Property Details
About this Property
16459 Joy Street presents a compelling multifamily investment opportunity in Lake Elsinore, CA. This 10-unit property features spacious three-bedroom townhome-style units with premium amenities, including central air and heat, private patios, and in-unit laundry hookups. Residents appreciate the convenience of private two-car garages, driveways, and some units even featuring a carport. Strategically situated near Lake Elsinore's scenic waterfront, the property is within walking distance to Machado Elementary School and proximate to Lakeside High School. Riverside Drive offers easy access to local retailers, restaurants, and grocers, while Interstate 15 provides seamless connectivity to regional employment hubs. With two units currently vacant, this property is ideal for owner-occupants seeking a prime location with growth potential. A comprehensive renovation plan can unlock significant rental premiums, capitalizing on strong demand for quality multifamily housing in this desirable SoCal market.
MLS Listing Information
MLS #
CRTR26019025
MLS Source
California Regional MLS
Days on Site
5
Interior Features
Heating
Central Forced Air
Parking, School, and Other Information
Garage/Parking
Carport, Garage, Other, Garage: 18 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 8 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
16459 Joy St is a Residential Income in Lake Elsinore, CA 92530. This – square foot property sits on a 26,136 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,750,000 and was built in 1984. This address can also be written as 16459 Joy St, Lake Elsinore, CA 92530.
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This listing information is up-to-date as of January 27, 2026. For the most current information, please contact Vince Kwon
