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Closed
- Listed price
- $699,000
- Listed May 15, 2014 · $219/sq ft
- Sold price
- $630,000
- Sold Oct 30, 2015
5 beds|5 ba|3,194 sqft|49,658 sqft lot|1991 Built|340 MLS days on market
34667 Borchard Rd, Lake Elsinore, CA 92530
Property Description
Amazing opportunity to own this 4 home compound in the hills above Lake Elsinore and the airport. Total of 6 units plus garages generate $6000 every month in rental income! Solar panels on 2 of the structures fully paid for! Main house is a very nice, large home with private yard and a beautiful swimming pool. Main home has 5 bedrooms, 4 bathrooms. Very nice floorplan with master retreat separate from the other bedrooms. Kitchen has stainless appliances and large center island. 3 other homes include a triplex property, a manufactured home, and a raised single level home with 3 garages that rent for even more. Private location with great views, low taxes and no HOA. Run the numbers on this. Amazing rental return for the investment. You wont find better numbers for this price! Sits on a total of over 2 acres. Purchase is for two APN numbers and is also 34655 Borchard Rd.
Listing agent: Goran ForssDRE #01711806goran@teamforss.com, Listing office: Allison James Estates & Homes
MLS data updated 10/31/2026, 1:14:49 AM PT
Source: CRMLSMLS #: SW14101601
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$630,000
Oct 30, 2015
Available records32014–2015
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 · Oct 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
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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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MLS records may be incomplete. Earlier asking prices are not sale prices.