17797 Grand A & B
Property Overview
Affordable duplex in Lake Elsinore with new vinyl fencing and each unit offers a private yard. Both units are 1BD/1BA, 400 sq ft (buyer to verify) clean, functional, and maintained, with strong rental appeal. Unit A totals $1,700/mo with rent and surcharges, and Unit B totals $1,461.80/mo with rent and surcharges. Gross annual income is approximately $37,941.60 with a reported net of $26,559.12, reflecting an estimated 5.7% cap rate at a $463,500 price (buyer to verify all figures). Plenty of parking on site. Located within walking distance to Lake Elsinore and Perret Park for boating, water sports, fishing, and outdoor recreation. Zoned commercial, offering additional possibilities for buyers with business needs—buyer to verify all uses with the City of Lake Elsinore. Suitable for investors or an owner-occupant who wants to live in one unit and rent the other. Buyer to verify all information, income, expenses, zoning, and feasibility.
Home Details
- Property type
- Residential Income - Duplex
- Year built
- 1947
- Lot size
- 3,920 sq ft
- Parking
- 4 spaces
- Stories
- 1
- Days on market
- 160
- MLS status
- Active
- Architectural style
- Traditional
Features & Amenities
Interior
- All Bedrooms Down
Appliances
- Gas Range
- Refrigerator
Parking
- Driveway Level
- Driveway
Pool
- None
Lot
- Two To Five Units Acre
Community, Schools & Utilities
Utilities
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 17797 Grand A & B
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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