For sale

Listed by: Realty ONE Group West • Robert Grim • Contact: 951-447-6440

$599,000

33053 Blackwell Blvd, Lake Elsinore, CA 92530

3beds

1,706sqft

$3,938/mo

Get pre-qualified

Duplex

Built in 1976

3,485 Square Feet Lot

$594,700 Zestimate^®

$351/sqft

$-- HOA

What's special

Great Investment Opportunity with Three Income Streams!Don’t miss this versatile property offering three separate rental income streams. The main residence features 2 bedrooms and 1 bathrooms, along with an additional 1 bedroom, 1 bathroom unit — both currently rented. A detached 2-car garage is also rented separately for storage, maximizing cash flow potential.Perfect for investors looking to keep all units rented, or owner-occupants who want to live in one home while generating income from the other. The property includes a fenced backyard ideal for family BBQs and outdoor entertaining.Enjoy low property taxes and no HOA, keeping expenses minimal and returns strong. A rare opportunity with built-in income!

173 days

155

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Rooms

Room types: Bedroom

Bedroom

Features: All Bedrooms Down

Heating

Central

Cooling

Wall/Window Unit(s)

Appliances

Laundry: Laundry Closet

Features

All Bedrooms Down
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 1,706 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: 2
Pool features: None

Lot

Size: 3,485 Square Feet
Features: Back Yard

Details

Parcel number: 381246005
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Duplex

Condition

New construction: No
Year built: 1976

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Street Lights

Location

Region: Lake Elsinore

Financial & listing details

Price per square foot: $351/sqft
Tax assessed value: $66,496
Date on market: 2/27/2026
Cumulative days on market: 174 days
Listing terms: Cash,Conventional

Estimated market value

$594,700

$565,000 - $624,000

$2,861/mo

Price history

Date	Event	Price
2/28/2026	Listed for sale	$599,000$351/sqft
Source: CRMLS #SW26044100 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$66,496 +2%
2025	$722 +4.5%	$65,193 +2%
2024	$690 +1.2%	$63,916 +2%
2023	$682 +1.9%	$62,664 +2%
2022	$669 +1.9%	$61,436 +2%
2021	$657 +1%	$60,232 +1%
2020	$650 +1.9%	$59,616 +2%
2019	$638 +1.9%	$58,448 +2%
2018	$626 +1.9%	$57,303 +2%
2017	$615	$56,180 +2%
2016	$615 +4.2%	$55,080 +1.5%
2015	$590	$54,255