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Closed
- Listed price
- $1,100,000
- Listed Sep 10, 2017
- Sold price
- $1,100,000
- Sold Mar 8, 2018
38,768 sqft lot|2009 Built|101 MLS days on market
16475 Lakeshore Dr, Lake Elsinore, CA 92530
Property Description
This 2009 constructed multi-tenant strip retail building is situated in the heart of Lake Elsinore, CA. This property features 6,101 square foot building residing on a 40,075 square foot lot on busy Lakeshore Drive. it is divided into 5 separate retail units which range from 1,167 to 1,300 square feet. Each unit includes a restroom, lighting, drop ceilings and HVAC. Recently completed in 2009, a price is below replacement cost. The Property is part of Lakeshore Plaza, anchored by Rite Aid Pharmacy, and is located at the signalized corner of Lakeshore Drive and Machado St. Cap rate is a projection with 100% occupancy is %6.36.
Listing agent: Ragaey EstefanDRE #01742830rss1985@hotmail.com, Listing office: Jousting Real Estate
MLS data updated 11/2/2026, 9:16:10 AM PT
Source: CRMLSMLS #: OC17209357
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,100,000
Mar 8, 2018
Available records32017–2018
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92530 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92530 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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