Lake Elsinore, CA 92530 110 W Heald Avenue
$2,150,000
12 more
Presented By: ALBERT LE with LE INVESTMENT GROUP; 909-256-7889
Beds • 14
Baths • 3
SQFT • 7,800
Year Built • 1958
Home Details
This 14 Unit Apartment Community is located on 110-118 West Heald Avenue, Lake Elsinore, CA 92530. The property consists of Four (4) Studios, Six (6) One- Bedroom / One Bathroom Units, & Four (4) Two- Bedroom / One Bathrooms Units. The property consists of two separate parcels that is currently situated on a 0.390 Acre Lot. This property offers an ideal location, situated less than a mile from the picturesque Lake Point Park, providing residents with easy access to the serene beauty and recreational opportunities of the lake. Additionally, its proximity to downtown Lake Elsinore ensures convenient access to the city's amenities, including shops, restaurants, and cultural attractions, all within minutes from the property. With its prime location and proximity to both natural and urban amenities, this property presents an enticing opportunity for residents seeking a balanced lifestyle in the heart of Lake Elsinore.
Presented By: ALBERT LE with LE INVESTMENT GROUP; 909-256-7889
Interior Features for 110 W Heald Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 110 W Heald Avenue
Additional Parcels Description374-173-003
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.64
Carport Y/NNo
CityLake Elsinore
Community FeaturesSidewalks
CountyRiverside
DirectionsPlease refer to maps.
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFloor
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income195600.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsConventional
Lot Size Square Feet10454.0
Lot Size UnitsSquareFeet
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
Net Operating Income121297.0
New ConstructionNo
Number Of Units Total14
Operating Expense64523.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot8
Total Actual Rent16300.0
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1958
Year Built SourcePublicRecords
ZoningC1
Exterior for 110 W Heald Avenue
Building Area Total7800.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesElevenToFifteenUnitsAcre
Lot Size Acres0.24
Lot Size Area10454.0
Lot Size SourceAssessor
Number of Buildings8
Number of Separate Electric Meters14
Number of Separate Gas Meters14
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$2,150,000
MLS#IV25072081
List Date
04/02/2025
Property Type
Multi-Family
Phone
(562) 537-4182
