217 N Chestnut St

Lake Elsinore, CA 92530 View Map $559,500 Ask a Question
Sq.Ft. Lot5,663
Year1957
217 N Chestnut St Lake Elsinore, CA 92530 | MLS SW22006912 Photo 1
217 N Chestnut St Lake Elsinore, CA 92530 | MLS SW22006912 Map
Meeker Realty Group

Meeker Realty Group

(951) 501-4991

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Status: Sold
Property Type:Residential Income (Multi-Family)
MLS #:SW22006912
Date Sold:6/2/2022
Lot Size:5,663 Sq. Ft.
County:Riverside

Listing Agent/Office

Agent:Rudolph Lacayo
Office:Exp Realty Of California, Inc.

Co-Listing Agent/Office

Agent Name:Anthony Camou
Office Name:Exp Realty Of California, Inc.
TRIPLEX IN HISTORIC DOWNTOWN, CLOSE TO LAKE, SHOPPING AND FREEWAY. SHOW REAL NICE. ALL TENANTS ARE LONGTIME. ENCLOSED BY BEAUTIFUL WROUGHT IRON FENCING, EASY MAINTENANCE. INDIVIDUAL LAUNDRY ROOM. MUST SEE THIS ONE.

Detailed Maps

Community Information

Address:217 N Chestnut St, Lake Elsinore, CA 92530
Area:SRCAR - Southwest Riverside County
County:Riverside
City:Lake Elsinore
Zip Code:92530

Architecture

Year Built:1957
Stories:2
Building Area: 1890.0
Number of Buildings: 1
Total Units: 3
Stories Total: 2
Unit 1: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $900 actual rent • $900 total rent • $1,200 pro forma
Unit 2: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $875 actual rent • $875 total rent • $1,200 pro forma
Unit 3: 1 Unit • 2 Beds • 1 Bath • Unfurnished • $1,000 actual rent • $1,000 total rent • $1,250 pro forma
Roof: Composition, Rolled/Hot Mop
Garage Spaces: 2.0

Features / Amenities

Laundry: Laundry Room
Common Walls: 2+ Common Walls
Parking Total: 2.0
Cooling: Wall/Window Unit(s)
Heating: Wall Furnace

Rooms

Laundry

Property Features

Lot Size: 0.13 Acres / 5,663 Sq. Ft.
Lot Features: Rectangular Lot, Street Level
View: Mountain(s)
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Road Frontage: City Street
Road Surface: Paved
Fencing: Wrought Iron
Zoning:R3
Directions:MAIN ST TO HEALD, TURN E. TO CHESTNUT, TURN LEFT, UNITS ON YOUR LEFT

Tax and Financial Info

Buyer Financing: Conventional
Gross Scheduled Income: $2,775
Net Operating Income: $2,315
Insurance Expense: $1,000
Trash Expense: $712
Water/Sewer Expense: $3,000
Operating Expense: $460
Terms: Cash, Conventional
Tenant Pays: CableTV, Electricity, Telephone
Land Lease: No

Schools

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Based on information from California Regional Multiple Listing Service, Inc. as of March 28, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
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