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 LopezDRE #02040124323-742-1823,
ReMax Sky,
Joey O'neillDRE #01377147714-801-1014,
ReMax Sky
Source: CRMLS,MLS#: DW25237444Originating 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
Zestimate®
$1,170,100
Estimated sales range
$1.11M - $1.23M
Rent Zestimate®
$2,414/mo
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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