Southwest Riverside County (SRCAR) Homes with Apartment Subtype

Welcome to Southwest Riverside County (SRCAR), a vibrant and rapidly growing region nestled within the heart of Riverside County, California. Known for its stunning landscapes, diverse recreational opportunities, and a warm community spirit, SRCAR is the perfect place to call home. At the center of this thriving area is Lake Elsinore, a picturesque city renowned for its breathtaking lake views and outdoor adventures.

Lake Elsinore offers an array of residential options, making it an ideal destination for families, young professionals, and retirees alike. One of the most appealing choices for homebuyers in this region is the availability of homes with apartment subtypes. These versatile properties provide the unique opportunity to enjoy spacious living while also having the option for rental income or accommodating extended family members.

Imagine living in a beautifully designed home that features a separate apartment unit—perfect for guests or as a private space for older children. These homes often include modern amenities, open floor plans, and outdoor spaces that take advantage of the region's stunning climate.

In addition to the beautiful residences, Lake Elsinore boasts a wealth of recreational activities, including hiking trails, water sports, and local parks, making it an excellent place for those who love the outdoors. The community is also rich in culture, with local events and festivals that bring neighbors together.

Whether you’re searching for a family home or an investment opportunity, the homes with apartment subtypes in Southwest Riverside County offer the perfect blend of comfort, convenience, and community. Come discover the charm of Lake Elsinore and find your dream home today!

Newest Southwest Riverside County (SRCAR) Homes with Apartment Subtype

$2,050,000

IV26024597 MLS ⋅ Active Status

Rare opportunity to acquire a stabilized 14-unit multifamily asset in a prime Lake Elsinore location near the lake and within walking distance to downtown, dining, and shopping. The property features a desirable unit mix of four studios, six 1-bed/1-bath units, and four 2-bed/1-bath units, all currently tenant occupied and generating immediate income. Utilities are efficiently structured with separate gas and electric meters for each unit (14 total) and one shared water meter, helping reduce owner expenses. Situated on a large 18,730 sq ft lot across two APNs (374-173-002 & 374-173-003). No garage parking. Strong rental demand and consistent occupancy provide stable cash flow, with clear upside potential through rent increases. Recent capital improvements include a new roof, making this an excellent opportunity for investors seeking a value-add or long-term hold in a growing Inland Empire market with strong tenant appeal.

120 W Heald, Lake Elsinore

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.