150 E Lakeshore 15, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath
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Lake Elsinore, California 92530
Analysis of 150 E Lakeshore 15, Lake Elsinore, California 92530 is currently available with a list price of $215,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Lake Elsinore Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1964 (60 years old) with no mention of recent renovations. While described as 'clean,' the age significantly exceeds the 30-year threshold for the 'poor' category, suggesting original or outdated systems, kitchen, and baths that likely require rehabilitation.
Priced at $215,000, this property represents a highly accessible entry point for homeownership in Southern California, particularly for seniors on a fixed budget.
The inclusion of on-site parking, a swimming pool, and laundry facilities provides convenient lifestyle benefits that add significant value to the senior living experience.
Described as clean and well-maintained, the home offers a turn-key opportunity for buyers looking to avoid the immediate stress and cost of renovations.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =800, other record lot size in square feet = 871.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 800, living area = 800.
Built in 1964, the property may require more frequent maintenance or future capital improvements to aging systems compared to newer developments.
Senior Community. Clean, 2 bedroom, 1 1/2 baths. On site parking, pool, laundry facility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 10% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 800 | 1,928 | 2% |
| Lot Size | 800 | 7,319 | 4% |
| Price | $215.0K | $595.0K | 1% |
| Price per sq ft | $269 | $305 | 27% |
| Built year | 1964 | 2003 | 13% |
| HOA | $345.0 | $0 | 100% |
| Days on market | 0 | 169 | 2% |
May 25, 2026
$215,000
Initial Listing
Feb 22, 2013
$60,000
Public Record