31760 Casino Drive Lake Elsinore, CA ^$ 9,440,000

31760 Casino Drive

^$ 9,440,000

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31760 Casino Drive

Lake Elsinore, CA, 92530

^$ 9,440,000

Bedrooms-- Baths-- Sq 32,000

Monthly Estimate*

^$ 58,893

Listed by ROBERT ARRIETA, BROKER

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Commercial Property for sale in Lake Elsinore, CA

for $9,440,000. This 32,000 square foot building was built in 1980 on a lot size of 2.51.

100% OCCUPIED STABALIZED ASSET, 2/3 COUNTY OF RIVERSIDE, OTHER LONG TERM TENANTS ARE RANCHO THERAPY & RENEWAL CHURCH. LOTS OF TI'S IN ALL SPACES. SOME UPSIDE STRATEGY AVAILABLE. FREEWAY EXPOSURE AND LAKE VEIW. APPROX 32,000 USABLE SQ FOOTAGE ON 2.51 ACRES.

Commercial Active

Price

^$ 9,440,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

2.51

Year Built

1980

Town/City

Lake Elsinore

County/Region

Riverside

MLS | Web ID

IV22178899

Days on Market

1,214

Features

General

Heating Central

Cooling Central Air

Roof Flat

Year Built 1980

Topography Level

Property Subtype Mixed Use

Additional Parcels Description 363171022 363171024 363171012 363171013 363171014

County Riverside

Net Operating Income 591042.11

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

Directions 15 FRWY ADJACENT AT RAILROAD CANYON EXIT MAKE GO SOUTH LEFT AT CASINO DR

City Lake Elsinore

MLS Area SRCAR - Southwest Riverside County

Lot Size Units Square Feet

Lot Size Square Feet 109335.6

Number of Units Leased 3

Listing Terms Cash Cash to New Loan 1031 Exchange

Additional Parcels Y/N 0

Building Area Units Square Feet

Standard Status Active

Occupancy Type Tenant

Year Built Source Estimated

Property Sub Type Additional Mixed Use

Cap Rate 6

Interior

Air Conditioning Y/N 1

Heating Y/N 1

Laundry Features See Remarks

Exterior

Fencing Block

Lot Features Near Public Transit Flat

Water Source Public

Lot Size Area 109335.6

Number of Buildings 1

Building Area Total 32000

Lot Size Acres 2.51

Lot Size Source Estimated

* Excluded Features

List By

Robert Arrieta, Broker

Broker

RanchoRobert@hotmail.com

Affordability Calculator

$58,893

Per Month

Monthly Principal & Interest: $58,893
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lake Elsinore, CA

Average List Price ^$1,028,700

Percent of Sale Price 89%

About Lake Elsinore, CA

67,316 Population

100% Since 2002

^$63,800 Median Income

32.98 Median Age

45% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/26/2025	$9,440,000		Listed Price

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31760 Casino Drive, Lake Elsinore, CA, 92530 is a Commercial Property for sale at $9,440,000 with 32,000 sqft and a lot size of 2.51. 31760 Casino Drive was built in 1980. The property's zip code is 92530 which is in Lake Elsinore, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/9/2025. 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.

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31760 Casino Drive

Commercial Property for sale in Lake Elsinore, CA

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