Unique 2 unit investment opportunity property zoned R2, fixer upper property with 2 units and one large property. The top unit was measured and appraised as 680 sf with 2 bedrooms 1 bath, kitchen is set up with washer and dryer hookups. This unit has its own electrical meter, its own separate parking and access with a massive walk off/wrap around deck that overlooks the lake!! The downstairs unit measured and appraised as 1100 sf with 2 bd, 1 bath and its own laundry room. This unit has an extra large entry and parking area that has so much usability the neighbors are all jealous of this property layout and size. This property is ready for its new owner to fix it up use one and rent the other, use both for multi generation family or a great rental investment.
Sold for $362,500
Listed by: TIG Commercial, INC. • Troy Archuleta • Contact: archuletatig@outlook.com
Bought with: TIG Commercial, INC.
$362,500
1001 W Heald Ave, Lake Elsinore, CA 92530
4beds
1,730sqft
Single Family Residence
Built in 1948
0.28 Acres Lot
$363,900 Zestimate®
$210/sqft
$2,862 Estimated rent
Home value
$363,900
$331,000 - $400,000
$2,862/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Troy Archuleta DRE #02075517 archuletatig@outlook.com,
TIG Commercial, INC.
Bought with:
Troy Archuleta, DRE #02075517
TIG Commercial, INC.
Source: CRMLS,MLS#: CV26079179
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: All Bedrooms Up
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: In Kitchen, Laundry Room
Features
- All Bedrooms Up, All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 1,730 sqft
Property
Parking
- Total spaces: 8
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: 1-2
- Pool features: None
- Has view: Yes
- View description: Lake, Mountain(s), Neighborhood
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.28 Acres
- Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Flag Lot, Front Yard, Irregular Lot
Details
- Parcel number: 374131021
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Lake, Mountainous, Water Sports
Location
- Region: Lake Elsinore
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $91,232
- Date on market: 4/13/2026
- Cumulative days on market: 9 days
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listed for sale | $380,000+4.8%$220/sqft |
Source:  CRMLS #CV26079179 Report a problem | ||
| 5/14/2026 | Sold | $362,500+45%$210/sqft |
Source: CRMLS #CV26079179 Report a problem | ||
| 3/26/2026 | Sold | $250,000+257.1%$145/sqft |
Source: Public Record Report a problem | ||
| 8/3/2010 | Sold | $70,000+55455.6%$40/sqft |
Source: Public Record Report a problem | ||
| 6/11/2010 | Listed for sale | $126-99.8% |
Source: Real Estate Disposition #22259733 Report a problem | ||
| 2/9/2010 | Sold | $78,750+25%$46/sqft |
Source: Public Record Report a problem | ||
| 2/8/2010 | Listed for sale | $63,000$36/sqft |
Source: www.HomeLiberty.net Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $91,232 +2% |
| 2025 | $1,056 +4.2% | $89,444 +2% |
| 2024 | $1,013 +1.2% | $87,691 +2% |
| 2023 | $1,001 +1.8% | $85,973 +2% |
| 2022 | $983 +1.8% | $84,288 +2% |
| 2021 | $966 +0.9% | $82,636 +1% |
| 2020 | $957 +1.8% | $81,789 +2% |
| 2019 | $940 +1.8% | $80,186 +2% |
| 2018 | $924 +1.8% | $78,615 +2% |
| 2017 | $908 | $77,074 +2% |
| 2016 | $908 -11.8% | $75,564 +1.5% |
| 2015 | $1,030 +21.9% | $74,430 +2% |
| 2014 | $845 | $72,973 +0.5% |
| 2013 | -- | $72,645 +4% |
| 2012 | -- | $69,825 |
| 2011 | -- | $69,825 +12.6% |
| 2010 | -- | $62,000 -44.1% |
| 2009 | -- | $110,991 +2% |
| 2008 | -- | $108,815 +2% |
| 2007 | -- | $106,682 +2% |
| 2006 | -- | $104,591 +2% |
| 2005 | -- | $102,541 +3.9% |
| 2003 | -- | $98,691 +2% |
| 2002 | -- | $96,757 +2% |
| 2001 | $1,010 +1.3% | $94,860 +2% |
| 2000 | $997 | $93,000 |
Find assessor info on the county website
Neighborhood: 92530
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Nearby schools
GreatSchools rating
- 2/10Elsinore Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Elsinore Middle SchoolGrades: 6-8Distance: 0.1 mi
- 7/10Temescal Canyon High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$363,900
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Estimated market value
$363,900
- California
- Riverside County
- Lake Elsinore
- 92530
- 1001 W Heald Ave
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