32929 Urban, Lake Elsinore, CA 92530 - For Sale

LAKEFRONT LIVING IS AFFORDABLE! HERE IS A GREAT INVESTMENT OPPORTUNITY TO OWN A VERY RARE, AND UNIQUE LAKEFRONT PROPERTY WITH UNRESTRICTED ACCESS TO VISTA DEL LAGO BEACH, A PRIVATE BEACH AND LAUNCH AREA ON LAKE ELSINORE. BEAUTIFULLY MAINTAINED AND LANDSCAPED (TROPICAL PLANTS & FRUIT TREES), THIS OVER-SIZED LOT FEATURES THREE SEPARATE, DETACHED STRUCTURES, PERFECT FOR INCOME PRODUCING RENTALS, OR PERHAPS KEEP THE STUDIO UNIT FOR A WEEKEND RETREAT WHILE LEASING THE OTHER TWO HOMES TO COVER YOUR PAYMENT!! UNIT "A" IS A 2 BED/2 BATH HOME, WITH A DINING ROOM, LIVING ROOM, FIREPLACE AND ONE-CAR GARAGE; UNIT "B" IS A STUDIO APARTMENT; AND UNIT "C" IS A 3 BED/3BATH TWO STORY HOME, WITH A LARGE BALCONY FACING THE LAKE. ALL UNITS HAVE THEIR OWN KITCHENS AND FRIDGES, AND THEY ALSO HAVE ACCESS TO A LARGE STORAGE BLDG, ON-SITE LAUNDRY FACILITY, AND COMMUNITY PATIO AND BBQ AREA. THERE ARE 6 PARKING SPACES IN FRONT OF THE RESIDENCE, AND 3 MORE ON THE SIDE OF UNIT C. THE MAIN HOUSE (UNIT A) HAS RECENTLY HAD A NEW ROOF INSTALLED, AND ALL HAVE BEEN NICELY MAINTAINED BY A LOCAL OWNER. GROSS INCOME IS CURRENTLY $3400/MO. ALL TENANTS ARE CURRENTLY ON A MONTH-TO-MONTH BASIS, AND ALL ARE SAID TO PAY ON TIME.