16377 Lakeshore Dr #1a 1a, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath

16377 Lakeshore Dr #1a 1a
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 16377 Lakeshore Dr #1a 1a, Lake Elsinore, California 92530 is currently available with a list price of $329,999. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is in move-in ready, turn-key condition with several recent high-value upgrades including a new HVAC system and air handler, quartz countertops, fresh paint, and updated light fixtures. While the structure dates to 1990, the combination of well-maintained systems, newer appliances, and aesthetic updates like crown molding and newer carpet elevates it above the 'fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- Turn-Key Upgrades
The unit features significant recent improvements including Quartz countertops, a new HVAC system, fresh paint, and updated fixtures, offering a move-in-ready experience for the buyer.
- Enhanced Parking & Storage
Rare for this price point, the property includes a detached one-car garage with a new opener and drywall, an additional assigned space, and ample guest parking nearby.
- Desirable Corner Unit
As a single-story corner unit in a gated community, the home provides added privacy, easier access, and better natural light compared to interior or multi-level units.
CONSRISKS & DEFICIENCIES
- Sale Contingency
The transaction is contingent upon the seller finding a replacement property, which may lead to an extended or unpredictable closing timeline for the buyer.
- Compact Square Footage
With only 785 square feet of living space, the interior footprint is relatively small, which may limit appeal for those requiring larger rooms or a dedicated home office.
About 16377 Lakeshore Dr #1a 1a
Single-story 2-bedroom, 2-bathroom corner-unit condo located in a gated community approximately 1.5 miles from Lake Elsinore. The home features tile flooring, Quartz countertops, crown molding, updated hardware, updated bathroom light fixtures, and newer carpet. Both bathrooms include tubs. Additional features include large closets, abundant storage, and freshly painted elements throughout. The property includes all major appliances (stove approx. 3 years old), washer and dryer, new HVAC and air handler, new exhaust fan in the primary bathroom, and a smart thermostat (seller willing to replace with a standard thermostat if preferred). Tile floors on a concrete slab help maintain cooler interior temperatures in summer. Parking includes a detached one-car garage (#46) with built-in storage shelf, assigned parking space (#46), and nearby guest parking. The garage has a newly installed garage door opener and new remote programmed for both the garage and community gate. Additionally the garage has been newly drywalled and freshly painted. Patio includes an HOA-approved shade and privacy hedge included. Community amenities include a pool, spa, recreational meeting room, landscaping, and trash service. Location offers convenient access to shopping, services, and commuter routes. Low-maintenance living with turn-key condition. Sale is contingent upon seller finding a replacement property
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 809 Sq. Ft.
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 • 0.4 mi
Terra Cotta Middle School
Grades 6-8 • 1.2 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 | 785 | 1,642 | 6% |
| Lot Size | 809 | 1,429.5 | 19% |
| Price | $330.0K | $447.5K | 19% |
| Price per sq ft | $420 | $282 | 94% |
| Built year | 1990 | 2016 | 38% |
| HOA | $360.0 | $229 | 75% |
| Days on market | 49 | 174 | 6% |
Pricing History
Listed for Sale
Feb 27, 2026
$329,999
$334,999
-1% Price Drop
Initial Listing
Price Change
Jan 17, 2026
$334,999
Initial Listing
Sold
Dec 21, 2021
$230,000
Public Record
Sold
Jul 24, 2009
$46,000
Public Record
Sold
Oct 21, 2005
$215,000
Public Record















