18487 GrandLake Elsinore, CA 92530




Mortgage Calculator
Monthly Payment (Est.)
Enter an interest rate to see your estimated monthly payment.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 potential. Opportunities featuring multiple units on this much usable land are incredibly rare. Don't miss your chance to secure a significant piece of Lake Elsinore real estate!
| 3 days ago | Status changed to Active | |
| 3 days ago | Listing updated with changes from the MLS® | |
| a week ago | Listing first seen on site |
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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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, the 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.
Search Homes for Sale in Orange County & California
Guardian Capital provides up-to-date access to the local MLS, helping you find the perfect homes for sale in Orange County and active homes for sale in California. Our real estate search tool connects you directly to active market listings.
Use the map and filter options above to browse listings, save your favorites, and schedule tours. Best of all, we can pre-qualify you for financing right here, ensuring you are ready to make a competitive offer the moment you find your dream home.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.