17797 Grand A & B

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17797 Grand A & B

Lake Elsinore, CA 92530
Asking Price
$464K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property is an apartment building with two distinct units
  • Asset is currently offered for sale at $463,500
  • Located in Lake Elsinore in the Riverside County region
  • Features a residential configuration suitable for long-term rental income
  • Situated within the growing Inland Empire residential submarket

What's Special

Priced at $463,500, this multifamily apartment building located at 17797 Grand A & B in Lake Elsinore, California, presents a residential investment opportunity. The property consists of two distinct units, providing a manageable scale for investors looking to establish or expand a foothold in the Inland Empire. Lake Elsinore remains a growing submarket within Riverside County, characterized by its consistent population growth and access to the regional transportation network centered around Interstate 15. This accessibility supports a steady demand for rental housing across the region. Investors and property owners can utilize this asset for long-term residential leasing strategies, catering to the ongoing influx of residents seeking suburban housing options. Its straightforward configuration allows for clear operational oversight in a market that continues to benefit from the broader economic expansion of Southern California.

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NOI
$80,000
Cap Rate
17.26%
DSCR
2.91
Strong
Cash-on-Cash
37.74%
Monthly Payment
$2,293.145
Annual Cash Flow
$52,482.259

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