905 W Sumner A & B, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 6 bed, 6 bath
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905 W Sumner A & B
Lake Elsinore, California 92530
ACTIVE
CONDITION: EXCELLENT
6Beds
6Baths
2,926Sq Ft
7,841Lot Size
Property Price
LIST PRICE$975,000
EST. MARKET VALUE
$952,345
SUMMARY
This Turnkey Duplex represents a Strong Value Opportunity, listed at $975,000—positioned well above the $952,346 Fair Market Value by -2%. Featuring an Excellent Condition Rating and modern upgrades, this property offers immediate cash flow with one unit currently leased at $2,895. Residents enjoy Panoramic Lake Views and private balconies, blending lifestyle appeal with financial stability. With its dual-unit configuration and proximity to downtown, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hacking strategy.
Estimated Market Value
$952,345
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 |
|---|---|---|---|---|---|---|
★ 905 W Sumner A & B Subject 6 bd · 6 ba · 2,926 sqft · $325 | $975,000* List Price | 6 | 6 | 2,926 | $325 | - |
A 138 E Peck Sold 6 bd · 5 ba · 2,605 sqft · $288 · 0.7 mi | $750,000 | 6 | 5 | 2,605 | $288 | 0.7 mi |
B 237 E Prospect Street Sold 6 bd · 3 ba · 2,369 sqft · $322 · 0.8 mi | $762,350 | 6 | 3 | 2,369 | $322 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2010, the property has undergone a recent comprehensive renovation featuring modern shaker-style cabinetry, stone countertops, newer flooring, and updated fixtures. It is in mint, move-in-ready condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
This duplex offers a turnkey investment opportunity with one unit already leased at $2,895 monthly, providing immediate cash flow or a 'house-hacking' option for an owner-occupant.
- Scenic Lake Views
The property boasts panoramic views of Lake Elsinore, specifically from the primary suites' private balconies, which serves as a major selling point and enhances tenant desirability.
- Modern Turnkey Condition
Built in 2010 and recently updated with fresh paint, newer flooring, and updated fixtures, these units offer a contemporary living experience with minimal immediate maintenance required.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2926, other record living area = 1417. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
- Lack of Enclosed Garages
The property features carports rather than enclosed garages, which may be a disadvantage for residents seeking higher security or additional enclosed storage space.
- Aggressive Price Appreciation
The list price of $975,000 represents a significant increase from its $675,000 sale price in 2022, which may lead to appraisal challenges or scrutiny regarding the current market valuation.
About 905 W Sumner A & B
Live in the front unit, #A - 3 bedrooms and 2-1/2 baths with panoramic lake views. Rent out the back unit, #B - currently leased at $2,895 monthly. This property is near the lake and features 2, almost identical, upgraded homes. Each homes includes 3 bedrooms and 2 1/2 bath plus a 2-car carport. The units are nearly identical. Nicely updated inside and out, each townhouse features fresh paint, newer flooring & updated fixtures throughout. The entry's open to a spacious living-room that flows seamlessly into a light & bright great-room with comfortable living space. Enjoy the inviting eat-in kitchen spaces & the generously sized kitchens offering ample cabinetry. The laundry areas are conveniently located at the base of each staircase. Upstairs are 3 well-appointed bedrooms, including 2 with walk-in closets & primary suites that features a private balcony with views of Lake Elsinore. Each home includes 2 covered, parking spaces. Located near the Historical Downtown, Schools and the Lake ...!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 2010
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 6 (6 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 | 6.0 | 4.5 |
| Baths | 6.0 | 3.5 |
| Square foot | 2,926 | 2,055.333 |
| Lot Size | 7,841 | 6,388.667 |
| Price | $975.0K | $581.7K |
| Price per sq ft | $333 | $366 |
| Built year | 2010 | 1944 |
| HOA | $0 | $0 |
| Days on market | 10 | 115 |
Pricing History
Listed for Sale
Oct 15, 2026
$975,000
Initial Listing
Sold
Aug 2, 2022
$675,000
Public Record
Sold
May 1, 2006
$165,000
Public Record
Sold
Apr 7, 2005
$120,000
Public Record