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  4. 16459 Joy Street, Lake Elsinore, CA 92530
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16459 Joy Street
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  • MLS#: TR26019025 ( Commercial/Residential )
  • Street Address: 16459 Joy Street
  • Viewed: 4
  • Price: $3,750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1984
  • Bldg sqft: 0
  • Days On Market: 4
  • Additional Information
  • County: RIVERSIDE
  • City: Lake Elsinore
  • Zipcode: 92530
  • Provided by: IRN Realty
  • Contact: Vince Vince
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    16459 Joy Street presents a compelling multifamily investment opportunity in Lake Elsinore, CA. This 10 unit property features spacious three bedroom townhome style units with premium amenities, including central air and heat, private patios, and in unit laundry hookups. Residents appreciate the convenience of private two car garages, driveways, and some units even featuring a carport. Strategically situated near Lake Elsinore's scenic waterfront, the property is within walking distance to Machado Elementary School and proximate to Lakeside High School. Riverside Drive offers easy access to local retailers, restaurants, and grocers, while Interstate 15 provides seamless connectivity to regional employment hubs. With two units currently vacant, this property is ideal for owner occupants seeking a prime location with growth potential. A comprehensive renovation plan can unlock significant rental premiums, capitalizing on strong demand for quality multifamily housing in this desirable SoCal market.
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 14500.00
Carport Spaces
  1. 2.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Country
  1. US
Electric Expense
  1. 600.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 18.00
Gardner Expense
  1. 960.00
Heating
  1. Central
Insurance Expense
  1. 8000.00
Laundry Features
  1. Gas Dryer Hookup
  2. Washer Hookup
Levels
  1. Two
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 209268.00
Newtaxesexpense
  1. 39000.00
Number Of Separate Electric Meters
  1. 10
Number Of Separate Gas Meters
  1. 10
Number Of Separate Water Meters
  1. 10
Number With Dishwasher
  1. 10
Number With Disposal
  1. 10
Number With Range
  1. 10
Parcel Number
  1. 379132006
Parking Features
  1. Carport
  2. Driveway
  3. Garage
Pest Control Expense
  1. 1751.00
Pool Expense
  1. 0.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 12000.00
Property Type
  1. Commercial/Residential
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 455429008:CRM
Suppliesexpense
  1. 0.00
Tenant Pays
  1. Electricity
  2. Gas
  3. Water
Totalactualrent
  1. 17921.60
Totalexpenses
  1. 69391.00
Trash Expense
  1. 7080.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Workmanscompensationexpense
  1. 0.00
Year Built
  1. 1984
Year Built Source
  1. Public Records
Equal Housing Opportunity

Based on information from California Regional Multiple Listing Service, Inc. as of Jan 30, 2026. 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. 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.
Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on January 30, 2026 @ 12:00 am
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