305 Line Street, Lake Elsinore, CA 92530

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
305 Line Street,Lake Elsinore, CA 92530
$489,000
  • - Beds
  • - Baths
  • 1,173 sq. ft.
  • Multi-family
  • Active
Listed by: carol goode
Office: grand homes real estate
MLS#:CRIG25164027
Source:CAMAXMLS

Price summary

  • Price:$489,000
  • Price per sq. ft.:$416.88

About this home

Prime R3 Zoned Development Opportunity in Lake Elsinore Attention Investors and Developers! Seize this exceptional opportunity to acquire a substantial, Approx 18,000 sq ft R3-zoned lot in the thriving City of Lake Elsinore. This property offers immense potential for multi-unit development, with specific building guidelines available through the City of Lake Elsinore Planning Department. Currently, the property features a main residence generating rental income. Additionally, there are two existing outbuildings, presently utilized for storage, which hold future potential for permitted units or auxiliary structures. At this time the 2 units are not permitted for units, storage only For those envisioning significant development, this expansive parcel provides ample space to demolish the existing structures and construct multiple new units, complete with dedicated garage parking. This offering represents a rare chance to capitalize on a property with tremendous redevelopment potential in

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Home facts

  • Year built:1962
  • Listing ID #:CRIG25164027
  • Added:126 day(s) ago
  • Updated:November 25, 2025 at 02:46 PM

Rooms and interior

  • Living area:1,173 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:1,173 sq. ft.
  • Lot area:0.41 Acres

Finances and disclosures

  • Price:$489,000
  • Price per sq. ft.:$416.88
MLS LogoBay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 25, 2025

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