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Listed by DAVID MATTA, DRE #01403332 • REALTY MASTERS & ASSOCIATES
$ 4,700,000
Est. payment /mo
Active
33071 Santa Rosa Lake Elsinore, CA 92530
1.75 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV26225634
Year Built 1987
Lot Size 1.753 Acres
Source California Regional MLS
Property Description
Santa Rosa Mountain Villas is a unique and highly leasable 18-unit multifamily community built in 1987, comprising approximately 17,640 square feet of rentable space. The property consists of three identical two-story apartment buildings, each with a separate legal address (33071/33081/33091), situated on an approximately 56,628-square-foot lot. Also included in the offering is an additional contiguous, undeveloped 19,750-square-foot parcel featuring approximately 62 feet of frontage on Grand Avenue, property signage, and a sewer connection. Together, the parcels comprise approximately 1.75 acres, providing potential opportunities for the development of additional units on the improved parcel and/or the adjoining outparcel, subject to applicable zoning, entitlements, and governmental approvals. Each building contains six two-story, townhome-style residences and a laundry room providing additional owner income. Each approximately 980-square-foot unit features two bedrooms, one-and-one-half bathrooms, a private enclosed rear patio, central HVAC, and an individual water heater. Nearly all residences feature vinyl plank flooring throughout the first floor and upstairs full bathroom. In recent years, several units have received additional interior upgrades, including quartz or gran
Location
State CA
County Riverside
Area 699 - Not Defined
Interior
Heating Gas, Central Forced Air
Cooling Central AC
Flooring Laminate
Laundry Washer/Dryer - Leased, Community Facility
Exterior
Parking Features Unassigned Spaces, Assigned Spaces, Other
Garage Spaces 63.0
Pool None
View Hills, Lake
Roof Type Shingle,Composition
Building
Lot Description Grade - Sloped Down
Water District - Public
Others
Tax ID 381290018
Special Listing Condition Not Applicable
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