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Sold for $1,300,000
    • Listed by: Coldwell Banker Assoc.Brks-CL • Kris Hansen • Contact: 951-551-6434
    Bought with: Ameristar Real Estate Inv.
    $1,300,000

    121 S Spring St, Lake Elsinore, CA 92530

    110beds
    100baths
    4,167sqft
    Multi Family
    Built in 1945
    -- sqft lot
    $1,445,100 Zestimate®
    $312/sqft
    $2,059 Estimated rent

    Home value

    $1,445,100

    $1.23M - $1.72M

    $2,059/mo

    Zestimate® history
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    What's special

    Grocery stores
    Calling ALL INVESTORS!!!!! EXCELLENT CAP Rate. Great opportunity in downtown Lake Elsinore, walking distance to all restaurants and grocery stores. Fully occupied with long term tenants and waiting list for new arrivals if needed. Property consists of (1) 2 bed 1 bath, (1) 1 bed 1 bath and 8 studios. Onsite laundry and 1 car garage for maintanance. Onsite parking for 10+ cars and opportunity to add additional units and garages if desired.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kris Hansen DRE #01878656 951-551-6434,

    Coldwell Banker Assoc.Brks-CL,

    Leif Hansen DRE #01882844,

    Coldwell Banker Assoc.Brkr-Mur

    Bought with:

    Jasdeep Kochar, DRE #01701084

    Ameristar Real Estate Inv.

    Source: CRMLS,MLS#: SW23220906MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 110
    • Bathrooms: 100
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Laundry Room
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,167
    • Total interior livable area: 4,167 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.34 Acres
    • Features: Level, Near Park, Rectangular Lot
    Details
    • Parcel number: 374261004
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Lake, Sidewalks, Park
    Location
    • Region: Lake Elsinore

    Financial & listing details

    • Price per square foot: $312/sqft
    • Date on market: 12/6/2023
    • Cumulative days on market: 61 days
    • Listing terms: Submit
    • Total actual rent: 117840
    • Tenant pays: Cable TV, Electricity, Telephone

    Price history

    DateEventPrice
    4/11/2024Sold$1,300,000-5.5%$312/sqft
    Source: CRMLS #SW23220906 Report a problem
    3/6/2024Pending sale$1,375,000$330/sqft
    Source: CRMLS #SW23220906 Report a problem
    3/5/2024Listed for sale$1,375,000$330/sqft
    Source: CRMLS #SW23220906 Report a problem
    2/20/2024Pending sale$1,375,000$330/sqft
    Source: CRMLS #SW23220906 Report a problem
    2/8/2024Listed for sale$1,375,000$330/sqft
    Source: CRMLS #SW23220906 Report a problem
    2/1/2024Pending sale$1,375,000$330/sqft
    Source: CRMLS #SW23220906 Report a problem
    1/10/2024Price change$1,375,000-1.8%$330/sqft
    Source: CRMLS #SW23220906 Report a problem
    1/6/2024Pending sale$1,400,000$336/sqft
    Source: CRMLS #SW23220906 Report a problem
    12/7/2023Price change$1,400,000-2.4%$336/sqft
    Source: CRMLS #SW23220906 Report a problem
    10/25/2023Price change$1,435,000+2.5%$344/sqft
    Source: Owner Report a problem
    9/4/2023Price change$1,400,000-2.4%$336/sqft
    Source: Owner Report a problem
    7/25/2023Price change$1,435,000+2.5%$344/sqft
    Source: Owner Report a problem
    7/2/2023Listed for sale$1,400,000-6.7%$336/sqft
    Source: Owner Report a problem
    3/7/2023Listing removed--
    Source: Owner Report a problem
    12/11/2022Listed for sale$1,500,000$360/sqft
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 92530

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    Estimated market value
    $1,445,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,445,100

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