33233 Wride, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath
Loading property details...
33233 Wride
Lake Elsinore, California 92530
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,036Sq Ft
8,276Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$439,948
7% AboveMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $475,000—positioned above the $439,948 Fair Market Value. While priced slightly above market, the property features a Good Condition Rating with recent upgrades like new flooring and a modern HVAC system. The 8,276 sq. ft. lot provides significant development potential for an ADU or workshop, while the No HOA status ensures low ownership costs. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with long-term growth potential.
Estimated Market Value
$439,948
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33233 Wride Subject | $475,000* List Price | 2 | 2 | 1,036 | $425 | - |
A 33217 Wood Sold | $435,000 | 4 | 2 | 1,100 | $395 | 0.1 mi |
B 18645 Grand Sold | $480,000 | 3 | 2 | 1,200 | $400 | 0.8 mi |
C 17771 Brightman Sold | $425,000 | 2 | 4 | 1,106 | $384 | 0.3 mi |
D 33100 Turner Street Sold | $530,000 | 3 | 2 | 1,285 | $412 | 0.2 mi |
E 17628 Bobrick Sold | $380,000 | 2 | 1 | 1,086 | $350 | 0.6 mi |
F 17687 Bobrick Avenue Sold | $436,000 | 3 | 1 | 1,120 | $389 | 0.4 mi |
G 17635 Nelson Avenue Sold | $401,700 | 3 | 2 | 886 | $453 | 0.5 mi |
H 33161 Pederson Pending | $459,000 List Price | 2 | 1 | 931 | $493 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1996 (28 years old), the property has undergone recent renovations that qualify it as move-in ready. Key updates include new LVP flooring, a modernized bathroom with a new vanity and subway tile, and the installation of a contemporary mini-split HVAC system. While the structure is older, the recent interior improvements and turnkey condition align with the 'Good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1036.
- Low Ownership Costs
The property features a low tax rate and no HOA fees, significantly enhancing long-term affordability and appeal for both first-time buyers and investors.
- Development Potential
The oversized 8,276 sq. ft. lot and detached garage offer excellent opportunities for RV storage, a private workshop, or the addition of an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- Limited Living Space
At just 1,036 square feet with a two-bedroom configuration, the home may feel restrictive for larger families or those needing additional flex space.
- Lack of Scenic Appeal
The property lacks a designated view, which may be a disadvantage compared to other homes in the Lake Elsinore area that offer mountain or lake vistas.
About 33233 Wride
Upgraded! No HOA! Low tax rate! This beautiful 2 bedroom, 2 bathroom home boasts many upgrades that consider it turnkey. Perfect first home or investment property. Upgrades include new flooring. An oversized detached garage is perfect for your own workshop. The oversized lot offers opportunities for an ADU or RV storage. Home is located in the desirable Lakeland Village and just minutes from Lake Elsinore. Come take a look! You will fall in love!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1996
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,036 | 1,997.676 |
| Lot Size | 8,276 | 7,302.624 |
| Price | $475.0K | $602.7K |
| Price per sq ft | $458 | $299 |
| Built year | 1996 | 2005 |
| HOA | $0 | $146 |
| Days on market | 26 | 65 |
Pricing History
Listed for Sale
Aug 14, 2026
$475,000
Initial Listing
Sold
Mar 10, 2021
$240,000
Public Record