Come enjoy an incredible opportunity to own a beautifully upgraded income-producing duplex in the heart of Lake Elsinore. This exceptional property offers flexibility, strong rental potential, and modern living—all within walking distance to downtown dining, shopping, and just moments from the lake.
The front unit has been completely remodeled and features 3 bedrooms, 2.5 bathrooms, and approximately 1,500 square feet of thoughtfully updated living space. With its modern finishes and inviting layout. This unit currently rents the shed in back for additional income.
The rear unit, built in 2023, offers 3 bedrooms and 2 bathrooms with approximately 1,300 square feet of contemporary living. Both units are in excellent condition and each includes its own private laundry room, separate gas and electric meters, and a sub-metered water meter, making this an ideal setup for owner-occupants or investors alike.
Front unit is currently rented,, with the option for tenant-occupied or vacant delivery at close of escrow, offering flexibility to live in one and rent the other—or rent both and enjoy immediate income.
Additional highlights include a shared driveway, well-maintained exteriors, and a prime downtown Lake Elsinore location that enhances long-term rental demand.
Some reasons this is a great buy: Amazing rental opportunity, Live in one, rent the other—or rent both, Close to the lake and walkable to everything, Strong income potential in a growing area
Please note: Photos have been digitally enhanced to remove tenants’ personal belongings for privacy and security.
Don’t miss this rare opportunity to own a beautifully renovated, newer-construction duplex in one of Lake Elsinore’s most desirable locations. Schedule your private showing today and explore the income and lifestyle potential this exceptional property has to offer.
Sold for $750,000
Listed by: RE/MAX CHAMPIONS • SONIA OROZCO • Contact: 951-543-3020
Bought with: SKA Real Estate
Zestimate®
$750,000
138 E Peck St, Lake Elsinore, CA 92530
6beds
2,605sqft
Duplex
Built in 1936
7,405 Square Feet Lot
$750,000 Zestimate®
$288/sqft
$3,866 Estimated rent
Home value
$750,000
$690,000 - $818,000
$3,866/mo
Zestimate® history
Owner options
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$4,825/mo
Est. payment
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Est. payment
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List your homeWhat's special
Modern finishesInviting layoutWell-maintained exteriorsShared driveway
Zillow last checked:
Listing updated:
Listed by:
SONIA OROZCO DRE #01315325 951-543-3020,
RE/MAX CHAMPIONS,
JORGE ALEJANDRO HARO DRE #02335245 909-296-0596,
RE/MAX CHAMPIONS
Bought with:
CARLA ANZ, DRE #01991825
SKA Real Estate
Source: CRMLS,MLS#: IV26011051
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Family Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Other
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Quartz Counters, Remodeled, Tub Shower
Kitchen
- Features: Quartz Counters, Remodeled, Updated Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Eat-in Kitchen, Quartz Counters, Recessed Lighting, All Bedrooms Down, Walk-In Closet(s)
- Flooring: Tile, Vinyl
- Has fireplace: Yes
- Fireplace features: Family Room, Masonry, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,605 sqft
Property
Parking
- Parking features: Shared Driveway, On Street
Accessibility
- Accessibility features: No Stairs
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Concrete, Covered
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Fencing: Block,Brick,Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 7,405 Square Feet
- Features: Sprinklers In Front
Details
- Parcel number: 373024024
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Materials
- Drywall, Stucco
- Foundation: Raised, Slab
- Roof: Shingle
Condition
- Turnkey
- New construction: No
- Year built: 1936
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Fishing, Hiking, Lake, Park, Street Lights, Sidewalks, Water Sports
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Lake Elsinore
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $698,285
- Annual tax amount: $7,611
- Date on market: 1/16/2026
- Cumulative days on market: 103 days
- Listing terms: Cash,Conventional,FHA,Submit,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Sold | $750,000$288/sqft |
Source:  CRMLS #IV26011051 Report a problem | ||
| 6/1/2026 | Pending sale | $750,000$288/sqft |
Source: CRMLS #IV26011051 Report a problem | ||
| 4/30/2026 | Contingent | $750,000$288/sqft |
Source: CRMLS #IV26011051 Report a problem | ||
| 4/9/2026 | Listed for sale | $750,000$288/sqft |
Source: CRMLS #IV26011051 Report a problem | ||
| 3/20/2026 | Contingent | $750,000$288/sqft |
Source: CRMLS #IV26011051 Report a problem | ||
| 1/16/2026 | Listed for sale | $750,000+54.6%$288/sqft |
Source: CRMLS #IV26011051 Report a problem | ||
| 1/21/2025 | Listing removed | $2,490$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/16/2024 | Listed for rent | $2,490-7.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/10/2024 | Listing removed | $2,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/6/2024 | Listed for rent | $2,700-5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/6/2024 | Listed for rent | $2,850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/31/2022 | Sold | $485,000+14.1%$186/sqft |
Source: Public Record Report a problem | ||
| 3/3/2022 | Pending sale | $425,000$163/sqft |
Source: CRMLS #SW22027291 Report a problem | ||
| 3/1/2022 | Contingent | $425,000$163/sqft |
Source: CRMLS #SW22027291 Report a problem | ||
| 2/25/2022 | Listed for sale | $425,000+54.5%$163/sqft |
Source: CRMLS #SW22027291 Report a problem | ||
| 4/27/2017 | Sold | $275,000-6.8%$106/sqft |
Source: Public Record Report a problem | ||
| 4/11/2017 | Pending sale | $295,000+138.9%$113/sqft |
Source: United Realty & Loans, Inc. #SW17029438 Report a problem | ||
| 7/31/2002 | Sold | $123,500$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,611 +27.7% | $698,285 +22.9% |
| 2024 | $5,960 +13.9% | $568,220 +14.9% |
| 2023 | $5,234 +62.3% | $494,700 +64.5% |
| 2022 | $3,225 +1.9% | $300,750 +2% |
| 2021 | $3,163 +1% | $294,853 +1% |
| 2020 | $3,132 | $291,831 +2% |
| 2019 | -- | $286,110 +2% |
| 2018 | $3,078 +11.5% | $280,500 +9.6% |
| 2017 | $2,761 | $256,000 +5.8% |
| 2016 | $2,761 +14.8% | $242,000 +7.6% |
| 2015 | $2,404 +1.4% | $225,000 |
| 2014 | $2,370 | $225,000 +53.1% |
| 2013 | -- | $147,000 +37.4% |
| 2012 | -- | $107,000 +7% |
| 2011 | -- | $100,000 +8.7% |
| 2010 | -- | $92,000 -19.3% |
| 2009 | -- | $114,000 -51.6% |
| 2008 | -- | $235,642 +2% |
| 2007 | -- | $231,022 +9.9% |
| 2006 | -- | $210,120 +2% |
| 2005 | -- | $206,000 +66.8% |
| 2003 | -- | $123,500 +90.5% |
| 2002 | -- | $64,819 +2% |
| 2001 | $766 +1% | $63,549 +2% |
| 2000 | $758 | $62,303 |
Find assessor info on the county website
Neighborhood: 92530
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Nearby schools
GreatSchools rating
- 3/10Railroad Canyon Elementary SchoolGrades: K-5Distance: 1 mi
- 3/10Elsinore Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Elsinore High SchoolGrades: 9-12Distance: 4 mi
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Estimated market value
$750,000
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Estimated market value
$750,000
- California
- Riverside County
- Lake Elsinore
- 92530
- 138 E Peck St
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