
Lake Elsinore, California 92530
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $365,000—positioned well above the $354,840 Fair Market Value by -2%. While the home features a Condition Rating of 4, it offers significant mechanical upgrades, including a newer HVAC system and water heater. The property provides a functional layout with a low-maintenance backyard and peekaboo mountain views. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home with potential for cosmetic value-add.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1127 Monroe Street Subject | $365,000* List Price | 2 | 2 | 875 | $406 | - |
A 3803 Eisenhower Sold | $412,000 | 3 | 2 | 1,125 | $366 | 0.1 mi |
B 763 Quail Drive Active | $380,000 List Price | 2 | 2 | 875 | $434 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the home features great mechanical updates including a newer HVAC system and a water heater less than 5 years old. However, the kitchen and bathrooms are highly dated with older cabinetry and tile finishes that require cosmetic updates, though currently functional and move-in ready.
Welcome to this beautifully refreshed 2-bedroom, 2-bathroom home offering modern updates, abundant natural light, and easy low-maintenance living. Featuring a newer A/C and heating system, a water heater less than five years old, fresh interior paint, and a brand-new stove, this move-in-ready property is ready to enjoy from day one. The bright and inviting floorplan is filled with natural light and designed for comfortable everyday living. The spacious family room serves as the heart of the home and features a sliding glass door that opens to the backyard, creating a seamless indoor-outdoor connection. The kitchen offers functional workspace and storage, while the well-designed layout includes two comfortable bedrooms and two full bathrooms. The primary suite provides a private retreat with its own en-suite bathroom. Head outside to a low-maintenance backyard featuring concrete and stone patios, decorative planter borders, built-in BBQ, and peekaboo mountain views—perfect for relaxing, outdoor dining, or enjoying the peaceful surroundings without extensive upkeep. Additional highlights include laundry hookups in the attached 2-car garage, ample storage, and a convenient location close to everyday amenities. Combining recent upgrades, comfortable living spaces, and an easy-care yard, this home is an excellent opportunity for a variety of lifestyles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 875 | 1,973 |
| Lot Size | 3,049 | 6,970 |
| Price | $365.0K | $601.5K |
| Price per sq ft | $417 | $293 |
| Built year | 1980 | 2004 |
| HOA | $0 | $146 |
| Days on market | 27 | 64 |
Jun 25, 2026
$365,000
Initial Listing
Oct 27, 1999
$43,000
Public Record