R3 Zoned Corner Lot 5-Bedroom Opportunity in Lake Elsinore - Close to the Lake
$459,000
33111 Baldwin Boulevard, Lake Elsinore, CA 92530
1,400 sqft
Building Size
522 sqft
Lot Area
Details:
Highlights:
- Zoned for Multifamily
- ADU partially done
- Double rental income
- Location
- Uncapped Appreciation
Description:
Rare corner-lot opportunity with mountain views, privacy, and strong upside. This quiet 4-bedroom home features a detached bonus room, solar, outdoor storage, fruit trees, and R3 zoning that opens the door to future ADU or development possibilities—all just minutes from the lake. This is a standout opportunity for both homeowners and investors. The existing detached bonus room can be converted into a large ADU for additional rental income or for multigenerational living. This home would bring in strong rental income and positive cash flow for investors. Solar is only 4 years old and is meticulously maintained. Enjoy super low energy bills of only $180 while you blast the AC all summer long and charge your EVs all day. Lake Elsinore announced huge developments over the next 4 years and property values are expected to jump. It is a great time to buy in Lake Elsinore.
Location
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