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Price Drop: $202K (10/02)
Street View
Listed by: Olluky Lopez (562) 205-3484 DRE #02040124, Joey O'neill DRE #01377147 | ReMax Sky (800) 406-4106
$998,000
Monthly Est:$4,967
4 Beds
1 Bath
2,941sqft
118 N Main, Lake Elsinore, CA 92530
$998,000
$4,967/moEst:
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Mixed Use
Built in 1920
$-- HOA
3,920 sqft lot
$339/sq.ft
Description
Located in the heart of Lake Elsinore’s revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, café, professional office, or service business.
Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return.
Enjoy outstanding visibility and foot traffic thanks to the City’s ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements.
Don’t miss this rare opportunity to invest in one of Southern California’s fastest-growing communities, where business meets lifestyle.
- Houzeo last checked: 6 hours ago
- Listing updated: October 2, 2026 at 4:26 pm
- Source: California Regional MLS-CA | MLS#: DW25237444
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1920
HOA Fees
-
Finished Area
2,941 sqft
Lot Size
3,920 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
DW25237444
MLS Status
Active
Days on Market
6
Cumulative Days on Market
354
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathroom: 1
Interior
Sewer
Public Sewer
Heating
Central
Utilities & Energy
Water Source
Public
Laundry Features
None
Pool Features
None
Other Features
Community Features
Curbs, Street Lights
Lot Features
Walkstreet
Price History
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Price Decreased | $998,000 -16.83% $339/sqft |
05/05/2026 Source: | Price Decreased | $1,199,999 -14.22% $408/sqft |
12/01/2025 Source: | Price Decreased | $1,398,888 -6.74% $476/sqft |
10/10/2025 Source: | Price Increased | $1,500,000 +7.23% $510/sqft |
10/10/2025 Source: | Listed for Sale | $1,398,888 $476/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 11:00AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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