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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
4 Beds
- 3 Baths
--sqft
176 Olive St, Lake Elsinore, CA 92530
$549,000
$2,733/moEst:
Get Pre-Approved
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...
Continue Reading- Houzeo last checked: 8 minutes ago
- Listing updated: July 20, 2026 at 6:43 pm
- Source: California Regional MLS-CA | MLS#: 260017737SD

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
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
| Date | Event | Price |
|---|---|---|
07/19/2026 Source: | Price Decreased | $549,000 -4.52% $0/sqft |
10/30/2025 Source: | Off Market | $575,000 $0/sqft |
10/30/2025 Source: | Listed for Sale | $575,000 $0/sqft |
10/21/2025 Source: | Price Decreased | $575,000 -8.00% $0/sqft |
04/06/2025 Source: | 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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