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Listing 12 out of 349
Sold for $195,500 Sold

16377 Lakeshore Drive
Lake Elsinore, CA 92530

1 unit | Multi Family Home
810 sq ft lot - MLS# SW19134788
Property Photo


Sold for $195,500 on Jul 3, 2019


Welcome to Lido at Lakeshore in Lake Elsinore. This property was renovated in late 2017 and has been rented to the same tenant since. The property received a contemporary renovation to include grey laminate wood floors throughout, with grey tile in the kitchen and bathrooms. The kitchen was redesigned to maximize space and offers bright white cabinetry with white quartz countertops complimented by stainless steel appliances, including refrigerator. The spacious family room opens to a large private covered patio with laundry closet. All through the property is tall baseboards and crown molding with recessed lighting in all the right places, ceiling fans in each of the bedrooms and contemporary light fixtures in the dining room along with each of the two full bathrooms. Extensive improvements means that there will be minimal upkeep on this property for the years to come and a low overhead for increased profit. The secure community offer two gated entrances, a pool and spa. The unit comes with a one car detached garage. Current lease expires at the end of January 2020. Lowest priced condo in Lake Elsinore!


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $189,900
  • Zip Code: 92530
  • Year Built: 1990
  • Stories: One
  • Units: 1 unit
  • # of Parking Spaces: 2.00
  • Lot Size: 810 sq ft lot
  • Pool or Spa: Community
  • Area: SRCAR - Southwest Riverside County
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Appliances YN: Yes
  • Association Amenities: Pool, Spa/Hot Tub, Insurance, Maintenance Grounds, Trash, Management, Controlled Access
  • Association YN: Yes
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 785.00
  • Building Area Units: Square Feet
  • Co-Selling Agent License: 01926654
  • Common Walls: 2+ Common Walls
  • Community Features: Sidewalks, Suburban
  • Cooling: Central Air
  • Cooling YN: Yes
  • Country: US
  • Directions: 74 West to Lakeshore Drive turn left, turn left on Clement Street, destination on left.
  • Flooring: Laminate, Tile
  • Garage Spaces: 1.00
  • Gross Income: 16200.00
  • Gross Scheduled Income: 16200.00
  • HOA Fee: 240.00
  • HOA Frequency: Monthly
  • HOA Name: Lido at Lakeshore Community Association
  • Heating: Central
  • Heating YN: Yes
  • Insurance Expense: 600.00
  • Laundry Features: In Closet, Outside
  • Laundry YN: Yes
  • Listing Agent License: 01383456
  • Listing Office License: 00616212
  • Lot Size Area: 809.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 12720.00
  • New Taxes Expense: 2014.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Operating Expense: 3480.00
  • Parking Features: Garage, Garage - Single Door, Garage Door Opener, On Site, Private
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Selling Agent: Cheryl Ann David
  • Selling Agent License: 01807988
  • Selling Office: Plg Estates
  • Sewer: Public Sewer
  • Spa Features: Community
  • Spa YN: Yes
  • Stories Total: 1
  • Total Actual Rent: 1350.00
  • Total Expenses: 2614.00
  • Uncovered Spaces: 1.00
  • Water Source: Public
  • Year Built Source: Assessor
  • Sold Date: 2019-07-03
  • Sold Price: 195500.00
Courtesy of Coldwell Banker Res-Murrieta, Tom Bashe

Choumas & Associates | 909-821-7133 | Email Us 
Candi Choumas CalBRE #01177993
Ashley Choumas CalBRE #01892987

2790 Cabot Drive #4-130 - Corona, CA 92883
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