Southwest Riverside County (SRCAR) Homes with Apartment Subtype

Welcome to Southwest Riverside County (SRCAR), a charming region nestled in the heart of Southern California. Located in Riverside County, this area boasts the beautiful city of Lake Elsinore, known for its stunning landscapes and vibrant community.

Homes with the Apartment subtype in SRCAR offer a unique and versatile living experience. Whether you're looking for a cozy studio or a spacious multi-bedroom unit, these homes provide the perfect blend of comfort and convenience. With modern amenities and stylish designs, these apartments cater to a wide range of preferences and lifestyles.

Living in SRCAR means enjoying a desirable lifestyle surrounded by picturesque views and endless recreational opportunities. From hiking trails and parks to shopping centers and restaurants, this region has something for everyone. Plus, with easy access to major highways and transportation options, commuting to nearby cities is a breeze.

Whether you're a first-time homebuyer or looking to downsize, homes with the Apartment subtype in SRCAR offer a fantastic opportunity to experience the best of California living. Explore the diverse real estate options available in this region and find your dream home today!

Newest Southwest Riverside County (SRCAR) Homes with Apartment Subtype

$2,050,000

IV26024597 MLS ⋅ Active Status

Rare opportunity to acquire a stabilized 14-unit multifamily asset in a prime Lake Elsinore location near the lake and within walking distance to downtown, dining, and shopping. The property features a desirable unit mix of four studios, six 1-bed/1-bath units, and four 2-bed/1-bath units, all currently tenant occupied and generating immediate income. Utilities are efficiently structured with separate gas and electric meters for each unit (14 total) and one shared water meter, helping reduce owner expenses. Situated on a large 18,730 sq ft lot across two APNs (374-173-002 & 374-173-003). No garage parking. Strong rental demand and consistent occupancy provide stable cash flow, with clear upside potential through rent increases. Recent capital improvements include a new roof, making this an excellent opportunity for investors seeking a value-add or long-term hold in a growing Inland Empire market with strong tenant appeal.

120 W Heald, Lake Elsinore

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.