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33071-33091 Santa Rosa Dr
Lake Elsinore, CA 92530
Multifamily Property For Sale · 18 Units

PROPERTY FACTS

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.75 AC
Building Size 17,640 SF
Average Occupancy 100%
No. Stories 2
Year Built 1986
Parking Ratio 3.57/1,000 SF
Zoning R-3

AMENITIES

UNIT AMENITIES

  • Oven
  • Range

SITE AMENITIES

  • Laundry Facilities

ABOUT 33071-33091 SANTA ROSA DR , LAKE ELSINORE, CA 92530

In the past 2 years, eleven of the eighteen units have been upgraded with the following: wood vinyl plank flooring on the first level, new carpet on the second level, new microwaves & dishwashers, new gas stove & ovens (select units), new ceiling fans, mirrored closet doors in the bedrooms and upgraded countertops. Each unit offers the following amenities: central air conditioning & heating, private enclosed patio, individual hot water heater, gas oven & stove with microwave. The units are individually metered for gas & electric and the landlord is responsible for water, trash and sewer. The property is located close to Ortega Highway (State Route 74) connecting the Inland Empire to Orange County. Said units have lake views and is situated in a desirable rental area in the city. The property is being offered free & clear of debt encumbrances, allowing an investor to take advantage to place new debt on the property. The Santa Rosa Mountain Villas is a rare opportunity to purchase a 1980’s construction property with all 2 bedroom town-home style units in a rapidly growing area of the Inland Empire.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 18 $1,335 980

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
381-290-018
Land Assessment
$723,446
Improvements Assessment
$2,624,749
Total Assessment
$3,348,195
  • Listing ID: 16005337

  • Date on Market: 5/9/2019

  • Last Updated:

  • Address: 33071-33091 Santa Rosa Dr, Lake Elsinore, CA 92530

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