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

237 E Prospect Street
Lake Elsinore, California 92530
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,369 | 2,310 | 67% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $799.0K | $725.0K | 67% |
| Price per sq ft | $337 | $314 | 67% |
| Built year | 2025 | 1976 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 102 | 150 | 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





















