2 Bella Minozza, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 5 bed, 3 bath
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Lake Elsinore, California 92532
This Value-Add Residential Asset is listed at $525,000 and currently holds a Poor Condition Rating, requiring extensive remediation for mold, electrical, and plumbing failures. Spanning 2,716 square feet on a massive 12,197 square foot lot, the estate offers significant scale for forced appreciation through a complete renovation. Located within the Lake Elsinore Unified School District and less than a mile from the top-rated Tuscany Hills Elementary (8/10), the location ensures strong future demand. This "as-is" project is an ideal acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on a high-upside renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 Bella Minozza Subject | $525,000* List Price | 5 | 3 | 2,716 | $121 | - |
A 1 Ponte Bianco Sold | $660,000 | 5 | 4 | 3,227 | $205 | 0.9 mi |
B 4 Plaza Avila Sold | $595,000 | 5 | 3 | 3,194 | $186 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in poor condition and requires substantial rehabilitation. Built in 1993, the listing explicitly states the home needs significant electrical and plumbing work, and suffers from potential mold and water damage. These issues, combined with the 'as-is' sale status and the need for professional inspections, indicate major system failures and safety concerns that go beyond cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 2716.
With 5 bedrooms and over 2,700 square feet of living area on a large 12,197 square foot lot, this property offers significant scale and potential for a spacious family estate.
Priced to reflect its condition, this home presents a prime 'fix-and-flip' or sweat-equity opportunity for investors looking to capitalize on a substantial renovation project in Lake Elsinore.
The residence requires significant structural and system overhauls, including electrical, plumbing, and remediation for potential mold and water damage.
Sold strictly 'as-is' with no warranties and subject to lien holder approval, the purchase process involves higher risk and potentially longer timelines than a standard transaction.
Property sold "as-is" in current condition. No repairs, warranties, disclosures, or inspections provided by seller. All offers subject to lien holder(s) approval. Buyer proof of funds or pre-qual letter and addendum to contract is required. Submit all offers on Special Sales Contract with Rider. Needs TLC, needs electrical/plumbing work, property has potential mold, water damage and plumbing issues. Professional inspections required.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.4 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 69% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,716 | 2,541 | 63% |
| Lot Size | 12,197 | 7,405 | 88% |
| Price | $525.0K | $630.0K | 2% |
| Price per sq ft | $193 | $257 | 6% |
| Built year | 1993 | 2007 | 4% |
| HOA | $203.0 | $134 | 74% |
| Days on market | 323 | 196 | 92% |
Feb 28, 2026
$525,000
$703,000
-25% Price Drop
Initial Listing
Oct 22, 2025
$703,000
Initial Listing
Jun 3, 2025
$342,900
Initial Listing