15 days on rocket

401 W Graham Ave, Lake Elsinore, CA, 92530

$539,000

Home List Price

$6,401*

Closing Credit

3 Bedrooms
2 Full Baths
1,268 SqFt
$425/SqFt
Multi
Schools Nearby

Location

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401 W Graham Ave, Lake Elsinore$539,000

Buyer Closing Credits

$6,401*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDoor-Multi, Garage
Attached Garage3 spaces
Year Built1921
HeatingNone
CoolingWall/Window Unit(s)
FireplaceNone
ViewNeighborhood
MLS #CV24075631
Lot Size0.19 Acres
StatusActive

About 401 W Graham Ave

Welcome to this fantastic income-producing property in the heart of Lake Elsinore, California! This charming duplex offers a wonderful opportunity for buyers and investors alike. Property features a total of 3 bedrooms and 2 bathrooms, Includes a three-car detached garage for convenience and storage, Unit A: Two bedrooms, one bathroom, open layout to the living room, Unit B: One bedroom, one bathroom, Spacious lot size of 8,276 sq ft with a large backyard and back patio area. This property presents endless possibilities for expansion and additional income potential. The current owner has pursued ADU opportunities, and buyers are encouraged to conduct their due diligence with the city to explore further growth prospects. Situated in close proximity to Lake Elsinore, residents can enjoy a variety of recreational activities such as swimming, fishing, boating, and more. The area is also known for its abundance of extreme sports and outdoor adventures, perfect for those seeking an active lifestyle. Don't miss out on this great investment opportunity! Contact John Chapman for all property inquiries and to schedule a viewing. Explore the potential of this property and make it yours today! ??

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Stories: 1
  • Living Area: 1,268 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER LEADERS
  • Office Phone: (818) 441-6629
  • Listing Agent: John Chapman

Interior Features

Interior Information:

  • Flooring Type: Vinyl
  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Temescal Canyon High School, Public District Grades 9-12
  • Elsinore Middle School, Public District Grades 6-8
  • Elsinore Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Exit Main Street. Go West. Turn north on W Graham.

Price Information

Listing Price Info

Price Summary:

  • List Price: $539,000
  • Price Per SqFt: $425/SqFt

Tax Information:

  • Annual Amount: $451
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lake Elsinore, CA.

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Lake Elsinore, CA

City

Med. Sold Price

$575K

Med. Price/SqFt

$290

Avg. Days On Market

25

# of Sold Homes

77

401 W Graham Ave vs Lake Elsinore

15 DAYS ON ROCKET

-10 Days

$539,000

-$36K Less

$425/SqFt

+$134 More

KEY TAKEAWAY

This property is $36K less than the Median Sold Price and $134/SqFt more than other homes in Lake Elsinore, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24075631

Listing Office:

  • Office Name: COLDWELL BANKER LEADERS
  • Office Phone: (818) 441-6629
  • Listing Agent: John Chapman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$451$28,750
2020$451$28,456
2018$439$27,353
2017$424$26,817

History based on county public records data.

Payment Calculator

$2,758

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,682

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4508590
2
/10

  • Elsinore Elementary School

  • 512 W Sumner Ave

  • 0.24 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4508591
5
/10

  • Elsinore Middle School

  • 1203 W Graham Ave

  • 0.47 miles

  • Public District Grades 6-8

High School

school-card-donut-4508592
5
/10

  • Temescal Canyon High School

  • 28755 El Toro Rd

  • 2.52 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,642. Most Lake Elsinore, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Riverside County›Lake Elsinore›92530›401 W Graham Ave

This home is located at 401 W Graham Ave in Lake Elsinore, CA and zip code 92530 in the Lake Elsinore Historic District neighborhood. This 1,268 square foot home, which was built in 1921, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $539,000.

Lake Elsinore, CA housing market in April 2024 saw over 40 listings sold above listed price, more than 21 sold at listed price and over 16 sold below. The number of listings in Lake Elsinore, CA decreased by 0.7% between March 2024 and April 2024. In April 2024 median list price was $575,000 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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