16459 Joy Street, Lake Elsinore, CA 92530

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
16459 Joy Street,Lake Elsinore, CA 92530
$3,750,000
  • - Beds
  • - Baths
  • 14,500 sq. ft.
  • Multi-family
  • Active
Listed by: vince kwon
Office: irn realty
MLS#:TR26019025
Source:CRMLS

Price summary

  • Price:$3,750,000
  • Price per sq. ft.:$258.62

About this home

16459 Joy Street presents a compelling multifamily investment opportunity in Lake Elsinore, CA. This 10-unit property features spacious three-bedroom townhome-style units with premium amenities, including central air and heat, private patios, and in-unit laundry hookups. Residents appreciate the convenience of private two-car garages, driveways, and some units even featuring a carport. Strategically situated near Lake Elsinore's scenic waterfront, the property is within walking distance to Machado Elementary School and proximate to Lakeside High School. Riverside Drive offers easy access to local retailers, restaurants, and grocers, while Interstate 15 provides seamless connectivity to regional employment hubs. With two units currently vacant, this property is ideal for owner-occupants seeking a prime location with growth potential. A comprehensive renovation plan can unlock significant rental premiums, capitalizing on strong demand for quality multifamily housing in this

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Home facts

  • Year built:1984
  • Listing ID #:TR26019025
  • Added:16 day(s) ago
  • Updated:February 10, 2026 at 02:31 PM

Rooms and interior

  • Living area:14,500 sq. ft.

Heating and cooling

  • Heating:Central Furnace

Structure and exterior

  • Year built:1984
  • Building area:14,500 sq. ft.
  • Lot area:0.6 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,750,000
  • Price per sq. ft.:$258.62
Based on information from California Regional Multiple Listing Service, Inc. as of February 12, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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