321 Avenue 12, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 3 bath
321 Avenue 12
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 321 Avenue 12, Lake Elsinore, California 92530 reveals a property with a current list price of $550,000, which is 21% above the estimated $453,094 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 321 Avenue 12 Subject | $550,000* List Price | 3 | 3 | 1,705 | $266 | - |
A 441 Avenue 10 Sold | $530,000 | 4 | 3 | 1,900 | $279 | 0.1 mi |
B 1621 Park Way Active | $510,000 List Price | 4 | 2 | 1,615 | $316 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1993, this property is 31 years old. While the kitchen boasts 'upgraded granite countertops,' the 'wooden cabinetry' and visible light fixtures in the images suggest a more traditional or slightly dated style. The property appears well-maintained with hardwood flooring in main living areas, but the carpeted staircase and some fixtures show their age. The analysis notes the 'Age of Systems' as a weakness, indicating major components may be nearing the end of their lifespan. The home is functional and has been cared for, but would benefit from cosmetic updates and potential system replacements to meet current standards, aligning with the 'fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Views
The property offers beautiful mountain views and city lights, enhancing its aesthetic appeal and daily living experience.
- Upgraded Kitchen
The large kitchen features upgraded granite countertops and wooden cabinetry, providing a modern and functional space.
- Spacious Living Area
The living room boasts high ceilings and abundant natural light, creating an open and inviting atmosphere.
CONSRISKS & DEFICIENCIES
- Age of Systems
Built in 1993, major systems such as HVAC, roof, and water heater may be original or nearing the end of their lifespan, potentially requiring future investment.
- Lack of Mentioned Cooling System
The description does not specify a cooling system (e.g., central AC), which could be a significant drawback during Lake Elsinore's hot summer months.
- Standard Lot Size
With a lot size of 5,227 sqft, the outdoor space is functional but not expansive, which may not appeal to buyers seeking a larger yard or extensive outdoor amenities.
About 321 Avenue 12
Beautiful mountain views 3 bedrooms, 2.5 bathrooms in Lake Elsinore, just minutes from the business center and outlet stores. The spacious living room boasts high ceilings and abundant natural light. The large kitchen features upgraded granite countertops. Wooden cabinetry leads to a family room with a fireplace. The second-floor master bedroom has a full bathroom and wardrobe, while the other two bedrooms share a full bathroom. You will enjoy the beautiful mountain scenery and sunrise everyday. Fish on the lake, shop in the business center and outlet stores.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1993
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
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 | 3.0 | 4.0 | 49% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,705 | 1,857 | 40% |
| Lot Size | 5,227 | 7,841 | 20% |
| Price | $550.0K | $590.0K | 32% |
| Price per sq ft | $323 | $319 | 51% |
| Built year | 1993 | 2004 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 193 | 2% |
Pricing History
Listed for Sale
Jan 16, 2026
$550,000
Initial Listing
Sold
Sep 23, 2013
$245,000
Public Record
Sold
Oct 30, 2008
$170,000
Public Record
Sold
Oct 8, 2002
$216,000
Public Record