Est. cap rate

4.4%

Assumed rent, all units

$4,420/mo

Units

2

Price per unit

$299,500

Est. annual NOI

$26,520

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

3

Bathrooms

2

Building size

1,706 sqft

Lot size

3,485 sqft

Year built

1976

Stories

1

Garage spaces

2

Heating

Central

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

51

MLS #

239035405

About this property

Great Investment Opportunity with Three Income Streams!Don’t miss this versatile property offering three separate rental income streams. The main residence features 2 bedrooms and 1 bathrooms, along with an additional 1 bedroom, 1 bathroom unit — both currently rented. A detached 2-car garage is also rented separately for storage, maximizing cash flow potential.Perfect for investors looking to keep all units rented, or owner-occupants who want to live in one home while generating income from the other. The property includes a fenced backyard ideal for family BBQs and outdoor entertaining.Enjoy low property taxes and no HOA, keeping expenses minimal and returns strong. A rare opportunity with built-in income!

Location

33053 Blackwell

Lake Elsinore, Riverside, CA, 92530