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Listed by: Vince Kwon (626) 374-5121 DRE #01778421 | IRN Realty (626) 322-2900
$4,000,000
Monthly Est:$19,909
30 Beds
30 Baths
14,500sqft
16459 Joy St, Lake Elsinore, CA 92530
$4,000,000
$19,909/moEst:
Get Pre-Approved
Mixed Use
Built in 1984
$-- HOA
26,136 sqft lot
$276/sq.ft
Description
16459 Joy Street presents a compelling multifamily investment opportunity in Lake Elsinore, CA. This 10-unit property features spacious three-bedroom townhome-style units with premium amenities, including central air and heat, private patios, and in-unit laundry hookups. Residents appreciate the convenience of private two-car garages, driveways, and some units even featuring a carport.
Strategically situated near Lake Elsinore's scenic waterfront, the property is within walking distance to Machado Elementary School and proximate to Lakeside High School. Riverside Drive offers easy access to local retailers, restaurants, and grocers, while Interstate 15 provides seamless connectivity to regional employment hubs.
With two units currently vacant, this property is ideal for owner-occupants seeking a prime location with growth potential. A comprehensive renovation plan can unlock significant rental premiums, capitalizing on strong demand for quality multifamily housing in this desirable SoCal market.
- Houzeo last checked: 12 hours ago
- Listing updated: October 2, 2026 at 12:52 am
- Source: California Regional MLS-CA | MLS#: TR26214538
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1984
HOA Fees
-
Finished Area
14,500 sqft
Lot Size
26,136 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
TR26214538
MLS Status
Active
Days on Market
11
Cumulative Days on Market
231
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 30
Bathrooms: 30
Interior
Sewer
Public Sewer
Heating
Central
Utilities & Energy
Pool Features
None
Water Source
Public
Laundry Features
Washer Hookup, Gas Dryer Hookup
Parking Features
Carport, Driveway, Garage
Other Features
Tenant Pays
Electricity, Gas, Water
Community Features
Curbs, Gutters, Sidewalks
Lot Features
Zero To One Unit Acre
Price History
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Listed for Sale | $4,000,000 $276/sqft |
08/05/2026 Source: | Off Market | $4,000,000 $276/sqft |
04/09/2026 Source: | Price Increased | $4,000,000 +6.67% $276/sqft |
01/26/2026 Source: | Listed for Sale | $3,750,000 $259/sqft |
01/26/2026 Source: | Off Market | $3,750,000 +36.36% $259/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 12, 2026, 10:30AM 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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