16377 Lakeshore 2d, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath
16377 Lakeshore 2d
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 16377 Lakeshore 2d, Lake Elsinore, California 92530 is currently available with a list price of $289,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1990, this 34-year-old condominium is in mostly original condition with some minor updates. While the unit appears well-maintained and functional, the kitchen and bathrooms show signs of being outdated compared to modern standards. It fits the 'fair' criteria as an aged property that has undergone regular upkeep but lacks a comprehensive recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the gated Lido at Lakeshore community, the property offers excellent proximity to Lake Elsinore and local amenities, providing both security and convenience.
- Community Amenities
Residents benefit from desirable association features, including a swimming pool and well-maintained grounds, enhancing the overall lifestyle value.
- Private Parking
Unlike many smaller condominiums, this unit includes a private 1-car garage, offering secure parking and additional storage space.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With only 791 square feet of living space, the interior layout may feel restrictive for those seeking a more spacious 2-bedroom environment.
- Monthly HOA Dues
The $360 monthly association fee represents a significant recurring cost that buyers must factor into their overall monthly budget.
About 16377 Lakeshore 2d
Great opportunity 2 bedrooms 2 bathrooms. Gated community centrally located close to the lake and access to association pool. 1 car garage. Lido at lakeshore drive community.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $360.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Machado Elementary School
Grades K-5 • 0.5 mi
Terra Cotta Middle School
Grades 6-8 • 1.1 mi
Lakeside High School
Grades 9-12 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 791 | 1,642 | 13% |
| Lot Size | - | 1,429.5 | 13% |
| Price | $289.0K | $447.5K | 6% |
| Price per sq ft | $365 | $282 | 88% |
| Built year | 1990 | 2016 | 38% |
| HOA | $360.0 | $229 | 75% |
| Days on market | 3 | 174 | 6% |
Pricing History
Listed for Sale
Mar 4, 2026
$289,000
Initial Listing
Sold
Mar 16, 2022
$246,500
Public Record
Sold
Sep 13, 2005
$208,000
Public Record