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Sold for $510,000
  • Listed by: Legacy Realty Inc. • Brandon Reeves • Contact: 951-244-3460
    Bought with: Realty Masters & Associates
    $510,000

    18225 Brightman Ave, Lake Elsinore, CA 92530

    3beds
    2,000sqft
    Single Family Residence
    Built in 1945
    8,276 Square Feet Lot
    $516,100 Zestimate®
    $255/sqft
    $3,085 Estimated rent

    Home value

    $516,100

    $470,000 - $568,000

    $3,085/mo

    Zestimate® history
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    What's special

    Unique Investment Opportunity Near Lake Elsinore! Just minutes from the water, this fully permitted property offers two stick-built homes on one lot with a combined three bedrooms, including one conversion, and approximately 2,000 square feet of living space on a generous 8,276 square foot lot. The main home features a spacious primary suite with a large bathroom, dual sinks, and an upgraded walk-in shower, along with laminate flooring throughout, upgraded butcher block countertops, and a dedicated laundry room. The second unit or ADU is ideal for extended family, rental income, or a private guest retreat, offering its own laundry area and move-in ready condition. Outside, the property provides ample space for parking vehicles, trailers, and RVs, complemented by mature grapevines that produce seasonally. Centrally located near parks, schools, the Ortega Highway, freeway access, Waterfront Park, and the new campground, this property offers convenience, versatility, and outstanding investment potential—perfect for both personal use and income opportunities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandon Reeves DRE #01951018 951-795-0495,

    Legacy Realty Inc.,

    Iris Stricklin DRE #01373580,

    Legacy Realty Inc.

    Bought with:

    Auri Vega, DRE #01816084

    Realty Masters & Associates

    Source: CRMLS,MLS#: SW25224269MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Rooms
    • Room types: Converted Bedroom, Entry/Foyer, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
    Bathroom
    • Features: Bathtub, Dual Sinks, Remodeled, Separate Shower, Tile Counters, Tub Shower
    Kitchen
    • Features: Remodeled, Updated Kitchen
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Electric Range, Disposal, Gas Oven, Gas Range
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside
    Features
    • Ceiling Fan(s), Eat-in Kitchen
    • Flooring: Laminate, Vinyl
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Parking features: Driveway, On Site, RV Access/Parking, Uncovered
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front Door
    • Patio & porch: Concrete, Open, Patio, Porch
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights, Mountain(s), Neighborhood
    Lot
    • Size: 8,276 Square Feet
    • Features: 2-5 Units/Acre, Corner Lot, Front Yard, Secluded, Street Level, Value In Land, Yard
    Details
    • Additional structures: Guest House Detached, Shed(s), Two On A Lot
    • Parcel number: 382042035
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Drywall, Concrete
    • Roof: Tar/Gravel
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Phone Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Fishing, Lake, Mountainous, Storm Drain(s), Street Lights, Sidewalks
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Lake Elsinore

    Financial & listing details

    • Price per square foot: $255/sqft
    • Tax assessed value: $425,000
    • Date on market: 9/24/2025
    • Cumulative days on market: 20 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/9/2026Listing removed$2,200$1/sqft
    Source: Zillow Rentals Report a problem
    3/19/2026Listed for rent$2,200-17.1%$1/sqft
    Source: Zillow Rentals Report a problem
    2/7/2026Listing removed$2,655$1/sqft
    Source: Zillow Rentals Report a problem
    1/13/2026Listed for rent$2,655$1/sqft
    Source: Zillow Rentals Report a problem
    11/25/2025Sold$510,000+3%$255/sqft
    Source: CRMLS #SW25224269 Report a problem
    10/15/2025Pending sale$495,000$248/sqft
    Source: CRMLS #SW25224269 Report a problem
    9/24/2025Listed for sale$495,000-5.7%$248/sqft
    Source: CRMLS #SW25224269 Report a problem
    9/20/2022Listing removed--
    Source: Owner Report a problem
    9/14/2022Listed for sale$525,000+8.2%$263/sqft
    Source: Owner Report a problem
    2/10/2022Listing removed--
    Source: Owner Report a problem
    2/7/2022Price change$485,000+1.9%$243/sqft
    Source: Owner Report a problem
    2/6/2022Price change$476,000-4.8%$238/sqft
    Source: Owner Report a problem
    2/3/2022Price change$500,000+5.3%$250/sqft
    Source: Owner Report a problem
    1/31/2022Price change$475,000+3.3%$238/sqft
    Source: Owner Report a problem
    1/13/2022Price change$460,000-0.1%$230/sqft
    Source: Owner Report a problem
    1/7/2022Listed for sale$460,500+73.8%$230/sqft
    Source: Owner Report a problem
    4/24/2019Sold$265,000-3.6%$133/sqft
    Source: CRMLS #SW19014818 Report a problem
    3/25/2019Pending sale$275,000$138/sqft
    Source: Coldwell Banker Associated Brokers Realty #SW19014818 Report a problem
    3/5/2019Price change$275,000-3.5%$138/sqft
    Source: Coldwell Banker Associated Brokers Realty #SW19014818 Report a problem
    2/17/2019Listed for sale$285,000$143/sqft
    Source: Coldwell Banker Associated Brokers Realty #SW19014818 Report a problem
    2/12/2019Pending sale$285,000$143/sqft
    Source: Coldwell Banker Associated Brokers Realty #SW19014818 Report a problem
    1/20/2019Price change$285,000-1%$143/sqft
    Source: Coldwell Banker Associated Brokers Realty #SW19014818 Report a problem
    11/2/2018Listed for sale$288,000+4.7%$144/sqft
    Source: Coldwell Banker Assoc.Brks-CL #SW18264815 Report a problem
    7/2/2018Listing removed$275,000$138/sqft
    Source: Owner Report a problem
    7/2/2018Listed for sale$275,000$138/sqft
    Source: Owner Report a problem
    6/24/2018Pending sale$275,000$138/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $425,000 +43.8%
    2025$3,156 +4.7%$295,608 +2%
    2024$3,014 +1.3%$289,813 +2%
    2023$2,976 +2%$284,131 +2%
    2022$2,918 +2%$278,561 +2%
    2021$2,861 +1%$273,100 +1%
    2020$2,832 +20.2%$270,300 +296.3%
    2019$2,357 +260.9%$68,213 +2%
    2018$653 +2.1%$66,876 +2%
    2017$640 $65,565 +2%
    2016$640 +4.7%$64,280 +1.5%
    2015$611 +2.9%$63,317 +2%
    2014$594 $62,078 +0.4%
    2013-- $61,800 +2%
    2012-- $60,589 +2%
    2011-- $59,402 +0.7%
    2010-- $58,960 -0.2%
    2009-- $59,102 +2%
    2008-- $57,944 +2%
    2007-- $56,809 +2%
    2006-- $55,696 +2%
    2005-- $54,604 +3.9%
    2003-- $52,556 +2%
    2002-- $51,526 +2%
    2001$889 +3.7%$50,517 +2%
    2000$857 $49,528
    Find assessor info on the county website

    Neighborhood: 92530

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Lakeside

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $516,100
    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
    $516,100