33380 Westlong Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath
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Lake Elsinore, California 92530
Analysis of 33380 Westlong Street, Lake Elsinore, California 92530 is currently available with a list price of $399,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1962 (>50 years old) with no evidence of renovation. The listing explicitly states the home needs a 'full heavy renovation,' is sold 'AS-IS,' and requires cash or alternative financing, suggesting the structure may be unlivable and the value is primarily in the land and views.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31363, living area = 1911.
Positioned as the final residence on the street, this property offers unparalleled privacy and breathtaking panoramic views of Lake Elsinore, surrounding mountains, and city lights.
The sale includes three separate parcels totaling approximately 0.72 acres, providing an expansive footprint and a unique landscape of natural boulders and greenery for custom enhancement.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =31363, other record lot size in square feet = 3920.
The property is in need of a full heavy renovation and is sold in as-is condition, requiring substantial additional capital and effort to make it habitable.
The presence of an unpermitted structure and the home's distressed condition likely disqualify traditional financing, necessitating cash or alternative funding sources.
Unique opportunity in the Ortega corridor area of Lake Elsinore. This property includes three parcels totaling approximately 0.72 acre and features a custom-built reinforced steel and concrete residence offering approximately 1,911 sq ft with 2 bedrooms and 1.75 bathrooms. Positioned as the last home on the street, the setting provides privacy, natural surroundings, and beautiful scenic views overlooking the city of Lake Elsinore LAKE. The land showcases natural boulders, mature greenery, and a distinctive landscape that offers potential for customization and enhancement. The value of this property lies not only in the structure but also in the land, location, and views. An additional structure is present; however, it is not permitted. Property is on septic and includes a concrete/modified bitumen roof. The home is in need of full heavy renovation and is being sold in AS-IS condition. Due to property condition, cash or alternative financing may be required. Buyer to verify all information, including square footage, lot size, zoning, permits, and permitted use.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 2.6 mi
Grades K-8 • 4.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 11% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,911 | 1,920 | 50% |
| Lot Size | 31,363 | 7,022 | 96% |
| Price | $399.0K | $595.0K | 6% |
| Price per sq ft | $209 | $306 | 3% |
| Built year | 1962 | 2002 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 161 | 4% |
May 1, 2026
$399,000
Initial Listing
Oct 17, 2019
$5,000
Public Record