Home For Sale near Lake Elsinore

16459 Joy Street presents a compelling multifamily investment opportunity in Lake Elsinore, CA. This 10-unit property features spacious three-bedroom townhome-style units with premium amenities, including central air and heat, private patios, and in-unit laundry hookups. Residents appreciate the convenience of private two-car garages, driveways, and some units even featuring a carport.

Strategically situated near Lake Elsinore's scenic waterfront, the property is within walking distance to Machado Elementary School and proximate to Lakeside High School. Riverside Drive offers easy access to local retailers, restaurants, and grocers, while Interstate 15 provides seamless connectivity to regional employment hubs.

With two units currently vacant, this property is ideal for owner-occupants seeking a prime location with growth potential. A comprehensive renovation plan can unlock significant rental premiums, capitalizing on strong demand for quality multifamily housing in this desirable SoCal market.

Property Details

  • Beds: 30
  • Baths: 30.0
  • Sq Feet: 14500
  • Year Built: 1984
  • Location: Lake Elsinore
  • Acres: 0.600
  • County: Riverside County
  • Heat/AC: Central
  • Garage: Carport, Driveway, Garage
  • Roof:
  • Stories: 2
  • MLS #: TR26019025

Location

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Contact Information:

Contact Agent
Listing Agent: Vince Kwon, IRN Realty, 626-374-5121, 626-322-2900 Listing Site, Listing Status: Active
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Ad Statistics:

Lake Home For Sale in Lake Elsinore, California
Ad Number : 7193459
Viewed: 25 times
Added: Jan 27, 2026
Updated on: Jan 27, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.