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150 E Lakeshore — Lake Elsinore — 2 Beds • 2 Baths • 800 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+7 more

$200,000

0 DOM

$250/sqft2 bd2 ba800 sqftHOA ~349/mo

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150 E Lakeshore Lake Elsinore, CA 92530

800sqft lot

Welcome to this charming 2-bedroom, 2-bath condo offering approximately 800 sq. ft. of comfortable living space, perfectly situated in a desirable senior community. This well-maintained residence features a functional layout designed for easy living, with abundant natural light and a cozy, inviting atmosphere. Residents enjoy access to a variety of community amenities, including a clubhouse, sparkling pool, and a quiet library—ideal for relaxation and socializing. Conveniently located right next to the local senior center, this home provides easy access to activities, services, and a vibrant community lifestyle. Investor opportunity! This property is being sold with a tenant already in place, offering immediate rental income and a hassle-free addition to your portfolio. Don’t miss this chance to own in a peaceful, amenity-rich community with strong investment potential.

MLS SW26078544

951-491-3333 (Office) Shastapiper14@gmail.com

Est. payment

$1,626/mo

Principal & interestTaxesInsuranceHOA

$1,011$208$58$349

Down %

Rate %

Years

Down payment: $40,000 · Total cost: $404,071

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$1,626/mo

Principal & interest: $1,011
Est. property tax: $208
Est. insurance: $58
HOA (normalized / mo): $349
Down payment: $40,000

Est. gross rent$833/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-793/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 9, 2026	$200,000	—

Facts & Features

Transaction Data

HOA Fee$349/monthly

Structure & Property

Year Built1964

951-491-3333 (Office) Shastapiper14@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

150 E Lakeshore, Lake Elsinore, CA 92530

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150 E Lakeshore Lake Elsinore, CA 92530

About this home

Shasta Piper

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Shasta Piper

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

150 E Lakeshore, Lake Elsinore, CA 92530

About This Property

Property Photos

150 E Lakeshore Lake Elsinore, CA 92530

About this home

Shasta Piper

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Shasta Piper

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.