Do Real Estate on the Go!
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Listed by: Summer Rampersad (415) 654-9108 DRE #01833785 | Colleen K. Cotter (619) 804-6840
$575,000
3 Beds
3 Baths
--sqft
176 Olive St, Lake Elsinore, CA 92530
$575,000
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Multi Family
Built in 1924
$-- HOA
17,424 sqft lot
--/sqft
Description
Investor Special in Lake Elsinore! 176 Olive Street offers a 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 (vacant). When fully occupied, the property generates approximately $46000 a year in rental income. Two units are currently rented, one on a month-to-month basis and one with 4 months remaining on the lease. Quick fix and hold to increase rental income or explore the development potential for multiple units or two separate buildings (buyer to verify with city). Property is being sold a...
Continue Reading- Houzeo last checked: 20 Minutes ago
- Listing updated: November 22, 2025 at 4:21 pm
- Source: California Regional MLS-CA | MLS#: 250042311SD
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
250042311SD
MLS Status
Active
Days on Market
44
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