Southwest Riverside County (SRCAR) Homes with Apartment Subtype

Welcome to Southwest Riverside County, a vibrant and picturesque region nestled in the heart of California’s Riverside County. This thriving area, particularly in the charming city of Lake Elsinore, offers a unique blend of natural beauty and suburban convenience. Known for its stunning landscapes, including the expansive Lake Elsinore itself, this locale is a haven for outdoor enthusiasts, with ample opportunities for hiking, boating, and enjoying the great California sunshine.

Lake Elsinore is not just about breathtaking views; it’s also a community rich in culture and history. With a variety of local shops, restaurants, and entertainment options, residents enjoy a lifestyle that balances tranquility and excitement. The city’s proximity to major highways and the bustling cities of Los Angeles and San Diego makes it an ideal spot for commuters who seek the serenity of suburban living without sacrificing access to urban amenities.

One of the standout features of this region is the availability of homes with apartment subtypes. These versatile properties cater to a range of lifestyles, whether you’re a first-time homebuyer looking for a cozy space or an investor seeking rental opportunities. Homes with apartment subtypes in Lake Elsinore provide the perfect blend of privacy and income potential, allowing you to live comfortably while benefiting from the thriving rental market.

Embrace the charm of Southwest Riverside County and discover your dream home in Lake Elsinore, where picturesque landscapes meet vibrant community living. Whether you’re looking for a serene retreat or a smart investment, this region has something for everyone. Come and experience the best of California living!

Newest Southwest Riverside County (SRCAR) Homes with Apartment Subtype

$2,050,000

IV26024597 MLS ⋅ Active Status

Rare opportunity to acquire a stabilized 14-unit multifamily asset in a prime Lake Elsinore location near the lake and within walking distance to downtown, dining, and shopping. The property features a desirable unit mix of four studios, six 1-bed/1-bath units, and four 2-bed/1-bath units, all currently tenant occupied and generating immediate income. Utilities are efficiently structured with separate gas and electric meters for each unit (14 total) and one shared water meter, helping reduce owner expenses. Situated on a large 18,730 sq ft lot across two APNs (374-173-002 & 374-173-003). No garage parking. Strong rental demand and consistent occupancy provide stable cash flow, with clear upside potential through rent increases. Recent capital improvements include a new roof, making this an excellent opportunity for investors seeking a value-add or long-term hold in a growing Inland Empire market with strong tenant appeal.

120 W Heald, Lake Elsinore

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