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33137 Dowman, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 1 bath

33137 Dowman, Lake Elsinore, California 92530 home-pic-0
ACTIVE$395,000
33137 Dowman, Lake Elsinore, California 92530
2Beds
1Bath
952Sqft
3,920Lot
Year Built
1978
Close
-
List price
$395K
Original List price
$395K
Price/Sqft
$415
HOA
-
Days on market
-
Sold On
-
MLS number
IV25259450
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,5 Pros. Rank: price - $395.0K(3th), sqft - 952(3th), beds - 2(7th), baths - 1(3th).

Charming Starter Home in the Heart of Lake Elsinore! Welcome to this inviting 2-bedroom, 1-bath home — ideal for first-time homebuyers or small families looking to begin their real estate journey. This property is move-in ready and offers a great opportunity to add your own personal touch with some cosmetic updates. Located in a desirable neighborhood of Lake Elsinore, this home provides convenient access to shopping, schools, parks, and major freeways. The motivated sellers recently expanded their family and are seeking a larger space, creating an excellent opportunity for a new buyer. Don’t miss your chance to own a charming home in a growing community — schedule your showing today!

Nearby schools

3/10
Lakeland Village School
Public,•K-8•1.0mi
6/10
Canyon Lake Middle School
Public,•6-8•5.3mi
5/10
Lakeside High School
Public,•9-12•3.3mi

Price History

Date
Event
Price
11/30/25
Listing
$395,000
11/21/18
Sold
$220,000
Condition Rating
Fair
The property was built in 1978, making it 46 years old. While described as 'move-in ready,' the interior, particularly the kitchen and bathroom, is significantly dated with original-style wood cabinets, tile countertops, and older white appliances. The presence of wall-mounted AC units and a wall heater instead of central HVAC indicates older systems. The carpeting also shows wear. These factors suggest the home is aged but maintained, requiring cosmetic updates and system modernizations rather than substantial repairs, fitting the 'Fair' category.
Pros & Cons

Pros

Target Market Appeal: Ideal for first-time homebuyers or small families, offering an accessible entry point into homeownership.
Move-in Ready: The property is described as move-in ready, allowing for immediate occupancy without major initial repairs.
Convenient Location: Situated in a desirable neighborhood with convenient access to shopping, schools, parks, and major freeways.
Mountain Views: The property boasts desirable mountain views, enhancing its aesthetic appeal and potential value.
Motivated Sellers: The sellers are motivated due to family expansion, potentially offering a good opportunity for negotiation or a quick closing.

Cons

Compact Size: With 2 bedrooms, 1 bathroom, and 952 sqft, the property offers limited space, which may not suit larger families or those desiring more room.
Cosmetic Updates Needed: The description indicates an opportunity to add personal touches with cosmetic updates, implying additional investment may be required post-purchase.
Priced Above Estimation: The listing price is 8% above the property's estimated value, which could be a point of concern for buyers or lenders.

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