328 Avenue 1, Lake Elsinore, CA 92530

Lake Elsinore
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
328 Avenue 1,Lake Elsinore, CA 92530
$749,900
  • 3 Beds
  • 3 Baths
  • 1,192 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Sun, Nov 08
    02:00 pm - 05:00 pm
Listed by: navid nooryshokry
Office: keller williams oc coastal realty949-373-1600
MLS#:OC26235170
Source:CRMLS

Price summary

  • Price:$749,900
  • Price per sq. ft.:$629.11

About this home

RARE THREE-UNIT INCOME PROPERTY! $5,250 MONTHLY RENTAL POTENTIAL | BRAND-NEW 2026 ADU | SOLAR & BATTERY! An exceptional investment opportunity at 328 Avenue 1 in Lake Elsinore! This versatile three-unit property offers multiple income streams, extensive upgrades, and flexible living arrangements. Ideal for investors seeking rental income or homeowners looking for multi-generational living. Featuring three separate living spaces, the property offers approximately $5,250 in potential monthly rental income ($63,000 annually) based on current rents and projected rent for the newest ADU. UNIT 1 – MAIN COTTAGE: Features 1 bedroom, 1 bathroom, well-appointed kitchen, cozy living room, separate dining area, and dedicated laundry room. Improvements include laminate flooring, updated windows, new exterior siding, fresh interior and exterior paint, newer roof, and three mini-split heating and air-conditioning systems. Currently rented for $1,750 per month. UNIT 2 – STUDIO...

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Home facts

  • Year built:2026
  • Listing ID #:OC26235170
  • Added:4 day(s) ago
  • Updated:November 07, 2026 at 03:33 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Vinyl
  • Kitchen Description:Dishwasher, Gas Range, Refrigerator
  • Living area:1,192 sq. ft.

Heating and cooling

  • Cooling:Ductless Air
  • Heating:Central

Structure and exterior

  • Roof:Asphalt
  • Year built:2026
  • Building area:1,192 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Cottage
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Sewer Connected, Sewer Tap Paid

Finances and disclosures

  • Price:$749,900
  • Price per sq. ft.:$629.11

Features and amenities

  • Appliances:Dishwasher
  • Laundry features:Inside
  • Amenities:Tankless Water Heater

Parking

  • Total parking spaces:1
  • Parking description:Carport, Concrete
  • Garage:Yes
  • Garage spaces:1
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