For sale

Listed by: McConnin & Company Realty • John McConnin • 858-367-0230

Price cut: $50K (11/2)

$500,000

33140 Lorimer St, Lake Elsinore, CA 92530

4beds

2,492sqft

$3,420/mo

Get pre-qualified

Duplex

Built in 1978

7,405 Square Feet Lot

$499,200 Zestimate^®

$201/sqft

$-- HOA

What's special

DUPLEX OPPORTUNITY! Be your own landlord and potentially start with one tenant in place? Explore this single-story duplex with Ortega Mountain views in the Lakeside community of Lake Elsinore. Located on a corner lot in the heart of the Village, the property is within reach of boat launches, the baseball stadium, shopping, restaurants, and other local attractions. Each unit has two bedrooms and one full bathroom, along with a front entry and a rear door leading to its own fenced backyard. The property has separate water, electric, and gas meters for each unit. One unit is tenant occupied and needs renovation. One unit is recently renovated. Centrally located with access to Los Angeles, Orange, and San Diego counties. Take a drive by today and see if this property fits your investment plans. Bring your offers! Short sale subject to lender approval. Please do not disturb the tenant. Ideally buyer will keep the tenant in place.

14 days
539
21

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 4

Rooms

Room types: Bedroom

Bedroom

Features: All Bedrooms Down

Bedroom

Features: All Bedrooms Up

Cooling

See Remarks

Appliances

Laundry: See Remarks

Features

All Bedrooms Up, All Bedrooms Down
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total interior livable area: 2,492 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Garage - Attached
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Entry location: Front
Pool features: None
Has view: Yes
View description: Hills, Mountain(s), Neighborhood

Lot

Size: 7,405 Square Feet
Features: Corner Lot

Details

Parcel number: 381222042
Zoning: Previous info states R-3
Special conditions: Short Sale

Construction

Type & style

Home type: SingleFamily
Property subtype: Duplex
Attached to another structure: Yes

Condition

New construction: No
Year built: 1978

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Features: Biking, Hiking

Location

Region: Lake Elsinore

Financial & listing details

Price per square foot: $201/sqft
Tax assessed value: $610,980
Date on market: 10/25/2026
Cumulative days on market: 15 days
Listing terms: Submit

Estimated market value

$499,200

$474,000 - $524,000

$3,080/mo

Price history

Date	Event	Price
11/2/2026	Price change	$500,000-9.1%$201/sqft
Source: CRMLS #NDP2609812 Report a problem
10/25/2026	Listed for sale	$550,000-8.2%$221/sqft
Source: CRMLS #NDP2609812 Report a problem
5/6/2025	Sold	$599,000$240/sqft
Source: CRMLS #SW25004814 Report a problem
4/9/2025	Pending sale	$599,000$240/sqft
Source: CRMLS #SW25004814 Report a problem
1/8/2025	Listed for sale	$599,000+185.2%$240/sqft
Source: CRMLS #SW25004814 Report a problem
5/27/2004	Sold	$210,000+200%$84/sqft
Source: Public Record Report a problem
1/28/1998	Sold	$70,000$28/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$610,980 +104.6%
2025	$3,185 +4.7%	$298,550 +2%
2024	$3,042 +1.3%	$292,697 +2%
2023	$3,003 +2%	$286,959 +2%
2022	$2,945 +2%	$281,333 +2%
2021	$2,888 +1%	$275,818 +1%
2020	$2,858 +2%	$272,991 +2%
2019	$2,803 +2%	$267,640 +2%
2018	$2,749 +2%	$262,393 +2%
2017	$2,695	$257,249 +2%
2016	$2,695 +5.1%	$252,206 +1.5%
2015	$2,564 +3.2%	$248,420 +2%
2014	$2,484	$243,556 +24.9%
2013	--	$195,000 +10.2%
2012	--	$177,000 +6.6%
2011	--	$166,000 -7.3%
2010	--	$179,000 +5.9%
2009	--	$169,000 -25.7%
2008	--	$227,309 +2%
2007	--	$222,853 +2%
2006	--	$218,484 +2%
2005	--	$214,200 +177.6%
2003	--	$77,168 +2%
2002	--	$75,656 +2%
2001	$1,285 +3.6%	$74,174 +2%
2000	$1,240	$72,721