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For sale
  • Listed by: ReMax Sky • Olluky Lopez • Contact: 562-205-3484
    $1,199,999

    118 N Main St, Lake Elsinore, CA 92530

    4beds
    1baths
    2,941sqft
    : 
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    Mixed Use
    Built in 1920
    -- sqft lot
    $1,170,100 Zestimate®
    $408/sqft
    $-- HOA

    What's special

    Located in the heart of Lake Elsinore’s revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, café, professional office, or service business. Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return. Enjoy outstanding visibility and foot traffic thanks to the City’s ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements. Don’t miss this rare opportunity to invest in one of Southern California’s fastest-growing communities, where business meets lifestyle.
    282 days
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    108
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Olluky Lopez DRE #02040124 323-742-1823,

    ReMax Sky,

    Joey O'neill DRE #01377147 714-801-1014,

    ReMax Sky

    Source: CRMLS,MLS#: DW25237444MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 1
      Heating
      • Central
      Appliances
      • Laundry: None
      Features
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,941
      • Total interior livable area: 2,941 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Ground
      • Pool features: None
      Lot
      • Size: 3,920 Square Feet
      • Features: Walkstreet
      Details
      • Parcel number: 373024016
      • Special conditions: Notice Of Default

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mixed Use
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Street Lights
      Location
      • Region: Lake Elsinore

      Financial & listing details

      • Price per square foot: $408/sqft
      • Date on market: 10/10/2025
      • Cumulative days on market: 283 days
      • Listing terms: Cash,Conventional

        Estimated market value

        $1,170,100

        $1.11M - $1.23M

        $2,414/mo

        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92530

        Getting around

        76 / 100
        Very Walkable
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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