Pending

415 N Main

Lake Elsinore, CA 92530
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$1,299,999 $5,480/Mo
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Bed 0

Bed

Bath 0

Bath

SqFt3,829

Sqft

SqFt13,488

Sqft(Lot)

Exceptional 4-unit multifamily property (NEWER CONSTRUCTION encopassing 2 diffrent and continious parcels) offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This new and well-maintained asset features a mix of spacious units, solid tenant history, and consistent cash flow, making it an excellent addition to any investment portfolio. Positioned in a desirable area with access to major amenities and transportation, the property offers upside through rent optimization and strategic improvements. With its reliable performance and very low-vacancy track record, these buildings are perfectly suited for 1031 exchange buyers seeking a secure a replacement property. Investors will appreciate the steady NOI, professional management op tions, and long-term value in a high-demand rental market. The property encompases a newly constructed two-story, four-unit residential building designed with modern comfort, efficiency, and style in mind. Each unit features an open-concept layout with abundant natural light, and contemporary finishes throughout. The building includes two units on the ground floor and two units on the second level, each offering private entrances for added convenience and privacy. Thoughtfully crafted with durable materials and energy-efficient systems, the property boasts sleek kitchens with quality cabinetry, spacious living areas, well-appointed bedrooms, indoor laundry area, and a stylish bathroom. Exterior highlights include clean architectural lines, fresh landscaping, and parking spaces for residents. Opportunity for developing an additional 2 units exists. Site plan and eleveations have been approved by the City of Lake Elsinore. A solid investment with upside for buyers looking to add value and capitalize on a classic multifamily asset in a desirable, well-positioned area.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,299,999

AD Id : 71167274

MLS Id : SW25277146

Lot Size : 13,488 Sqft

Living Area Size : 3,829

Year Built : 2024

County : Riverside

  • Map Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Interior Features

    Fireplace: None

  • Cooling Features

    Ductless Air Conditioning

    Heating Source

    Ductless Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 2024 Building Area Total: 3,829

  • Pool Features

    None

    Laundry Features

    Inside,Laundry Room

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3096
  • Lot Size Source: Assessor Lot Size Square Feet: 13488

  • Listing Price Information

    Original List Price: 1,299,999 Listing Contract Date: 2025-12-16

  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 374063010

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: SRCAR - Southwest Riverside County Directions: On Main St. Source Property Type: Residential Income Area: SRCAR - Southwest Riverside County Property SubType: Quadruplex

  • Building and Construction

    Property Age: 2 Common Walls: 1 Common Wall Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

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17797 Grand A & B, Lake Elsinore, CA, 92530 $463,500 2 2 800 800 SqFt
17797 Grand A & B, Lake Elsinore, CA, 92530 $463,500 2 2 800 800 SqFt
33053 Blackwell, Lake Elsinore, CA, 92530 $599,000 3 2 1,706 1,706 SqFt
33384 Adelfa Street, Lake Elsinore, CA, 92530 $438,000 2 2 1,152 1,152 SqFt
33115 Evergreen Sreet, Lake Elsinore, CA, 92530 $1,025,999 5 3 2,180 2,180 SqFt
815 Quail Drive, Lake Elsinore, CA, 92530 $460,000 3 2 1,251 1,251 SqFt
32989 Macy, Lake Elsinore, CA, 92530 $689,000 12 -- 4,200 4,200 SqFt

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Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/10/2026 @ 12:17

MLS: SW25277146 LISTED BY: Jose Marin, Marin Realty Group 951-657-4400 SOURCE: CRMLS

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