Lake Elsinore Homes with Apartment Subtype

Welcome to the vibrant city of Lake Elsinore, nestled in the heart of Riverside County, California. Known for its breathtaking natural beauty and endless recreational opportunities, Lake Elsinore offers a unique blend of small-town charm and modern amenities.

For those looking to call Lake Elsinore home, the city's diverse real estate market includes a variety of homes with the sought-after Apartment subtype. Whether you're a first-time buyer, a growing family, or an investor, these properties offer a convenient and flexible living option.

With the Apartment subtype, residents can enjoy the convenience of shared amenities, such as swimming pools, fitness centers, and community spaces, while still having the privacy of their own living space. These homes are ideal for those seeking a low-maintenance lifestyle without sacrificing comfort and style.

Whether you're drawn to Lake Elsinore for its stunning lake views, outdoor recreational opportunities, or vibrant community events, finding a home with the Apartment subtype can provide the perfect balance of convenience and comfort in this bustling city.

Discover the endless possibilities that Lake Elsinore has to offer and find your dream home with the Apartment subtype today.

Newest Lake Elsinore 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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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.