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$ 585,000
Est. payment /mo
New
314 Acacia Lake Elsinore, CA 92530
7 Beds
4 Baths
0.41 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26202519
Bedrooms 7
Lot Size 0.413 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity in Lake Elsinore offering beautiful lake views, a fully remodeled residence, and exceptional future potential. 314 Acacia Street is a charming 2-bedroom, 1-bath ranch-style cottage thoughtfully renovated while retaining its original hardwood floors and character. Improvements include a beautifully updated kitchen and bathroom, newer roof and plumbing, plus a spacious finished basement providing additional storage and utility. Enjoy unobstructed views of Lake Elsinore from the living room and both bedrooms, along with a private patio off the living roomthe perfect setting to relax and take in the lake and surrounding hills. The home is currently tenant occupied, providing immediate rental income and flexibility for a future owner-user or investor. The property encompasses seven combined APNs (373-135-012 through 373-135-018) and offers abundant outdoor space for RV parking, recreational vehicles and outdoor living, all surrounded by ranch-style fencing. A professional topographic survey was completed in 2025. Significant preliminary development work has already been completed. The property has undergone preliminary planning review, and architectural plans have been prepared for a proposed additional residence and ADU. The architectural plans, survey and related development materials will transfer with the sale. There may also be potential for an additional ADU associated with the existing residence. All proposed development, unit counts and uses are subject to applicable governmental requirements, further review and approvals. Buyer to independently verify d
Location
State CA
County Riverside
Zoning Public Rec
Direction turn left onto Acacia St.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 373135017
Acceptable Financing Cash
Listing Terms Cash
Listed by Justin Schaller, DRE#01457879 Lion Heart Realty
NEARBY SCHOOL & BUSINESS