16465 Joy St | Lake Elsinore, CA 92530
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16465 Joy St
Lake Elsinore, CA 92530
Multifamily Property For Sale
·
32 Units
INVESTMENT HIGHLIGHTS
- Part of a Two-Property, 42-Unit Portfolio Sale - Adjacent Property Consists of 10 Units
- Desirable Mix: 5, One-Bedroom & 27, Two-Bedroom Units
- Short Walk to Machado Elementary School – Located Just North of the Subject Property
- New Roofs, Upgraded Pool, Plumbing & Landscaping
- Two-Story, Garden-Style Building with Covered Parking, Pool & On-Site Laundry
- Situated Within a Few Blocks of the Entrance / Boat Dock to Lake Elsinore
PROPERTY FACTS
| No. Units | 32 | Lot Size | 1.17 AC |
| Property Type | Multifamily | Building Size | 29,783 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1979/2024 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Zoning | R3 - 43 - Apartment 21 - 40 Units | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.17 AC |
| Building Size | 29,783 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2024 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | R3 - 43 - Apartment 21 - 40 Units |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Ceiling Fans
- Satellite TV
- Range
- Walk-In Closets
- Carpet
- Yard
- Patio
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
- Trash Pickup - Curbside
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | 750 |
| 2+2 | 27 | - | 950 |
PROPERTY TAXES
| Parcel Number | 379-132-009 | Improvements Assessment | $4,244,832 |
| Land Assessment | $2,122,416 | Total Assessment | $6,367,248 |
PROPERTY TAXES
Parcel Number
379-132-009
Land Assessment
$2,122,416
Improvements Assessment
$4,244,832
Total Assessment
$6,367,248
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