$624,999

18487 Grand, Lake Elsinore, CA 92530

  • 7 beds |
  • 4 baths |
  • 3,300 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon2.15acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $189/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Discover an exceptional multi-unit investment and development opportunity located at 18487 Grand Ave in Lake Elsinore. Offered at $624,999, this unique property sits on over 3 acres of beautiful, development-ready land, presenting a rare blend of immediate rental income potential and expansive space to realize a grander vision. This versatile property features four total income-producing units, providing a highly desirable mix for seasoned investors or those looking to offset their mortgage. The residential layout includes two one-bedroom, one-bathroom units, a comfortable two-bedroom, one-bathroom unit, and a spacious three-bedroom, two-bathroom home. This flexible arrangement is perfect for generating multiple streams of cash flow or accommodating multi-generational living. Nestled in a great central location, the sprawling three-plus acre lot serves as the perfect canvas to build your dream home or expand your real estate portfolio. Residents will enjoy stunning, panoramic mountain views and a peaceful atmosphere while remaining conveniently close to local shopping, dining, and community amenities. Whether you are looking for a cash-flowing asset or the perfect site to make your development dreams come true acre by acre, this property delivers unbeatable value and potential. Opportunities featuring multiple units on this much usable land are incredibly rare. Don't miss your chance to secure a significant piece of Lake Elsinore real estate!

Listing Status:
Active
Date Added:
October 5, 2026
Data Last Updated:
October 9, 2026 at 7:11AM
Listing Office:
Inland Valley Realty : 951-678-1028
Listing Agent:
Christopher Metcalf : 951-285-0606
MLS ID:
SW26213355
  • Appliances: N/K
  • A/C: N/K
  • Heating: Forced Air Unit
  • Fireplace: N/K
  • Disability Feature: None
  • Pool: N/K
  • Parking: Parking spaces: 0
  • Roofing: Composition
  • General: 1
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Riverside
  • Zoning: 371200026
  • View: Mountains/Hills
  • Fencing: Chain Link
  • Water: PublicWell
  • Sewer: Public Sewer
  • Source: California Regional MLS

This listing courtesy of Christopher Metcalf , Inland Valley Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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