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401 West Graham, Lake Elsinore, CA 92530

$515K3bd · 2ba · 1,268 sqft
Lot 8,276 sqft•Duplex•
Active
•81d on market•MLS# TR-25275541

Property Description

Discover the potential of this well-located duplex in the heart of Lake Elsinore, just minutes from historic downtown and the lake. Ideal for investors or owner-occupants, this income-generating property offers a total of 3 bedrooms and 2 bathrooms across two separate units, all situated on a generous 8,276 square foot lot with a large backyard and patio space. A detached three-car garage provides ample parking, storage, or future flexibility. Unit A features a functional layout with two bedrooms and one bathroom, opening into a comfortable living area, while Unit B offers its own private entrance with one bedroom, one bathroom, and a cozy living space—perfect for rental income or extended family living. The expansive lot creates exciting possibilities for outdoor enjoyment, storage for recreational toys, or potential expansion, including ADU opportunities (buyer to verify with the city). Located just a few blocks from Main Street and Lake Elsinore, residents enjoy convenient access to shopping, schools, dining, and a wide range of recreational activities such as boating, fishing, swimming, and extreme sports. This property is a rare chance to own a versatile duplex in a vibrant, growing community—full of opportunity and upside for the right buyer.

Features & Amenities

FeeBuilt 1921

Property Details

Land Type
Fee
Year Built
1921
Property Type
Residential
Property Subtype
Duplex
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Wall/Window Unit(s)
View
Lake
City
Lake Elsinore
Zip Code
92530
County
Riverside
Listed byBrent Westra, Brent Westra

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,604.12
Principal & Interest
Loan Amount
$412,000
Total Interest
$525,483
Total Payment Over 30 Years
$937,483
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 1 active · 0 closed

401 West Graham, Lake Elsinore, CA 92530

Lake Elsinore · Duplex

$515K
Affordable Tier
Beds
3
Baths
2
Sqft
1,268
Lot
8,276 sqft
Year
1921
$/Sqft
$406
Pool: No✓
View: Lake✓
Garage: 3-car✓

Comparable sales support the current list price.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $515K· $406/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $459K
+$56K (+12.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $367
+$39 (+10.6%)

Active Properties (1)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
835 QuailLake Elsinore1979321,2513,049$367$459,0001382
Total: 1 · Average3.02.01,2513,049$367$459,00013
Median1,251$459,000
AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.