33081 33081 Esther 2, Lake Elsinore, California 92530, Lake Elsinore, 92530 - bed, bath
33081 33081 Esther 2
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 33081 33081 Esther 2, Lake Elsinore, California 92530 is currently available with a list price of $635,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1979, this duplex is well-maintained and functional but shows significant signs of being outdated. The kitchens feature older white appliances and painted cabinetry, while the bathrooms and flooring reflect older styling. Although the property includes essential systems like central A/C and separate meters, the 'as-is' sale status and lack of recent comprehensive renovations place it firmly in the fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
This single-story duplex features separate gas and electric meters along with independent HVAC systems, making it an ideal setup for a high-yield rental investment or multigenerational living.
- Comprehensive Unit Amenities
Both units are exceptionally well-equipped with central A/C, private yards, fireplaces, and in-unit laundry, while the front unit adds significant value with an attached two-car garage.
- Prime Lakeside Location
Situated just blocks from the lake, the property occupies a desirable location that enhances tenant desirability and supports long-term appreciation in the Lake Elsinore market.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in as-is condition, which suggests the potential for deferred maintenance or the need for immediate capital improvements by the buyer.
- Pricing Volatility
A significant increase in the asking price from the original listing, combined with a 'back on market' status, may present challenges regarding appraisal valuations and buyer financing.
About 33081 33081 Esther 2
Back on the Market — Buyer Could Not Perform. Single-story duplex just blocks from the lake. Front unit offers 3 beds, 2 baths, fireplace, private yard, in-unit laundry, central A/C, and attached 2-car garage. Back unit features 2 beds, 1 bath, fireplace, private yard, laundry, and central A/C. Separate gas/electric meters and independent A/C systems. Strong rental potential or ideal for multigenerational living. Property sold AS-IS.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1979
- Lot Size
- 6,970 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 | 2,008 | 2,130 | 33% |
| Lot Size | 6,970 | 7,405 | 33% |
| Price | $635.0K | $635.0K | 50% |
| Price per sq ft | $316 | $314 | 67% |
| Built year | 1979 | 1976 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 152 | 152 | 67% |
Pricing History
Listed for Sale
Dec 5, 2025
$635,000
$605,000
+5% Price Increase
Initial Listing
Price Change
Nov 9, 2025
$605,000
$555,000
+9% Price Increase
Initial Listing
Price Change
Nov 4, 2025
$555,000
$548,000
+1% Price Increase
Initial Listing
Price Change
Oct 24, 2025
$548,000
$555,000
-1% Price Drop
Initial Listing
Price Change
Oct 13, 2025
$555,000
$545,000
+2% Price Increase
Initial Listing
Price Change
Oct 6, 2025
$545,000
Initial Listing