30 Lakeview

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30 Lakeview

Lake Elsinore, CA 92530
Asking Price
$250K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Residential land parcel situated in Lake Elsinore, California
  • Water meter is currently installed on the property
  • Electrical utility connections are located in close proximity
  • Private homesite featuring views of mountains and lake
  • Priced for acquisition at a total of 250,000 dollars

What's Special

Construct a custom residence on this private 30 Lakeview homesite in Lake Elsinore. The property offers vistas of the local mountains and the nearby lake, providing a scenic backdrop for residential development. Situated within the Riverside County market, the location benefits from proximity to regional outdoor recreation and steady growth across the Inland Empire. The parcel is prepared for utility connection with an existing water meter already installed on the site, while electrical infrastructure remains accessible nearby. This land provides a foundational asset for an owner-occupant or a private builder looking to establish a footprint in this established suburban community. The terrain and elevation allow for a design that maximizes the surrounding views, catering to those seeking a balance between natural surroundings and access to Southern California thoroughfares.

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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637

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