905 W Sumner, Lake Elsinore, CA 92530

$1,075,000

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List Price
$1,075,000
Status
ACTIVE
MLS#
SW26150385
Year Built
2010
Lot Size
7,841
Acres
0.18
Lot Location
Back Yard, Yard
Days on Market
20
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels

Property Description

A unique opportunity to own two beautifully updated, nearly identical townhome-style units on one property. Ideal for expanding a rental portfolio or creating an owner-occupied setup with rental income from the second unit, this versatile property offers multiple possibilities. Each unit has been refreshed inside and out with new paint, updated flooring, and modern fixtures throughout. The entry opens to a spacious front room that flows into a bright and inviting great room, complete with a comfortable living area, eat-in dining space, and a generously sized kitchen featuring ample cabinetry and storage. A conveniently located laundry area for each independent unit. Upstairs, each unit offers three well-appointed bedrooms, including two with walk-in closets. The primary suite features a private balcony with views of Lake Elsinore, creating a relaxing space to enjoy the surrounding scenery. Each unit also includes two covered parking spaces. With updated interiors, functional layouts, lake views, and two separate residences, this property presents an excellent opportunity for investors, multi-generational living, or buyers looking to offset their mortgage with rental income.

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Lake
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Up
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$69,480
Operating Expense
8000

Listing courtesy of Listing Agent: Jason Devor (RealtorJasonD@gmail.com) from Listing Office: Hit Home Realty.

Mortgage Calculator

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Calculator source: Real Geeks

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.