Listing provided courtesy of SUSANA FRANCO of GOLDEN EAGLE PROPERTIES. Last updated . Listing information © 2025 Sandicor.

Asking Price: $2,100,000 | Active​​​​​​​

120 Heald Avenue, Lake Elsinore CA 92530

Community: ​


This ResidentialIncome property was built in and is priced at $2,100,000. Please see the additional details below.
  • 0 Sq Ft
  • 3 bathrooms
  • 3 bedrooms
  • MLS#: 306451802
  • Type: ResidentialIncome
  • Year Built:
Investment Opportunity 14-Unit Multifamily Property in LAKE ELSINORE! Rare opportunity to acquire a well-maintained 14-unit multifamily property featuring a strong unit mix: four studios (0 bed / 1 bath), six one-bedroom units (1 bed / 1 bath), and four two-bedroom units (2 bed / 1 bath). All units are unfurnished and currently tenant-occupied, with no garage parking. The property is separately metered for electricity and gas (14 meters each) with one shared water meter, offering efficient utility management. Situated on a generous 18,730 sq ft lot (APNs: 374-173-002 and 374-173-003), the property is ideally located close to the lake and within walking distance to downtown, restaurants, and local shops. This prime location enhances tenant appeal and supports long-term rental stability. With consistent occupancy and strong rental demand, this property offers significant upside potential through rent increases and is ideal for investors seeking income stability and long-term growth in a high-demand market.

Call or Email The Koop Group now to inquire about this property

619.985.8722