1001 W Heald Lake Elsinore, CA ^$ 390,000

1001 W Heald

^$ 390,000

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Recently Listed

1001 W Heald

Lake Elsinore, CA, 92530

^$ 390,000

Studio Baths1.0 Sq 1,780

Monthly Estimate*

^$ 2,401

Listed by TIG Commercial, INC.

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Studio

Multi-Family Home for sale in Lake Elsinore, CA

for $390,000 with 1 full bath. This 1,780 square foot home was built in 1948 on a lot size of 0.28.

Unique 2 unit investment opportunity property zoned R2, fixer upper property with 2 units and one large property. The top unit was measured and appraised as 680 sf with 2 bedrooms 1 bath, kitchen is set up with washer and dryer hookups. This unit has its own electrical meter, its own separate parking and access with a massive walk off/wrap around deck that overlooks the lake!! The downstairs unit measured and appraised as 1100 sf with 2 bd, 1 bath and its own laundry room. This unit has an extra large entry and parking area that has so much usability the neighbors are all jealous of this property layout and size. This property is ready for its new owner to fix it up use one and rent the other, use both for multi generation family or a great rental investment.

Multi-Family Active

Price

^$ 390,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.28

Year Built

1948

Town/City

Lake Elsinore

County/Region

Riverside

MLS | Web ID

CV26079270

Days on Market

Features

General

Sewer Public Sewer

Heating Wall Furnace

Garage Spaces 0

Pool Features None

Year Built 1948

Stories Count 2

Levels Two

Property Subtype Duplex

Gross Income 0

Community Features Fishing Lake Water Sports

County Riverside

Net Operating Income 0

Operating Expense 0

Insurance Expense 2400

New Construction false

Property Type Residential Income

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions W heald and Lewis St N

City Lake Elsinore

Entry Location 2

Senior Community Y/N false

Open Parking Spaces 8

Number Of Units Total 2

MLS Area SRCAR - Southwest Riverside County

Lot Size Units Square Feet

Lot Size Square Feet 12197

Listing Terms Cash Trade

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 50

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Other

Tax Lot 2

Property Sub Type Additional Duplex

Interior

Total Stories 2

Common Walls 1 Common Wall

Heating Y/N true

Laundry Features In Kitchen Laundry Room

Entry Level 1

Exterior

Parking Features Asphalt Driveway Level Driveway Off Street Oversized

Lot Features 0-1 Unit/Acre Corner Lot Flag Lot Front Yard Irregular Lot Street Level

Water Source Public

Total Parking 8

Lot Size Area 12197

Number of Buildings 1

Building Area Total 1780

Lot Size Acres 0.28

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 2

* Excluded Features

List By

Tig Commercial, Inc.

Broker

archuletatig@outlook.com

Affordability Calculator

$2,401

Per Month

Monthly Principal & Interest: $2,401
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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

Multi-family listings in Lake Elsinore, CA

Average List Price ^$964,410

Percent of Sale Price 147%

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
4/13/2026	$390,000		Listed Price

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1001 W Heald, Lake Elsinore, CA, 92530 is a Multi-Family Home for sale at $390,000 with 1,780 sqft and a lot size of 0.28. 1001 W Heald is a studio with 1.0 baths and was built in 1948. 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 6.25% 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 4/15/2026. 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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1001 W Heald

Multi-Family Home for sale in Lake Elsinore, CA

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