118 N Main Lake Elsinore, CA $ 1,398,888
118 N Main
$ 1,398,888
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118 N Main

Lake Elsinore, CA, 92530
$ 1,398,888
Baths0.0 Sq 1,104

Monthly Estimate*

$ 8,727

Listed by ReMax Sky
118 N Main, Lake Elsinore, CA 92530 - Image 1
118 N Main, Lake Elsinore, CA 92530 - Image 2
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Studio

Multi-Family Home for sale in Lake Elsinore, CA

for $1,398,888. This 1,104 square foot home was built in 1920 on a lot size of 0.09.

Located in the heart of Lake Elsinore’s revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, café, professional office, or service business. Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return. Enjoy outstanding visibility and foot traffic thanks to the City’s ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements. Don’t miss this rare opportunity to invest in one of Southern California’s fastest-growing communities, where business meets lifestyle.

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Multi-Family Active

Price

$ 1,398,888

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.09

Year Built

1920

Town/City

Lake Elsinore

County/Region

Riverside

MLS | Web ID

DW25237444

Days on Market

71

Features
General
Sewer Public Sewer
Heating Central
Garage Spaces 0
Pool Features None
Year Built 1920
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 0
Community Features Curbs Street Lights
County Riverside
Net Operating Income 0
Operating Expense 0
Insurance Expense 100
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Notice Of Default
Status Active
Directions N. Main street and E. Graham Ave
City Lake Elsinore
Entry Location Ground
Senior Community Y/N false
Number Of Units Total 1
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 3920
Listing Terms Cash Conventional
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 100
Fuel Expense 100
Trash Expense 100
Water Sewer Expense 100
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 4
Property Sub Type Additional Mixed Use
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Interior
Total Stories 2
Common Walls No Common Walls
Heating Y/N true
Laundry Features None
Entry Level 0
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Exterior
Lot Features Walkstreet
Water Source Public
Total Parking 0
Lot Size Area 3920
Number of Buildings 1
Building Area Total 1104
Lot Size Acres 0.09
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Remax Sky

Broker

ollukylopez@gmail.com

Email

Affordability Calculator

$8,727
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,727
Monthly Property Taxes
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2025$1,398,888 -6.74% Price Down
11/20/2025$1,500,000 Listed Price

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118 N Main, Lake Elsinore, CA, 92530 is a Multi-Family Home for sale at $1,398,888 with 1,104 sqft and a lot size of 0.09. 118 N Main is a studio with 0.0 baths and was built in 1920. The property's zip code is 92530 which is in Lake Elsinore, CA