Southwest Riverside County (SRCAR) Homes with Apartment Subtype

Welcome to Southwest Riverside County, a vibrant and picturesque region of California that beautifully blends natural beauty with modern living. Nestled within Riverside County, Lake Elsinore is a charming city that offers a unique lifestyle, making it an ideal destination for homebuyers and investors alike.

Lake Elsinore is renowned for its stunning lake, which serves as a hub for outdoor recreation and leisure activities. Whether you enjoy boating, fishing, or simply soaking up the sun, the lake provides a perfect backdrop for your daily adventures. The surrounding mountains add to the area's allure, offering hiking trails and breathtaking views that are sure to inspire.

In this thriving community, you'll find a diverse array of homes, including those with apartment subtypes. These homes are perfect for families, investors, or anyone seeking additional living space. With flexible layouts and the potential for rental income, homes with apartment subtypes offer a unique opportunity to maximize your investment while enjoying the comforts of home. Imagine having a separate living area for guests, a home office, or even a rental unit to help with your mortgage payments!

The real estate market in Southwest Riverside County is on the rise, with new developments and amenities enhancing the area's appeal. From quaint shops and eateries to excellent schools and parks, Lake Elsinore has everything you need to create a fulfilling lifestyle.

Explore the charm of Lake Elsinore and discover the perfect home with an apartment subtype that meets your needs. Embrace the opportunity to live in a community that combines the serenity of nature with the conveniences of modern living. Your dream home awaits in Southwest Riverside County!

Newest Southwest Riverside County (SRCAR) Homes with Apartment Subtype

$2,050,000

IV26024597 MLS ⋅ Active Status

Rare opportunity to acquire a stabilized 14-unit multifamily asset in a prime Lake Elsinore location near the lake and within walking distance to downtown, dining, and shopping. The property features a desirable unit mix of four studios, six 1-bed/1-bath units, and four 2-bed/1-bath units, all currently tenant occupied and generating immediate income. Utilities are efficiently structured with separate gas and electric meters for each unit (14 total) and one shared water meter, helping reduce owner expenses. Situated on a large 18,730 sq ft lot across two APNs (374-173-002 & 374-173-003). No garage parking. Strong rental demand and consistent occupancy provide stable cash flow, with clear upside potential through rent increases. Recent capital improvements include a new roof, making this an excellent opportunity for investors seeking a value-add or long-term hold in a growing Inland Empire market with strong tenant appeal.

120 W Heald, Lake Elsinore

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