Tyler Leeson
This listing was posted on RealtyWW.
$7,200,000
Home For Sale In Lake Elsinore, California
Price:
$7,200,000
BR/BA:
10+ BA
Location:
16465 Joy St, Lake Elsinore, CA
Description:
16465 Joy Street is a 32-unit multifamily investment property located in Lake Elsinore, California. Built in 1979, 16465 Joy Street features a desirable mix of one and two-bedroom floorplans on a spacious 1.17-acre parcel. The property offers amenities including private patios and balconies, a recently upgraded swimming pool, and an on-site laundry facility. Furthermore, the property offers ample covered and surface parking, with a parking ratio of 1.375 spaces to units. 16465 Joy Street benefits from its optimal Lake Elsinore location, situated just half-a-mile from the lake. The property is situated within walking distance of Machado Elementary School, and just under one mile from Lakeside High School. Additionally, the property is located near Riverside Drive (74), a major thoroughfare for the area, providing residents with convenient access to retailers, restaurants, and grocers. Furthermore, 16459 Joy Street provides residents with convenient access to Interstate 15, connecting residents to employment hubs in the surrounding cities of Corona, Riverside, Murrieta, and Temecula. Available in conjunction with the adjacent 10-unit property located at 16459 Joy Street, this portfolio represents a unique opportunity to acquire a sizable footprint in the direct vicinity of Lake Elsinore. A new owner could capitalize on this attractive location through the completion of a comprehensive interior and exterior renovation plan, thereby achieving significant rental premiums.For more details: https://realtyww.info/homes_california-r782046/for-sale_i69909711
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More About this Listing: Home For Sale In Lake Elsinore, California
Home For Sale In Lake Elsinore, California is a 10 Bathroom, 10+ BA, 59 Bathroom Single-Family Homes for Sale at 16465 Joy St in Lake Elsinore CA. Find other listings like Home For Sale In Lake Elsinore, California and listings near 16465 Joy St by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 59 Bathroom Single-Family Homes for Sale in Lake Elsinore CA.
Home For Sale In Lake Elsinore, California is a 10 Bathroom, 10+ BA, 59 Bathroom Single-Family Homes for Sale at 16465 Joy St in Lake Elsinore CA. Find other listings like Home For Sale In Lake Elsinore, California and listings near 16465 Joy St by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 59 Bathroom Single-Family Homes for Sale in Lake Elsinore CA.