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Listed by Inland Valley Realty, Christopher Metcalf, Listing Contact: [email protected]
7 Beds
4 Baths
3,300 sqft

$624,999

18487 Grand, Lake Elsinore CA, 92530

Price per sqft$189.39
Built in1925
Property size3,300 sqft
Property typeResidential

Overview

Active

Listed Oct 5, 2026

Updated 2 min ago

Discover an exceptional multi-unit investment and development opportunity located at 18487 Grand Ave in Lake Elsinore. Offered at $624,999, this unique property sits on over 3 acres of beautiful, development-ready land, presenting a rare blend of immediate rental income potential and expansive space to realize a grander vision. This versatile property features four total income-producing units, providing a highly desirable mix for seasoned investors or those looking to offset their mortgage. The residential layout includes two one-bedroom, one-bathroom units, a comfortable two-bedroom, one-bathroom unit, and a spacious three-bedroom, two-bathroom home. This flexible arrangement is perfect for generating multiple streams of cash flow or accommodating multi-generational living. Nestled in a great central location, the sprawling three-plus acre lot serves as the perfect canvas to build your dream home or expand your real estate portfolio. Residents will enjoy stunning, panoramic mountain views and a peaceful atmosphere while remaining conveniently close to local shopping, dining, and community amenities. Whether you are looking for a cash-flowing asset or the perfect site to make your development dreams come true acre by acre, this property delivers unbeatable value and potent

$4,158/mo

Est. mortgage payment based on a $624,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRSW26213355

Interior Features

Bedrooms
7
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
2.15 Acres

Other Property Details

View
Yes
MLS provider logo

Listed by Inland Valley Realty, Christopher Metcalf DRE:01946751,
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Illuminate Properties (02) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Illuminate Properties (02) are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 7:14 PM UTC, 10/7/2026

 

 

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