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Affordable duplex in Lake Elsinore with new vinyl fencing and each unit offers a private yard. Both units are 1BD/1BA, 400 sq ft (buyer to verify) clean, functional, and maintained, with strong rental appeal. Unit A totals $1,700/mo with rent and surcharges, and Unit B totals $1,461.80/mo with rent and surcharges. Gross annual income is approximately $37,941.60 with a reported net of $26,559.12, reflecting an estimated 5.7% cap rate at a $463,500 price (buyer to verify all figures). Plenty of parking on site. Located within walking distance to Lake Elsinore and Perret Park for boating, water sports, fishing, and outdoor recreation. Zoned commercial, offering additional possibilities for buyers with business needs—buyer to verify all uses with the City of Lake Elsinore. Suitable for investors or an owner-occupant who wants to live in one unit and rent the other. Buyer to verify all information, income, expenses, zoning, and feasibility.
Listing agent: Wendy McGowan DRE #01446983 WendyMcGowan1@gmail.com, Listing office: Century 21 Masters
MLS data updated 10/17/2026, 12:26:31 AM PT
Source: CRMLS, MLS #: SW26068596
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 24, 2026
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This home · nearest recorded event
$462,530Asking price recorded · Sep 24, 2026ZIP 92530 · Sep 2026
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