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33384 Adelfa Street

Lake Elsinore, CA 92530
  • $438,000
  • STATUS: Active
  • ON SITE: 102 Days
  • ID#: IV26023151
UPDATED: 12 min ago
$438,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Listing Agent(s): Rupi Azrot of OFFERCITY HOMES (951-638-4477)


Description

Well maintained Lake Elsinore duplex offering strong income with upside, featuring two 1 bedroom, 1 bathroom units. The upper unit is tenant occupied and stabilized at $1,400 per month and enjoys lake views, while the lower unit is vacant, recently updated with fresh paint, newer appliances, and updated kitchen cabinetry, and can achieve an estimated rent of $1,500 per month. The lower unit also includes a rare 2 car detached garage, adding significant rental appeal. Ideal for investors or owner occupants seeking immediate cash flow in a convenient Lake Elsinore location near shopping, dining, and freeway access. Detached 2 car garage offers potential ADU conversion, buyer to verify zoning, permits, and feasibility with the City of Lake Elsinore. Property also includes a detached storage structure that is part of the property and provides additional usable space.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-15T22:35:44.57. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/172623113
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33384 Adelfa Street Lake Elsinore, CA 92530

  • Price: $438,000
  • Status: Active
  • On Site: 102 Days
  • Updated: 12 min ago
  • ID#: IV26023151
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1951
Built
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
Property Description
Well maintained Lake Elsinore duplex offering strong income with upside, featuring two 1 bedroom, 1 bathroom units. The upper unit is tenant occupied and stabilized at $1,400 per month and enjoys lake views, while the lower unit is vacant, recently updated with fresh paint, newer appliances, and updated kitchen cabinetry, and can achieve an estimated rent of $1,500 per month. The lower unit also includes a rare 2 car detached garage, adding significant rental appeal. Ideal for investors or owner occupants seeking immediate cash flow in a convenient Lake Elsinore location near shopping, dining, and freeway access. Detached 2 car garage offers potential ADU conversion, buyer to verify zoning, permits, and feasibility with the City of Lake Elsinore. Property also includes a detached storage structure that is part of the property and provides additional usable space.
Exterior Features

Carport Spaces 1 Carport YN Yes Entry Level 1 Entry Location Front Lot Features Back Yard Number Of Separate Electric Meters 0 Open Parking Spaces 3 Parking Features CarportDoor-SingleDrivewayGarage Faces FrontGarage Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Paved Roof Shingle View BluffLakeMountain(s) View YN Yes

Interior Features

Accessibility Features Other Appliances DisposalGas RangeWater Heater Common Walls 1 Common Wall Cooling ElectricHeat Pump Cooling YN Yes Fireplace Features None Fireplace YN No Heating ElectricHeat Pump Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 1020 Common Interest None Community Features HikingMountainous Disclosures Familial Relation Electric Expense 1332 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 34800 Insurance Expense 0 Land Lease YN No Laundry Features Outside Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFHA Net Operating Income 30084 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 1 Operating Expense 4716 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Tenant Pays None Total Actual Rent 1400 Trash Expense 1368 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Water Sewer Expense 996 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-15T22:35:44.57. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): Rupi Azrot of OFFERCITY HOMES (951-638-4477)