Southwest Riverside County (SRCAR) Homes with Apartment Subtype

Welcome to Southwest Riverside County, a vibrant and picturesque region that beautifully blends natural beauty with suburban charm. Nestled in Riverside County, Lake Elsinore is one of the area’s gems, offering a unique lifestyle that appeals to everyone from young families to retirees. Known for its stunning lake and breathtaking mountain views, this area is perfect for those who love the great outdoors, with ample opportunities for hiking, boating, and enjoying nature.

In Lake Elsinore, the real estate market is diverse, with a special focus on homes with apartment subtypes. These properties are ideal for multi-generational living or for those seeking additional rental income. Imagine the possibilities of owning a home that not only provides you with a comfortable living space but also features an apartment that can serve as a guest suite, an office, or a rental unit. This flexibility is perfect for the modern homeowner, allowing for both privacy and community.

The homes in this area often boast spacious layouts and modern amenities, catering to a range of lifestyles. From cozy single-family homes to more expansive properties, you’ll find something that fits your needs. The community is friendly and welcoming, with excellent schools, parks, and recreational activities just a stone's throw away.

Living in Southwest Riverside County means embracing a lifestyle filled with adventure and tranquility. Whether you're exploring the scenic Lake Elsinore or enjoying the vibrant local culture, this region truly has it all. Come discover your dream home in this beautiful corner of California!

Newest Southwest Riverside County (SRCAR) Homes with Apartment Subtype

$2,050,000

IV26024597 MLS ⋅ Active Status

Rare opportunity to acquire a stabilized 14-unit multifamily asset in a prime Lake Elsinore location near the lake and within walking distance to downtown, dining, and shopping. The property features a desirable unit mix of four studios, six 1-bed/1-bath units, and four 2-bed/1-bath units, all currently tenant occupied and generating immediate income. Utilities are efficiently structured with separate gas and electric meters for each unit (14 total) and one shared water meter, helping reduce owner expenses. Situated on a large 18,730 sq ft lot across two APNs (374-173-002 & 374-173-003). No garage parking. Strong rental demand and consistent occupancy provide stable cash flow, with clear upside potential through rent increases. Recent capital improvements include a new roof, making this an excellent opportunity for investors seeking a value-add or long-term hold in a growing Inland Empire market with strong tenant appeal.

120 W Heald, Lake Elsinore

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.