Size:
9,148 sqft / 0.21 acres (approx)
Year Built:
2024
Srcar – Southwest Riverside CountySrcarsouthwestriversidecountyNone

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Schools

Interior

Cooling
DUC
Heating
DUC
Laundry Features
IR, IN
Levels
U

Exterior

Common Walls
_1CW
Community Features
SUB
Spa Features
NO
View
NO

Financial

Net Operating Income
$66,130

Map

Community

Market Summary

Current real estate data for Single Family in Lake Elsinore as of Jun 27, 2026
319
Single Family Listed
69
Avg DOM
294
Avg $ / SqFt
$595,977
Avg List Price

Property Summary

    415 N Main ST Lake Elsinore CA is a Single Family for sale in Lake Elsinore, CA, 92530. It is listed for $1,399,999 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 2024. The average price per square foot for Single Family listings in Lake Elsinore is $294. The average listing price for Single Family in Lake Elsinore is $595,977.

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415 N Main ST
Lake Elsinore, CA