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111 S Lindsay Street, Lake Elsinore, CA 92530

$899,000 Approx. USD 0 beds, 0 baths

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Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

CHRISTINE SMITH | christinersmith97@gmail.com
Lic#: 02213085
Broker: Courtesy of BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Phone: 909-936-5380

Agent Remarks

Investor opportunity in the heart of Old Town Lake Elsinore, near main Street. This well maintained fourplex features four 1 bedroom, 1-bathroom units and is ideally located just moments from Main Beach, the public boat ramp, nearby baseball fields, public library, post office. The property offers strong tenant appeal with dedicated on-site laundry room equipped with Speed Queen coin-operated washer and dryer, providing additional income potential. Exterior improvements include attractive low maintenance landscaping with artificial turf, decorative rock, concrete hardscaping, and a newer roof. The rear parking area features a concrete parking lot with five designated spaces and room for a sixth vehicle. Additional highlights include a Tesla solar lease and a highly desirable location near recreation, shopping, dining and the Lake Elsinore Waterfront. All information contained herein is deemed reliable but not guaranteed. Buyers and Buyers agent are advised to independently verify all information, including but not limited to square footage, lot size, zoning, permits, property condition and any other matters affecting the property. Seller and listing broker make no representations or warranties, expressed or implied, as to the accuracy of information provided. Buyer is advised to conduct their own due diligence and investigations to their satisfaction prior to the close of escrow. Listing agent is the owner of the property. Electricity, water and gas are on 1 meter. Cap rate is 6.90%. GRM 10.4

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# IV26135897

List price is $899,000 Reduced by $50,000 on 7/15/2026

Price: $899,000

HOA Fee is $0.00

Beds: 0

Baths: 0

None fireplaces

Built in 1917

1 story

0.20 acres

Lot size: 0.2000

County: Riverside

Interior features: Laminate Counters,All Bedrooms Down

Appliances: Gas Cooktop,Gas Oven,Water Heater

Heating/cooling: Wall/Window Unit(s)

Heating description: Wall Furnace

MLS area: SRCAR - Southwest Riverside County

Last Updated: 7/20/2026

Days On Market (DOM): 44

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This listing belongs to the SRCAR - Southwest Riverside County MLS area

Lat/Long: 33.668859, -117.334454.
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