237 E Prospect Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - bed, bath

237 E Prospect Street, Lake Elsinore, California 92530 home-pic-0

237 E Prospect Street

Lake Elsinore, California 92530

ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
2,369Sq Ft
7,405Lot Size

Property Price

LIST PRICE$799,000

SUMMARY

Analysis of 237 E Prospect Street, Lake Elsinore, California 92530 is currently available with a list price of $799,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new 2025 construction duplex featuring modern open-concept layouts, designer finishes, and all-new appliances and systems. As a newly completed build, it meets the highest quality standards with no physical depreciation or deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

CONSRISKS & DEFICIENCIES

About 237 E Prospect Street

Calling all investors! Maximize your portfolio with this rare, turnkey duplex opportunity! Perfectly designed for high-yield rental income or sophisticated multi-generational living, this brand-new build offers a total of 2,369 sq. ft. of modern luxury. Primary Residence: Spacious 4-Bed, 2-Bath floor plan (1,519 sq. ft.) featuring an airy, open-concept layout and designer finishes. Private ADU/Unit: Fully independent 2-Bed, 1-Bath (850 sq. ft.)—ideal for short-term rentals or steady long-term tenants. Bonus Value: The oversized 2-car garage is extra-wide and prepped for potential conversion into a Junior ADU (buyer to verify with City), offering a third potential income stream! Key Features: Connected to sewer (no septic worries!), ample off-street parking, and lightning-fast access to the 15 Freeway. Just minutes from the lake for premier fishing and recreation. Note: High days on market is due to early promotion during the construction phase. The home is now complete and move-in ready! Seller is motivated—bring your offers!

Property Details

Public Facts

Property Type
Duplex
Year Built
2025
Lot Size
7,405 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot2,3692,310
67%
Lot Size7,4057,405
50%
Price$799.0K$725.0K
67%
Price per sq ft$337$314
67%
Built year20251976
67%
HOA$0$0
50%
Days on market102150
33%

Pricing History

Listed for Sale

Feb 18, 2026

$799,000

$875,000

-9% Price Drop

Initial Listing

Price Change

Jan 12, 2026

$875,000

$900,000

-3% Price Drop

Initial Listing

Price Change

Nov 25, 2025

$900,000

Initial Listing

Sold

May 31, 2024

$60,000

Public Record

Sold

Sep 18, 2018

$430,000

Public Record

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