17797 Grand A & B, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath
Loading property details...
Lake Elsinore, California 92530
Analysis of 17797 Grand A & B, Lake Elsinore, California 92530 is currently available with a list price of $463,500. 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.
Property is moderate renovation needed.
Originally built in 1947 with renovations appearing to be 15-25 years old. While clean and functional, the kitchen features dated oak cabinetry and laminate countertops, and the units utilize older wall heaters and window AC units instead of modern central HVAC systems.
The property is uniquely zoned for commercial use, offering significant flexibility for business owners or investors looking for diverse redevelopment and professional use opportunities.
As a well-maintained duplex at an accessible price point, this property provides an excellent opportunity for owner-occupants to live in one unit while offsetting their mortgage by renting the other.
Situated within walking distance of Lake Elsinore and Perret Park, the property is perfectly positioned for outdoor enthusiasts to enjoy boating, hiking, and local adventure sports.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With a total of only 800 square feet divided between two units, the individual living spaces are quite small, which may limit appeal for long-term tenants or those with significant storage needs.
Built in 1947, the property’s age may necessitate more frequent maintenance or future capital improvements to aging systems compared to more modern residential income properties.
New Vinyl fencing is installed!! Affordable Duplex near Lake Elsinore. Each unit has its own yard. Great opportunity to own a clean and kept duplex in the City of Lake Elsinore Dream Extreme. Each unit is a one-bedroom, one-bath layout and enjoys its own private yard, plus plenty of parking. The units are smaller, though clean, functional, and maintained, offering strong rental appeal. Located within walking distance to Lake Elsinore and Perret Park, which backs right up to one part of Lake Elsinore's shoreline. Enjoy boating, water skiing, wing foiling, fishing, and lakeside recreation. The nearby airport offers glider rides and skydiving, and the area is home to the California Motorcycle Road Race Association. Outdoor enthusiasts will love the excellent hiking trails and the Elsinore Launch located on the Ortega Highway, where hang gliding is enjoyed. A great opportunity for investors or owner-occupants looking for an affordable property to live in one and rent the other in a growing, adventure-driven community. This property is zoned for commercial, giving this property so many possibilities for someone who has a business. Contact the city of Elsinore to explore all the uses that this unique property could potentially be used for.
No exterior & parking available.
Grades K-8 • 1.2 mi
Grades 6-8 • 5.3 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 800 | 1,243.5 | 13% |
| Lot Size | 3,920 | 7,840.5 | 25% |
| Price | $463.5K | $543.5K | 25% |
| Price per sq ft | $579 | $375 | 88% |
| Built year | 1947 | 1972 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 178 | 13% |
Apr 28, 2026
$463,500
Initial Listing
Jun 23, 2015
$175,000
Public Record
Mar 2, 2015
$100,000
Public Record
Jan 8, 2004
$139,500
Public Record
Jan 5, 2001
$52,500
Public Record