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Multi family home for sale at 176 Olive St, Lake Elsinore, CA 92530 | MLS# 260017737SD | Listing updated on 2026-07-20
Photo 1 of Multi family home for sale at 176 Olive St, Lake Elsinore, CA 92530 | MLS# 260017737SD | Listing updated on 2026-07-20
Photo 2 of Multi family home for sale at 176 Olive St, Lake Elsinore, CA 92530 | MLS# 260017737SD | Listing updated on 2026-07-20
Photo 3 of Multi family home for sale at 176 Olive St, Lake Elsinore, CA 92530 | MLS# 260017737SD | Listing updated on 2026-07-20
Photo 4 of Multi family home for sale at 176 Olive St, Lake Elsinore, CA 92530 | MLS# 260017737SD | Listing updated on 2026-07-20
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Listed by: Summer Rampersad (415) 654-9108 DRE #01833785 | Colleen K. Cotter (619) 804-6840

$549,000

Monthly Est:$2,733

  • Beds Icon4 Beds
  • Beds Icon
    3 Baths
  • Beds Icon--sqft

176 Olive St, Lake Elsinore, CA 92530

$2,733/moEst:

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  • Multi Family

  • Built in 1924

  • $-- HOA

  • 17,424 sqft lot

  • --/sqft

Description

Investor Special in Lake Elsinore! Rare opportunity to own a 3-unit multifamily property just one block from the town center, featuring lake views and situated on a large 17,000 sq. ft. lot. The property includes a 1BR/1BA unit, a studio, and a 2BR/1BA upper unit. When fully occupied, the property generates approximately $46000 + a year in rental income in current condition. 3 units are currently rented, one on a month-to-month basis and one with 4 months remaining on the lease. Hold to increase rental income or explore the development potential for more units or two separate building, ADU. Property is being sold as-is. Excellent location near downtown Lake Elsinore, sc...

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  • Houzeo last checked: 8 minutes ago
  • Listing updated: July 20, 2026 at 6:43 pm
  • Source: California Regional MLS-CA | MLS#: 260017737SD California Regional MLS-CA

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Building
176 Olive St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Riverside County

  • City

    Lake Elsinore

  • Neighborhood

    --

  • Year Built

    1924

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    17,424 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    260017737SD

  • MLS Status

    Active

  • Days on Market

    62

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 3

Interior

  • Cooling

    None

Construction

  • Year Built

    Year Built: 1924

  • Home type

    Multi Family

  • Roof

    Rolled Hot Mop

Other Features

  • Subdivision Name

    San Diego

  • Tenant Pays

    Electricity, Water

  • Disclosures

    Unincorporated

Price History

DateEventPrice

07/19/2026

Source: mls_logoCalifornia Regional MLS-CA #260017737SD

Price Decreased

$549,000 -4.52%

$0/sqft

10/30/2025

Source: mls_logoCalifornia Regional MLS-CA #250042311SD

Off Market

$575,000

$0/sqft

10/30/2025

Source: mls_logoCalifornia Regional MLS-CA #250042311SD

Listed for Sale

$575,000

$0/sqft

10/21/2025

Source: mls_logoCalifornia Regional MLS-CA #250042311SD

Price Decreased

$575,000 -8.00%

$0/sqft

04/06/2025

Source: mls_logoCalifornia Regional MLS-CA #NDP2503305

Off Market

$625,000

$0/sqft

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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 21, 2026, 03:45AM 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.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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